Difference between revisions of "Popsicle Finance (WAGMI)"

From CryptoWiki

m (Grand Master Pepe moved page Popsicle Finance (ICE) to Popsicle Finance (WAGMI))
 
(One intermediate revision by the same user not shown)
Line 11: Line 11:


==History==
==History==
* Started with ICE as the token, but [https://twitter.com/danielesesta/status/1684269623082901507 migrated] to WAGMI (27-7-2023).
==Audits & Exploits==
==Audits & Exploits==


Line 47: Line 50:
===Token Allocation===
===Token Allocation===


* When ICE got migrated to WAGMI, it had a [https://twitter.com/danielesesta/status/1684269623082901507 change] in token amount (27-7-2023):
''"We've established a fixed exchange ratio: 1 $ICE = 69 $WAGMI, maintaining this ratio for three months after the $WAGMI launch."''
* From a [[PrimeDAO (D2D & PRIME)|PrimeRating]] [https://primerating.mypinata.cloud/ipfs/QmYMRJJubb384tEg8niPoi5XQxfxY26K1LJYT9aswkV2Bn report] (5-2022):
* From a [[PrimeDAO (D2D & PRIME)|PrimeRating]] [https://primerating.mypinata.cloud/ipfs/QmYMRJJubb384tEg8niPoi5XQxfxY26K1LJYT9aswkV2Bn report] (5-2022):


Line 53: Line 59:
===Utility===
===Utility===


* From the WAGMI [https://twitter.com/danielesesta/status/1684269623082901507 announcement] (27-7-2023):
''"Protocol-generated fees are used to buy back $WAGMI tokens from the market and send them to a [[Burn Mechanisms|burn]] [[address]]."''
* [https://medium.com/momentum6/damnnn-daniel-e-back-at-it-again-with-the-frog-nation-an-overview-a1cc2e34f0c1 From] [[Medium]] (7-12-2021):
* [https://medium.com/momentum6/damnnn-daniel-e-back-at-it-again-with-the-frog-nation-an-overview-a1cc2e34f0c1 From] [[Medium]] (7-12-2021):



Latest revision as of 01:55, 31 July 2023

Basics

"Popsicle.Finance is a platform for yield enhancement that focuses on AMM (Automated Market-Making) Liquidity Providers."

History

  • Started with ICE as the token, but migrated to WAGMI (27-7-2023).

Audits & Exploits

"Certik has published a Popsicle Finance audit report for their core contracts on May 5th 2021.

PeckShield has published a Popsicle Finance audit report for their SorbettoFragola ecosystem on June 28th 2021.

Both audits were released after the launch of the specific contracts.

Note: Most fix recommendations were implemented by the Popsicle Finance team."

Bugs/Exploits

"The hack on Popsicle Finances Sorbetta platform was re-paid back to all of the users who lost funds; as well as a 20% bonus for its most dedicated users."

Governance

Admin Keys

"There is a clearly labelled "Governance" section in the Popsicle Finance documentation. Defined roles are described in the governance section of their documentation, as well as a multisig function in this article.

Note: Contracts are not clearly labelled as upgradeable or not. Also, their governance portal link is dead.

Although all governance-related information is detailed in user-friendly language, the information does not relate to investments safety. No evidence of a Pause Control or similar function was found in any of the Popsicle Finance documentation."

DAO

Treasury

Token

Launch

Token Allocation

  • When ICE got migrated to WAGMI, it had a change in token amount (27-7-2023):

"We've established a fixed exchange ratio: 1 $ICE = 69 $WAGMI, maintaining this ratio for three months after the $WAGMI launch."

"ICE has a max supply of 69 million, ~64 million of which have already been minted and 44,842,141 have been burnt."

Utility

"Protocol-generated fees are used to buy back $WAGMI tokens from the market and send them to a burn address."

"$ICE is the governance token on this protocol. The ICE token has various functions such as voting on proposals for protocol updates, fee management and pool inclusions."

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

Fees

Upgrades

Staking

"Users on Popsicle.Finance can manage and stake liquidity provider (LP) tokens across different platforms. For example, users can stake Uniswap LP tokens or Sushiswap LP tokens built on the Ethereum blockchain. The same users can stake Pancakeswap LP tokens that are built on the Binance Smart Chain. Users can also stake ICE tokens received from Popsicle Stand in a bid to receive more $ICE."

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

Funding

Partners

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31