DawnStar Finance Presale & Liquidity Launch

DawnStar Finance is an algorithmic seigniorage protocol pegged 1:1 to MMF, from the MM Finance team and launching on Polygon.

❌ No contracts available (at time of review).

DETAILS

• Presale Details
  • Presale will take place on MMF launchpad, and will last for 4 hours
  • Commit MMF / MMO LP tokens to receive $DSF tokens
  • Presale price: 1 MMF / $DSF
  • Listing price: same as presale
  • Amount to Raise: 2,000,000 MMF in MMF/MMO LP
  • Presale uses Overflow method — users can commit any amount, and if presale is oversubscribed, their final allocation is proportional to their share of the total contributions and any excess MMF / MMO LP tokens are refunded
  • Vesting: 100% of presale tokens unlocked at token launch
  • Presale fund allocation:
    • 100% of MMO — will be staked on behalf of the DAO fund to earn more MMF
    • 100% of MMF — Initial $DSF / MMF liquidity
  • The token contracts are not verified (at the time of review)

• Launch Details
  • Token will launch on MM Finance DEX
  • Liquidity will be added immediately after presale ends
  • Post launch, users will be able to;
    • Participate in Genesis Pools to earn $DSF ($200,000 USD) — will include MSHARE and MTT pools
    • Stake DSF/MMF, SOLAR/MMF, DSF/SOLAR, or MSHARE/MTT LP tokens in the farms to earn $SOLAR
    • Stake $SOLAR in the boardroom to earn $DSF
  • ❌ No information on if there will be any fees on genesis pools or LP farms

• Tokens & Mechanics
  • $DSF is the peg token; pegged 1:1 to MMF
    • Initial supply:
      • 2,000,000 for the presale
      • 1,000,000 for initial liquidity
      • 500,000 for genesis rewards
  • $SOLAR is the shares token, with a max supply of 80,000
    • 25% to the DAO fund
    • 75% for farming rewards
  • $MOON is the bond token
  • During expansion, newly minted $DSF rewards in the boardroom will be distributed as follows;
    • 75% — Reward for $SOLAR boardroom stakers
    • 25% — DAO fund
  • Epoch duration: 12 hours
  • Staked $SOLAR in the boardroom is locked for 8 epochs and $DSF rewards locked for 4 epochs
  • 3% boardroom stake fee
  • 3% boardroom unstake fee during contraction period; used to buy back DSF
  • Epoch Expansion: If there are bonds to be redeemed, 65% of minted $DSF goes to treasury until it is sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate
  • Expansion rate base on $DSF supply — first 14 epoch will be at 2.5%
  • $DSF emissions will be reduced by 10% if there’s any increment of supply by 25% after 3,000,000 $DSF

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