AsgardX Liquidity Launch
Token launch for a real yield earnings protocol on Arbitrum.
DETAILS
- Launch Details
- Token will be listed on Sushiswap
- Token pair: ODIN/ETH
- Listing rate: 5,689.53 ODIN/ETH (~$0.288)
- Presale rate: same as listing rate
- 615.16 ETH raised in presale held on PinkSale (10 ETH soft cap)
- Vesting: 100% at launch
- No private sale
- Initial circulating market cap (estimate): $1,560,000
- Initial total liquidity (estimate): $1,100,000
- 55% of presale funds (~338 ETH)
- 730 days lock on PinkSale
- Taxes: 1% buy | 1% sell
- dApp is live
- Mechanics & Features
- Protocol’s yield generating products include; DEX, launchpad and AI farming
- Users earn ETH rewards from a share of protocol’s earnings
- Stake ODIN to receive xODIN and earn Real Yield rewards and Multiplier Points
- XODIN (staked ODIN) is the non-transferable escrowed governance token
- XODIN is vested into ODIN tokens over a period of one year
- Users can also provide liquidity and earn a share of trading fees
- Deflationary mechanism: A share of the protocol earnings will be used for buyback & burn $ODIN token
- Tokenomics
- Token symbol: ODIN
- Total supply: 10,000,000
- 35% — Presale (no vesting)
- 19.25% — Liquidity (2 years lock)
- 15% — Ecosystem (10% unlocks May 26 2023, then 9% every 73 days – lock)
- 10% — CEX liquidity (10% unlocks March 27 2023, then 9% every 36 days – lock)
- 10% — Reserve (10% unlocks Feb 27 2024, then 9% every 109 days – lock)
- 5% — Team (10% unlocks Feb 27 2024, then 9% every 182 days – lock)
- 3% — Partnerships (10% unlocks March 27 2023, then 9% every 73 days – lock)
- 2% — Community (10% unlocks March 27 2023, then 9% every 9 days – lock)
- 0.435% — Reserve 2 (100% unlocks Feb 27 2024 – lock)
- 1% buy and sell tax
- 30% for Real-Yield Rewards (ODIN Staking)
- 40% to Core Development Fund
- 30% to Marketing & Partnership Fund
- No wallet transfer tax