Genesis Pools & Token Allocation
Lets Talk Genesis!
Last updated
Lets Talk Genesis!
Last updated
Deposit tokens into the Genesis Pools and receive $DFTM tokens continuously for up to 2 days! You can proceed to use the accumulated $DFTM to provide LP and earn rewards by farming the LP from 13 MARCH 8AM UTC
The Genesis pools charge a small one-time deposit fee of 0.5%. These funds will support the development costs of building our ecosystem, which will provide significant long-term value to $DFTM and $DOOM holders. We decided to go with this fee model because capital appreciation of $DFTM and $DOOM is where the money is made. A small team/treasury allocation encourages price appreciation of our tokens to the benefit of all participants. Too many protocols wrongly give the founders massive token allocations, only to be immediately dumped on the market. Check out the 'Tokens' section for a detailed breakdown of the token allocation.
There will be 5 Genesis Pools, allowing you to earn $DFTM rewards by depositing wFTM, USDC, TOMB, ETH, MIM. Their allocation is can be shown below:
20% allocation wFTM 0.5% Deposit & 0.5% Withdraw Fee.
20% allocation USDC 0.5% Deposit & 0.5% Withdraw Fee.
20% allocation DAI 0.5% Deposit & 0.5% Withdraw Fee.
20% allocation wETH 0.5% Deposit & 0.5% Withdraw Fee.
20% allocation MIM 0.5% Deposit & 0.5% Withdraw Fee.