Platinum Finance Full Protocol Launch
February 6 update – the team released a Medium saying the main dev is Alixium#0001 from Kandyland DAO and Kandyland was KYC’d – I have checked and the dev has the same username on both projects, so this appears to be correct.
New Tomb fork on Fantom.
The docs and the team say they will have an audit and KYC before launch, but there is no audit or KYC yet (Feb 5 4am UTC).
DETAILS
- PLAT is the algostable, pegged to the price of FTM
- SPLAT is the shares token; with max 70,001 tokens in circulation
- 7,000 SPLAT to treasury vested linearly over 150 days
- 3,500 SPLAT to dev wallet vested linearly over 150 days
- 59,500 SPLAT to staking pools
- 1 SPLAT minted for contract creation
- PBOND is the bond token
- Appears to be a straightforward fork, no new mechanics mentioned in the docs