Argo Protocol Liquidity Launch
New liquid staking protocol launch on Cronos.
They have an on-going audit with Certik, I have linked it below.
No contracts.
Their Medium article says the liquidity launches once the presale ends, as such, I have set this launch for the time that the presale ends.
DETAILS
- You can refer to the Medium article here
- Will be held on VVS launchpad, here and will last for 24 hours
- Max supply: 1,000,000,000 ARGO
- 6% to public sale
- 44% to incentive programs
- 5% to community bounties
- 5% to marketing / partnerships
- 20% to treasury
- 20% to the team, vested linearly over 24 months
- 60,000,000 ARGO for presale
- 20% for Basic Sale ‘Gem Fair’
- 80% for Unlimited Sale ‘Gem Warehouse’
- Basic sale will be only for those who have xVVS staked in their vaults
- Unlimited Sale will be open to the public
- Fee will be upto 1%, decreasing to 0.2%
- Presale rate: $0.05 / ARGO
- Hardcap: $3,000,000
- No max amount of contribution per wallet
- This will use the overflow method, where contributors will get pro-rata allocation if the sale exceeds the hardcap
- 0.3% unstaking fee
- 0.3% vault management fees
- There is a 28 day unstaking period for xARGO
- 25% of penalty fee – ARGO stakers will receive a pro-rata portion of penalty fees paid by xARGO instant unstakers
- 50% of Protocol Fees will go into Argo’s Treasury, while 50% will go towards xARGO stakers
Related Posts
- Twitter: https://twitter.com/ArgoProtocol
- Discord: https://discord.com/invite/argofinance
- Telegram: https://t.me/Argo_Finance
- Chart: https://dexscreener.com/cronos/0xdcbe2035a7b24f7aa479bff3cca46d2f5f014b74
- Audit / Review: https://www.certik.com/projects/argo