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Home All Events - Ape O'Clock Cetus Liquidity Launch

Date

May 10 2023
Expired!

TimeUTC

10:00 am

Your Time

  • Timezone: America/New_York
  • Date: May 10 2023
  • Time: 6:00 am

Status

Active

Cetus Liquidity Launch

Token launch for a concentrated liquidity DEX ecosystem (Uniswap v3 fork) on Sui and Aptos.

DETAILS
  • Launch Details
    • Token will be listed on Cetus DEX
    • Token pair: CETUS/SUI
    • Listing price: TBA
    • Presale price: $0.05 (in SUI)
      • Presale held on Cetus
      • Vesting: 100% at launch
    • Initial circulating market cap: unknown
    • Initial liquidity: 70% of presale funds
    • Taxes: 0%
    • dApp is live
  • Mechanics & Features
    • Cetus utilizes concentrated liquidity and active liquidity management system, similar to Uniswap v3
    • Liquidity providers have flexibility over the price range (fee tier) at which their liquidity is utilized
    • Each liquidity position is as represented an NFT
    • Dual token system;
      • $CETUS is the utility token
      • $xCETUS is the escrowed governance token
    • Liquidity providers receive $CETUS rewards
    • $CETUS can be staked to receive $xCETUS
    • $xCETUS holders receive boosted farming yields, governance power, and IDO allocations for planned launchpad
    • Loyal liquidity providers for certain liquidity pools will be eligible to earn additional rewards in xCETUS
    • $xCETUS can be converted to $CETUS  over a 15-180 days vesting period
  • Tokenomics
    • Token symbol: CETUS
    • Total supply: 1,000,000,000
      • 50% — Liquidity incentives
      • 15% — Investors (6 months cliff, then 12 months monthly vesting)
      • 15% — Ecosystem treasury
      • 20% — Team & advisors (12 months cliff, then 24 months monthly vesting)
Links & Resources
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Blockchain

Sui

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