Initial Release $pSOLID
The following dates are the expected roll-out of the Ripae Finance $pSOLID product on Fantom.
- Genesis Start = 2022-02-28 12:00 UTC
- Genesis End = 2022-03-03 12:00 UTC
- Tellers Start = 2022-03-03 12:00 UTC and last for 180 days
- Bank Start = 2022-02-04 12:00 UTC
- -> Make sure that you stake your $PAE in the Bank BEFORE the start of the 1st Epoch at 2022-03-04 12:00 UTC in order to earn $pSOLID on the first expansion.
$pSOLID Release Schedule
The Genisis pools will start distributing $pSOLID reward on the 2022-02-28 12:00 UTC. These Genesis pools will be the only way to be the first to earn $pSOLID. Ripae is a 100% fair launch which means that no $pSOLID tokens are pre-minted to any individual party. The Genesis pools will last for 72 hours.
The Tellers will start distributing $PAE reward at the end of Genesis. These Tellers incentive users to provide liquidity and in turn, will be treated with earning $PAE that can be used in Ripae Banks on BOTH Avalanche and Fantom. These Tellers will be distributing $PAE during 180 days.
The Bank will start distributing $pSOLID reward on the 2022-03-04 12:00 UTC. You earn this $pSOLID by staking your $PAE. The Bank will continue distribute TWAP every time is $pSOLID above 1.01 $SOLID.
The Bond Market will be open at the same time as the Bank opens however buying bSOLID will only work if $pSOLID trades under 0.99 $SOLID.