Synergy Boardroom Launch

January 26 update – This is a relaunch after the team found errors in the original contract(s). Previous holders are being airdropped the new CRS and DIA.

Launch of the entire LP pools of an algorithmic stablecoin protocol pegged 1:1 to BUSD on BSC.

DETAILS

• Boardroom
  • Stake DIA in the Boardroom to earn CRS rewards
  • During expansion, newly minted CRS rewards will be distributed as follows;
    • 80% — Reward for Boardroom stakers
    • 7.5% — DAO fund
    • 7.5% — Team
    • 5% — Lottery
  • Boardroom only prints new CRS tokens when TWAP > 1.01
  • Epoch duration: 8 hours
  • Staked DIA is locked for 4 epochs and CRS rewards locked for 3 epochs (every deposit/claim/withdrawal resets the lockup timer)

• Tokens
  • $CRS (‘Crystal’) is the algo-stable, pegged 1:1 to BUSD
    • Initial supply: 25,001
      • 20,000 — Genesis rewards
      • 5,000 — Treasury
      • 1 — Pre-mint for initial liquidity
  • $DIA (‘Diamond’) is the shares token
    • Total supply: 100,000
      • 90,000 — Farming rewards (vested linearly over 365 days)
      • 3,000 — Treasury (vested linearly over 365 days – 8.2 DIA/day)
      • 2,000 — Treasury airdrop
      • 4,000 — Team (vested linearly over 365 days – 10.95 DIA/day)
      • 998 — Team airdrop
      • 2— Pre-mint for initial liquidity