Genesis pool

Dante Finance has decided to use TOMB Finances’ idea of implementing Genesis pools to provide initial token allocations of DANTE. We believe Genesis pools provide the best bot protection, and will also incentivize user added liquidity which is extremely beneficial for a new protocol.

Team will provide LP for DANTE-TOMB. This LP will be locked and all TXS will be public. Furthermore, A large part of genesis distribution tokens are going to be burned forever. This will create scarcity, providing more incentive to participate. This liquidity will be moved to the GRAIL rewards pool later and locked! Meaning GRAIL will be burned slowly using the same mechanism!

DANTE GENESIS POOLS will be as follows:

TOMB: 1500 =7.5% of the pool

WFTM: 3750 =18.75% of the pool

USDC: 3750 =18.75% of the pool

FAME: 1000 =5% of the pool

DANTE-TOMB LP: 10000 =50% of the pool

Total: 21000 $DANTE

1000 DANTE will be pre-minted and sent to our multi-sig treasury

There will be a .8% deposit fee in the Genesis pools that will be directly sent to our Multi-Sig Treasury and will bootstrap Treasury Funds for future buybacks and improvements to the protocol.