Cruize Finance Presale
Public presale for a perpetual DEX and launchpad platform on Arbitrum.
DETAILS
- Presale Details
- Presale will be held on Ramses Exchange
- Duration: 7 days
- Purchase token: USDC
- Presale price: $0.25
- Listing price: $0.25
- Hard cap: $5,000,000
- No minimum or maximum contribution
- Presale allocation: 50% in $CRUIZE and 50% in $ARMADA
- Presale vesting: 50% at launch ($CRUIZE), 50% vested for 3 months ($ARMADA)
- Every participant will be eligible for a rebate/bonus on their contribution, in the form of a token of their choice: $USDC or $ARB and additional $ARMADA airdrop
- Initial diluted market cap: $25,000,000
- Presale funds allocation;
- 30% for Initial CRUIZE/USDC liquidity
- 70% to the treasury for ongoing operational expenses such as development costs, marketing spending, and contributor compensations
- Taxes: 0%
- DEX listing: TBA
- Beta dApp is live
- Presale will be held on Ramses Exchange
- Mechanics & Features
- Cruize provides yield-earning vaults for users to stake and earn yield generated by the protocol from strategies featuring combinations of derivatives and bonds in pre-packaged instruments
- Fee structure;
- 15% weekly performance fee on the yield generated by the vault
- 2% management fee on staked deposit, charged at time of withdrawal and on a pro-rata basis
- Dual token system;
- $CRUIZE is the utility token
- $ARMADA is the escrowed token
- $CRUIZE can be staked to receive $ARMADA
- $ARMADA holders receive boosted yield on deposits, a share of protocol revenue, access to Cruize’s exclusive vaults after satisfying the vaults’ threshold requirements
- $ARMADA can be converted to $CRUIZE over 90-day vesting period
- Tokenomics
- Token symbol: URD
- Total supply: 100,000,000
- 20% — Presale (50% at launch ($CRUIZE), 50% vested for 3 months ($ARMADA))
- 5% — Seed (5% TGE, 6 month cliff, then 18 months vesting)
- 40% — Community (48 months vesting)
- 10% — Liquidity (36 months vesting)
- 5% — Reserves (15% TGE, then 36 month vesting)
- 2% — Advisors (12 months cliff, then 24 months vesting)
- 15% — Team (12 months cliff, then 24 months vesting)
- 3% — Future employees (12 months cliff, then 24 months vesting)
Blockchain
