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Home All Events - Ape O'Clock Elements Finance Liquidity Launch

Date

Feb 07 2023
Expired!

TimeUTC

8:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Feb 07 2023
  • Time: 3:00 pm

Status

Active

Elements Finance Liquidity Launch

February 6 update – the contract had an error and users were unable to sell their tokens. The team says they have refunded users, and a stealth relaunch is planned for February 7 between 8pm – 10pm UTC.

Fair token launch for a node-as-a-service protocol on Arbitrum.

Stealth launch between 4pm – 7pm UTC.

No contract available at time of review.

DETAILS
  • Launch Details
    • Token will be listed on Sushiswap
    • Token pair: ELMT/ETH
    • Listing price: $0.05
    • Fair launch; no prior token sale
    • Maximum buy per wallet: 2% of total supply
    • Initial total market cap: $20,000
    • Initial liquidity (estimate): $6,000
      • to be locked on DXsale for 30 days
    • Taxes: 8% buy | 8% sell (decreases by 1% per day to 3% tax, 5 days after the launch)
  • Tokenomics
    • Token symbol: ELMT
    • Total supply: 400,000
      • 75% — Rewards
      • 15% — Liquidity (30 days lock)
      • 8% — Team (6 months linear vesting)
      • 2% — Partnerships
    • 8% buy and sell tax
      • ❌ No information on the tax distribution
    • No wallet transfer tax
  • Mechanics & Utilities
    • Purchase nodes with $ELMT and earn daily rewards in $ELMT
    • There will be 4 node tiers at launch;
      • Earth: cost 30 $ELMT, generates 0.6 $ELMT daily
      • Wind: cost 90 $ELMT, generates 2.15 $ELMT daily
      • Water: cost 250 $ELMT, generates 6.75 $ELMT daily
      • Fire: cost 700 $ELMT, generates 21.5 $ELMT daily
    • Variable rewards claim tax;
      • Earth: 10% tax
      • Wind: 12% tax
      • Water: 15% tax
      • Fire: 17% tax
    • Claim tax reduces by 2% per day if you do not claim rewards
    • Nodes will have a wear system that will lower the daily yield of a node for every claim;
      • 15% wear (for earth, water, wind nodes)
      • 20% wear (for fire node)
    • Purchase a Repair node with $ELMNT to repair your node by 20%
Links & Resources
Related Launches

Blockchain

Arbitrum

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