BBQ Party Presale

Token presale for a Tomb fork + competitive staking protocol on Arbitrum.

DETAILS

• Presale Details
  • Presale will be held on BBQ Party website (link to be posted on their socials)
  • Duration: unknown
  • Purchase token: USDC
  • Presale price: $0.9
  • Listing price: $1
  • Hard cap: $40,000
  • Maximum contribution: $1,500
  • Presale allocation is divided into 2/3 in $BBQ and 1/3 in $SGE
  • Presale vesting: 100% at launch
  • $60,000 was raised in a private sale at $0.8; no vesting
  • Presale & private fund allocation;
    • 20% to BBQ/USDC liquidity
    • 10% SGE/USDC liquidity
    • 10% to buybacks
    • 5% to Treasury
    • 5% to Employees
    • 50% to DAO
  • DEX listing & protocol launch: April 24

• Mechanics & Features
  • There are 2 single-side staking pools – Pools 1 or 2
  • $BBQ tokens can be staked in either pools to earn $SGE rewards
  • Based on the ratio of tokens staked between the two Pools, a winning and losing pool is determined – the losing Pool pays out 10% of its tokens to the winning Pool each day
  • There is a 1% deposit and 1% withdrawal fee on staking in Pool 1 & Pool 2
  • 16 hours staking lockup
  • During the lockup period, there is a 1% fee each time a user chooses to hop from 1 pool to the other; no fee once the lockup expires
  • $SGE can be used to boost (“Favor”) a particular pool to increase it’s win percentage, up to 33% max bonus
  • $SGE can also be earned by staking LP tokens (BBQ/USDC, SGE/USDC) in the farms
  • $SGE can also be used to participate in the lottery
    • cost: 100 $SGE/ticket (1 ticket = 1 entry)
    • 1% deposit fee
    • winners share 80% of lottery pool, 20% burnt
  • $SGE can be staked in the boardroom and during epoch expansions, the protocol mints $BBQ and distributes 100% to $SGE boardroom stakers
    • epoch duration: 8 hours
    • staked $SGE locked for 2 epochs (16 hours) and $BBQ rewards locked for 1 epoch (8 hours) — timer resets on each deposit or withdrawal of $SGE or $BBQ
    • The Boardroom will not mint any $BBQ during the first 14 days

• Tokens
  • $BBQ is the native token
    • Initial supply: unknown
      • 40% — Initial liquidity (BBQ/USDC)
      • 20% — Contributors at the time of the protocol launch
      • 20% — Team
      • 20% — Ecosystem/DAO
  • $SGE is the shares token
    • Total supply: 1,000,000
      • 500,000 — Farming rewards (vested linearly for 12 months)
      • 150,000 — Contributors at the time of the protocol launch
      • 50,000 —Team
      • 300,00 — Initial liquidity (SGE/USDC)