Harbor Finance Genesis Pools Launch
November 9 update – the site and socials are gone. Last we checked it had about $100 TVL. We are classifying this as abandoned, as it looks like a fail fork, but welcome more information should anyone send it in.
November 3 update – delayed to November 8.
November 2 update – launch delayed to November 7.
New algorithmic stablecoin pegged 1:1 to BUSD on BSC.
DETAILS
- Genesis Farms
- Genesis farming will last for 24 hours
- 2,400 DOCK rewards to be distributed across the following pools:
- 50% — DOCK/BUSD LP pool
- 35% — ETH pool
- 35% — BUSD pool
- After 24 hours, an additional 21,600 DOCK rewards will be distributed for 9 days, with the following pool allocations;
- 90% — DOCK/BUSD LP pool
- 5% — ETH pool
- 5% — BUSD pool
- 1.5% deposit fee on non-native pools; 0% on native (DOCK/BUSD pool)
- No withdrawal fee
- Operation can drain funds 30 days after end of pools. governanceRecoverUnsupported set to “poolEndTime + 30 days” on DockGenesisRewardPool contract and DockRewardPool contract (ownership not renounced at time of review)
- LP farms and boardroom opens 24 hours after genesis
- Tokens
- $DOCK is the algo-stable, pegged 1:1 to BUSD
- Initial supply: 27,001
- 2,400 — Genesis farming
- 21,600 — Additional DOCK farming
- 1,000 — Airdrop
- 2,001 — Pre-mint for initial liquidity
- Initial supply: 27,001
- $TsTORM is the shares token
- Total supply: 50,001
- 41,000 — Farming rewards (vested linearly over 370 days)
- 4,500 — DAO fund (vested linearly over 300 days – 15 TsTORM /day)
- 4,500 — Dev fund (vested linearly over 300 days – 15 TsTORM/day)
- 1— Pre-mint for initial liquidity
- Total supply: 50,001
- $DBOND is bond token
- $DOCK is the algo-stable, pegged 1:1 to BUSD