USP Gen. & Launch
Everything about Genesis Pools & Launch for $USP
Genesis pools will start earning rewards on 25.06.2022 14:00 UTC. In the first 24hrs of launch 100.000 $USP tokens will be released to pool stakers. Pools for $USP Genesis > $USDC, $USDT, $USN, $SPOLAR, SPOLAR/NEAR LP, POLAR/NEAR LP, ETHERNAL/ETH LP, ORBITAL/wBTC, POLAR/stNEAR LP and TRIPOLAR/TRI LP. These pools will be up for the whole 24hrs. Allocations were calculated based on TVL in each pool before start of the Genesis >
- USDC > 30% Allocation
- USDT > 10% Allocation
- USN > 10% Allocation
- SPOLAR > 25% Allocation
- SPOLAR/NEAR LP > 8% Allocation
- POLAR/NEAR LP > 5.5% Allocation
- ETHERNAL/ETH LP > 7.2% Allocation
- ORBITAL/wBTC LP > 3.5% Allocation
- POLAR/stNEAR > 0.6% Allocation
- TRIPOLAR/TRI > 0.2% Allocation
There will be 1% deposit fee on USDC, USDT and USN pool, all the other pools WON'T have deposit fee. Deposit fee will go into the Protocol DAO, because our community demanded some anti-whale system for this Genesis. Every $ from deposit fee given to DAO will be used to build protocol owned liquidity for USDC/USN LP pool, we will not take a single penny!
Pools: USDC, USDT, USN, SPOLAR, SPOLAR/NEAR LP, POLAR/NEAR LP, ETHERNAL/ETH LP, ORBITAL/wBTC, POLAR/stNEAR, TRIPOLAR/xTRI LP
Total USP tokens: 100.000
New pool USDC/USP LP will be added to Earn on 25.06.2022 16:00 UTC and you can start making USDC/USP LP in Earn to earn $SPOLAR and stake $SPOLAR in SUNRISE to earn $POLAR, $ETHERNAL, $ORBITAL, $USP or $TRIPOLAR.
$USP is another algo. token which is going to be part of our Polaris Finance ecosystem. It will be pegged to 1 $USDC on Aurora blockchain and the concept is very same as other pegged assets.
Genesis pools will open on 25.06.2022 14:00 UTC and USDC/USP LP will start 25.06.2022 16:00 UTC. Sunrise for $USP will launch on 26.06.2022 14:00 UTC. Polaris team will seed initial liquidity for USDC/USP LP.
NO! Everything remains the same and that means we will just add $USP Sunrise where you can stake your $SPOLAR to farm $USP.