The undertakers at RugZombie are good zombies. We pride ourselves on building to bring value to people who were hurt by rugs, scams, hacks etc. 

Earlier this summer, the world witnessed a rug/hack/inefficiency (who knows what to call it) of Iron Finance (TITAN). Even the extremely wealthy Mark Cuban, (the patron saint of DeFi?) was unable to save himself from this one. 

Being the good zombies we are, we wanted to announce our first CHARITY AUCTION to commemorate this event in DeFi history. This CHARITY AUCTION will have three phases:   

Phase 1 - Artist Submissions. Any and everyone is allowed to enter. To do so, fill out this submission form with your artwork.   

Submissions must be complete before Aug 29, 2021 at 11:59 EST.  

We are hosting a CHARITY AUCTION for the man who was hurt by the fall of TITAN- Cuban himself. Here are the details for our auction:  

How To Play   

Our auctions require a “ticket” to enter. This is just the price of entry to the Mausoleum. Consider it a entrance fee that helps the project as 50% of the fee is burned immediately and the other 50% goes to our treasury so we can keep building.  

The Proceeds  

RugZombie’s Mausoleum Auction House operates differently than most-we require LP tokens for our bids. Users can easily create these LP tokens by going to our partners Apeswap and creating APE-LP tokens. For the uninitiated, we have created a GUIDE and one of our community members made this helpful video that we posted on our channel.  

Of the winning bid;  

-25% goes automatically back to the LP pair, thereby raising the LP floor forever.  

The remaining 75% is then unpaired.  

ALL of the ZMBE is burned.   

Of the BNB that remains,   

75% goes to the Artist for their work

10% goes to our Artist Contest Manager (who is NOT a part of the Zombie team) 

15% goes to our treasury in order to be given to our CHARITY  

About the Charity  

We have chosen to give directly to the victim of this event, namely, Mark Cuban.  

He will have 30 days from the end of the auction to DM our official Twitter account from His official account to redeem. Mr. Cuban also has the option to choose a charity for us to donate to, and we will do so if desired. Maybe he will match the amount?  

If 30 days elapse, and we have not heard from sir Cuban, we will invite our community to decide a charitable event to give toward.   

Calling All Artists  

If you would like to enter our contest, we ask for you to read the terms and conditions. The TLDR is this is YOUR work that you own. Only the winning pieces will be utilized for anything in our ecosystem.   

We only ask that once you have submitted your work, you let @mcuban know on twitter that you are here to help and you are a good zombie on a mission to #cleanupdefi.