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Home All Events - Ape O'Clock Factor Liquidity Launch

Date

Feb 25 2023
Expired!

TimeUTC

6:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Feb 25 2023
  • Time: 1:00 pm

Status

Active

Factor Liquidity Launch

Token launch for a road-mapped asset management protocol on Arbitrum.

DETAILS
  • Launch Details
    • Token will be listed on Camelot
    • Token pair: FCTR/USDC
    • Listing price: $0.757
    • Presale price: same as listing price
      • 7,578,365 USDC raised in presale held on Camelot
      • Vesting: 100% at launch
    • Initial circulating market cap: $13,631,459
    • Initial liquidity: unknown
    • Taxes: 0%
  • Mechanics & Features
    • Users can create investment strategies and vaults (e.g. tokenized baskets, yield pools, derivatives, etc.) and earn fees
    • Investors can deposit in the vaults and receive yield
    • $FCTR is the utility token
    • $FCTR holders can lock $FCTR and receive $veFCTR (vote-escrowed $FCTR)
    • $veFCTR holders receive governance rights and a share of 50% of platform revenue
    • $veFCTR is non-liquid and non-transferable, the amount gradually decays until the locking period expires and then $FCTR can be claimed
  • Tokenomics
    • Token symbol: FCTR
    • Total supply: 100,000,000
      • 10% — Presale (no vesting)
      • 50% — Treasury
      • 20.8% — Ecosystem incentives
      • 10% — Team
      • 4.2% — Community bootstrapping (12 months linearly vesting – price: $0.05)
      • ❌ No information available on the token vesting
    • No taxes
Links & Resources
Related Launches

Blockchain

Arbitrum