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Home All Events Dictum Exchange Liquidity & Protocol Launch

Date

Dec 30 2022
Expired!

TimeUTC

9:00 am

Your Time

  • Timezone: America/New_York
  • Date: Dec 30 2022
  • Time: 4:00 am

Status

Rugged

Dictum Exchange Liquidity & Protocol Launch

December 30 update – site and socials are gone, users report it rugged.

Token and protocol launch for a DEX with vote-escrowed -ve(3,3) mechanics on Arbitrum.

The exact time for the launch has not announced, only that it is on December 30.

❌ No contracts available at time of review.

DETAILS
  • Launch Details
    • Token will be listed on Dictum DEX
    • Token pair: DIC/USDC
    • Listing price: $0.04
    • Fair launch; no presale / private sale / VC
    • Initial market cap: unknown
    • Initial liquidity: $40,000
    • Tax: 0%
    • LP yield farming and emissions is scheduled to begin at launch
    • Yield Farmer Competition with 500,000 $DIC in prizes will begin at launch, and will last until January 5, 2023
  • Mechanics & Features
    • Dictum Exchange is a DEX that combines vote-escrow (Curve) + (3,3) game theory (Olympus DAO)
    • Liquidity providers receive $DIC emissions, which can be locked to get $veDIC – $veDIC is Dictum’s primary governance and rewards token
    • $veDIC holders receive protocol fees, bribes, rebases, and governance power
    • $veDIC holders can vote weekly to decide which LPs receive $DIC emissions the next week – weekly emissions start at 2,000,000 $DIC (4% of the initial supply) and decay at 3% per week (epoch)
    • Votes gets locked (as veNFT) for a 1 week period
    • $veDIC holders receive trading fees and bribes for the LPs they vote for – the pools with higher votes receive more $DIC emissions
    • $DIC emissions will be distributed as follows;
      • 75% to Liquidity Providers
      • 20% to $veDIC lockers
      • 5% to team
    • $veDIC holders that also provide liquidity are eligible for boosted DIC emissions – up to 2.5x boost
  • Tokenomics
    • Token symbol: VIC
    • Initial supply: 50,000,000
      • 77% — Community
      • 15% — Protocols and DAOs
      • 1% — Protocol-owned Liquidity
      • 1% — Yield Farmer Competition Winners
      • 1% — Shillers Competition winners
      • 5% — Ecosystem & Treasury
Links & Resources
Related Launches

Blockchain

Arbitrum

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