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Home All Events - Ape O'Clock RB Finance Genesis Pools Launch

Date

Mar 29 2023
Expired!

TimeUTC

4:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Mar 29 2023
  • Time: 12:00 pm

Status

Active

RB Finance Genesis Pools Launch

New algorithmic stablecoin pegged 1:1 to ARB on Arbitrum.

DETAILS
  • Genesis Farms
    • Genesis pool emissions will last for 48 hours until March 31
    • 27,500 $RB rewards to be distributed across the following pools;
      • Native pools:
        • 7.5% — ARB
        • 75% — RB/ARB LP pool
      • Non-native pools:
        • 7.5% — WETH
        • 5% — USDC
        • 5% — GRAIL
    • 0.5% deposit fee on non-native pools; no fee on native pools
    • No withdrawal fee
    • LP Farms & Boardroom is scheduled to open after genesis on March 31, 4pm UTC
  • Tokens
    • $RB is the algo-stable, pegged 1:1 to ARB
      • Initial supply: 33,500
        • 27,500 — Genesis rewards
        • 1,000 — DAO fund
        • 5,000 — Initial liquidity (RB/WETH)
    • $RBX is the shares token
      • ❌ No information available on the token supply & allocation
    • $RBB is bond token
Links & Resources
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Blockchain

Arbitrum