Avatr Liquidity Launch

April 29 update – site and socials gone.

Token fair launch on Ethereum for an interest-free loans protocol for Liquid Staking Derivates tokens.

Stealth launch between 2pm UTC – 3pm UTC.

No contract available at time of review.

DETAILS

• Launch Details
  • Token will be listed on Uniswap
  • Token pair: AVATR/WETH
  • Fair launch, no presale/private sale
  • Listing price: $0.096
  • Initial diluted market cap: $9,610,000
  • Initial total liquidity: $384,400
    • 100 ETH + 2,000,000 $AVATR
  • Taxes: 0%
  • Genesis liquidity mining event is scheduled to launch 1 hour after token launch, and will last for 21-days- 6.3 million $esAVATR to be distributed

• Mechanics & Features
  • Supply or borrow
  • Liquid Staking Derivative (LSD) tokens (e.g., stETH, rETH) or ETH are used as collateral to borrow other tokens, with up to 50% collateral ratio
  • User’s assets are utilized to automatically repay the loan
  • $AVATR can be staked to receive $esAVATR
  • Liquidity providers receive rewards in $esAVATR
  • $esAVATR is the escrowed governance token
  • $esAVATR can be converted back to $AVATR through vesting
  • $esAVATR holders receive voting power to participate in LSD Strategy Vaults voting and guide liquidity and protocol governance

• Tokenomics
  • Token symbol: AVATR
  • Total supply: 100,000,000
    • 2% — Liquidity (1 year lock)
    • 90% — Staking/LP incentives (5 years linear vesting)
    • 5% — DAO (6 months cliff, then 2 years linear vesting)
    • 1% — Marketing (3 months cliff, then 1 year linear vesting)
    • 2% — Team (5 years linear vesting)