Spookie Finance LP Farms & Boardroom Launch

New algorithmic stablecoin pegged 10:1 to AVAX on Avalanche.

Website not live at time of review.

DETAILS

• LP Farms
  • Farming emission will last for 365 days
  • Stake LP tokens in the farms to earn GSHARE
  • 60,000 GSHARE to be distributed across the following pools;
    • 30,000 — GHOST / WAVAX LP pool
    • 30,000 — GSHARE / WAVAX LP pool
  • No deposit or withdrawal fee
  • Boardroom opens 1 hour before LP farms

• Boardroom (opens at 5pm UTC)
  • Stake GSHARE in the Boardroom to earn GHOST
  • During expansion, newly minted GHOST rewards are distributed as follows;
    • 65% — Reward for Boardroom stakers
    • 10% — Insurance fund
    • 20% — DAO fund
    • 5% — Dev fund
  • Epoch duration: 6 hours
  • Staked GSHARE is locked for 3 epochs and GHOST rewards locked for 1 epoch (every deposit/claim/withdrawal resets the timer)

• Tokens
  • $GHOST is the algo-stable, pegged 10:1 to AVAX
    • Initial supply: 25,001
      • 25,000 — Genesis farming
      • 1 — Pre-mint for initial liquidity
  • $GSHARE is the shares token
    • Total supply: 61,001
      • 60,000 — Farming rewards (vested linearly over 365 days)
      • 1,000 — Dev fund (vested linearly over 365 days – 2.74 GSHARE/day)
      • 1— Pre-mint for initial liquidity
  • $GBOND is bond token