Initial Launch

bDollar (BDO) token distribution

    Initial supply: 210,000 BDO
    Distribution period: 3 weeks
    First week: 80,000 BDO
    Second week: 60,000 BDO
    Third week: 40,000 BDO
    Airdrop: 30,000 BDO (BNB, BUSD, CAKE, BFI, BFIE, ESD, BAC, and VALUE) #hodlers can claim BDO by connecting your wallet at airdrop is organized on a first come — first serve basis, until the whole 30k BDO is fully distributed. Each wallet can claim a maximum of 2 BDO while upNdown’s users will be entitled to claim 5 BDO.
Reward rate for Seed pools from Day 1
    BUSD: 4x
    DAI: 2x
    BFI: 2x
    CAKE: 1x
    3 tokens voted by Community — 1x
Reward rate for Liquidity pools from Day 3

bDollar Shares (sBDO) distribution

sBDO has a maximum total supply of 100,000 tokens. 15,000 sBDO are allocated to the team and DAO (7,500 each) and vested linearly over 12 months. The remaining 85,000 sBDO are allocated for incentivizing Liquidity Providers in 2 pools, as follows:

Banks - Finished (bootstrap phase)

Current Bank Pools
    BDO-TEN LP (Farming details can be found here)
Retired Bank Pools (Please withdraw any funds in these pools):


Current Shares Pools (Multiplier Rewards):
    BDO-BUSD LP: 45x
    sBDO-BUSD LP: 30x
    BDO-BNB LP: 10x


bBDO (bond tokens) are always on sale, however, a purchase during epoch expansion will result in a nett loss. Hence, the platform UI only allows for purchase of bBDO when BDO falls below the 1 $BUSD peg.
Early redemption of bBDO bonds for BDO (when BDO's TWAP < 1) will experience a 10% nett loss. e.g. if BDO's TWAP < 1, exchange bBDO bonds for BDO will be in a 1:0.9 ratio.
To encourage redemption of bBDO bonds for BDO when BDO's TWAP > 1 and incentivise profit-seekers who are doing bonds. Bonds redemption will be more profitable with a higher BDO TWAP value, of which bBDO bonds to BDO ratio will be 1:R, where R can be calculated in the formula as shown below:
R=1.0+min[0.3,(BDO(twapprice)1.0)coeff)]R = 1.0 + min[0.3, (BDO_(twapprice) - 1.0) * coeff)]
Where coeff = 0.65
Example 1. if BDO's TWAP = 1.05,
R = 1.0 + min[0.3, (1.05 - 1.0)*0.65)] = 1.0 + min[0.3, 0.0325] = 1.0 + 0.0325 = 1.0325
bBDO to BDO ratio in Example 1 would be 1:1.0325
Example 2. if BDO's TWAP = 1.10,
R = 1.0 + min[0.3, (1.1 - 1.0)*0.65] = 1.0 + min[0.3, 0.065] = 1.0 + 0.065 = 1.065
bBDO to BDO ratio in Example 2 would be 1:1.065
As you can tell, bBDO holders are able to profit more when they participate in bonds redemption when BDO TWAP >> 1.
Last modified 5mo ago