Acorn Finance
The low-fees, minimal-slippage decentralized exchange on ThunderCore that you've all been waiting for.
What is Acorn Finance
Inspired by Curve Finance and Belt, Acorn Finance is an exchange designed to deliver stablecoin trades with the best rates.
Stablecoins are an important asset class in the world of Defi. However, users trading stablecoins on TTSwap often suffer from large slippage, which discourage trading activities. In order to solve this problem, we've decided to launch a better exchange for stablecoins: Acorn Finance.
Here are some upcoming features for Acorn Finance:
Low slippage in stablecoin swaps
Lowest transaction fees on ThunderCore
Strategies that help investors generate more income
What is ACORN
The ACORN token is an TT-20 token that powers Acorn Finance. ACORN is an inflationary token with a built-in burning mechanism. The owners of ACORN will be able to share protocol profit.
IFO Farming Details
Pre-Farm start time: Approx. 6am UTC on Jul 19th 2021 - start staking RAM-TT LP tokens
Farming start time: Approx. 6am UTC on Jul 20th 2021 - start to earn ACORN rewards
End time: Approx. 6am UTC on Aug 3rd 2021 - farming ends
To participate in the IFO:
Before Farming:
Get RAM_TT LP tokens by adding RAM and TT liquidity
During Farming:
While the farming is live, stake your RAM-TT LP tokens to farm ACORN at Ram's staking page.
You can harvest ACORN at any time to withdraw yields back to your wallet
Please note — while you are holding RAM-TT LP tokens you will be at risk of Impermanent Loss.
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