10MB Public Presale

New Tomb + Iron Finance hybrid fork launch on Cronos from the Sugandese Tokens team that launched MiniPanther, SnowCatDAO, PolyWantACracker, Darkside Finance, etc.

DETAILS

• Presale will be held on their website, here
• Total presale hardcap: 600,000 USDC
  • Whitelist + Public Presale: 300,000 USDC
    • Price: 0.1 USDC
    • Max contribution: 2,000 USDC
    • Whitelist presale will be on June 28
  • Private Presale: 200,000 USDC (sold out)
    • Price: 0.1 USDC
  • Seed: 100,000 USDC (sold out)
    • ❌ There is no information on the price tokens were sold at seed round
• Listing prices: 0.1 USDC / $10MB and 1000 USDC / $10SHARE
• Presale fund allocation
  • 55% Liquidity and Redemption Treasury
  • 20% Team
  • 25% Infrastructure
• $10MB is the algo-stable, pegged to 0.1 USDC
  • Peg will be maintained via a dual-peg mechanism – seigniorage (similar to Tomb) and fractional collateralization (similar to Frax and Iron Finance)
• Initial supply: 6,600,000 $10MB
  • 1,500,000 Liquidity (paired with150,000 USDC, if presale hardcap reached)
  • 3,000,000 Public + Whitelist Presale
  • 2,000,000 Private Presale
  • 100,000 Incentives
• There will be a variable sell tax on $10MB, proportional to the TWAP (time-weighted average price) of $10MB; ranging from 0.2% – 20%
• There will be a 0.4% tax on minting and redemption of $10MB
• $10SHARE is the shares token, with an initial supply of 80; distributed as follows:
  • 50 Liquidity (paired with 50,000 USDC, if presale hardcap reached)
  • 15 Minotaur Money token swap
  • 15 SnowcatDAO token swap
• $10BOND is the bond token

Related Posts