AvaDex Liquidity & Farm Launch

October 7 update – the team says that despite raising $165k during their series of presales, they don’t have any money to add liquidity to TraderJoe, and as such, investors can seek refunds on whatever IDO / presale platform they purchased on. Launch is now postponed until they have “sufficient funds.”

October 6 update – the team previously said it would launch on October 7 at 1pm UTC. Now they are avoiding “Wen launch?” questions and saying more info will come “soon,” so it’s unclear if this is launching as scheduled or not.

New DEX on Avalanche with mini games, farms, staking pools, and NFT features.

DETAILS

• Launch Details
  • Token will launch on Trader Joe and AVA DEX
  • Token pair: AVEX/WAVAX
  • Listing price: $0.06
  • IDO price: $0.06
    • Vesting: 30% at TGE, then monthly vesting over 3 months
    • IDO held on X-Starter, Marspad, Orbit Finance
  • Private sale price: $0.04
    • Vesting: 15% at TGE, then vested monthly over 3 months
    • Private sale held on their website
  • Initial circulating market cap: $400,000
  • Initial liquidity: unknown
  • Taxes: 0%

• Features
  • Farms – stake LP tokens to earn AVEX
  • Staking pools -Stake AVEX to earn AVEX
  • Min-games – use AVEX to play mini-games and earn AVEX rewards if you win

• Tokenomics
  • Token symbol: $AVEX
  • Total supply: 10,000,000
    • 45% — Private sale (15% at TGE, 2 months cliff, then vested monthly over 3 months)
    • 20% — IDO round (30% at TGE, then vested monthly over 3 months)
    • 10% — Marketing & airdrop incentives (0% TGE, monthly vesting over 6 months)
    • 7% — Team (3 years cliff, then 50% released yearly)
    • 5% — Advisors (6 months cliff, 25% after cliff, then 15% released monthly)
    • 13% — Liquidity (50% TGE, 3 months cliff, then vested monthly over 6 months)