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Home All Events Argo Protocol Liquidity Launch

Date

Apr 29 2022
Expired!

TimePacific Time

5:00 am

Your Time

  • Timezone: America/New_York
  • Date: Apr 29 2022
  • Time: 8:00 am

Status

Active

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 Launches

Blockchain

Cronos

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