Timeline
Our deployment plan and what you can expect during the first 11 days and onwards.
Day 1
CHIPS distribution.
Initial supply: 60 CHIPS coins.
10 CHIPS tokens allocated to DAO.
Distribution period: 10 days (5 CHIPS tokens daily).
Block countdown: https://bscscan.com/block/countdown/8009960
Contract address: 0x7a4Feb21b86281F7D345dEDE500c9C51881b948B
CHIPS Reward Pool: 0x55fD847363fF4cAb4032722f54455B4a7E3160af
Reward rate for pools from Day 1 to 10 (1% deposit fee on deposits).
BNB: 2x
BUSD: 1x
MDO: 0.5x
BTD: 0.5x
Day 2
Pancake LPs CHIPS/BNB — 99x will be added from Day 2 to 10 to mint the remaining CHIPS coins.
Day 3
FISH (Shares) distribution.
FISH shares have a maximum total supply of 600 tokens.
50 FISH are allocated to DAO Fund.
60 FISH are allocated to the development team.
Both are vested linearly over 12 months.
50 FISH allocated to ChipSwap mechanism.
Contract address: 0xD47c524ae4Cf0f941D0Dd03b44CD9C80dd4238d6
Block countdown: https://bscscan.com/block/countdown/8067560
The remaining 440 FISH are allocated for incentivising liquidity providers over 12 months, as follows:
Days 3 to 10
FISH Pools.
Pancake LPs CHIPS/BUSD: 6x
Pancake LPs CHIPS/BNB: 3x
Pancake LPs FISH/BNB: 6x
Pancake LPs CHIPS/BTD: 1x
Day 11 Onwards
From Day 10 after the Bank pool closes, these will be the remaining pools to mint FISH shares.
Pancake LPs CHIPS/BUSD: 3x
Pancake LPs CHIPS/BNB: 3x
Pancake LPs FISH/BNB: 6x
Pancake LPs CHIPS/BTD: 1x
Pancake LPs MPEA/CHIPS: 3x (only in contraction phase).
All fees go to DAO and they are going to be used for future development as the experimental economy progresses to meet the project aims. Such tasks could be:
Lottery.
Exchange.
Fish price predictor.
CHIPS coin buy-backs.
Additional Liquidity Provider integrations.
Vault and Higher Yield Staking.
Research.
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