(deprecated)Timeline
As of 7 Sep 2021, this document is a work in progress and should still be considered v0.4.
In the DeFi world, there are many exploits / rug-pulls / scams, and security holes. I will not hesitate to postpone the project if there are any concerns. Please understand.

Timeline for COFFIN/xCOFFIN token

Genesis Reward pool for COFFIN token ( Day 1 to Day 3 )

Users can stake FTM to earn COFFIN within only the first 3 days.
Genesis pools are closed after that the days. Pools will stay open to un-stake.
The token supply within 3 days is only 60,000. ( 20k/daily )
We have plan to prepare lockup period for harvest/withdraw. And we are going to prepare user's incentive to stake LP tokens after user harvest reward tokens.
You need to consider the specifications and risks. Otherwise, you must not invest.

Farms to earn COFFIN token ( from Day 2 to Day 10)

Users can stake some pairs to earn COFFIN from Day 3 to Day 10.
Coffin Finance plans to set the below.
  • FTM-coUSD: x6
  • COFFIN-coUSD: x6
The token supply from Day 2 to Day 10 on the above farms is 900,000. ( 100k/daily )
We have plan to prepare lockup period for harvest/withdraw. And we are going to prepare user's incentive to stake LP tokens after user harvest reward tokens.
You need to consider the specifications and risks. Otherwise, you must not invest.

Farms to earn COFFIN token ( from Day 9)

  • FTM-coUSD: x3
  • COFFIN-coUSD: x3
  • COFFIN-FTM: 6
  • (subjected to change)
We have plan to prepare lockup period for harvest/withdraw. And we are going to prepare user's incentive to stake LP tokens after user harvest reward tokens.
You need to consider the specifications and risks. Otherwise, you must not invest.

Farms to earn xCOFFIN token ( from DAY 21 )

start staking COFFIN to earn xCOFFIN. need long term commitment.
or only staking available when the price is below the peg.
(subjected to change)