Put your banner here. Paid promotion. Always do your own research and use risk management.

Home All Events - Ape O'Clock Factor Auction Presale


Feb 20 2023


6:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Feb 20 2023
  • Time: 1:00 pm



Factor Auction Presale

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

  • Presale Details
    • Presale will be held on Camelot DEX launchpad, and will last for 4 days or until sold out
    • Purchase currency: USDC
    • Presale will use an auction mechanism; price starts at $0.1 and the final price is determined based on demand
    • At the end of the sale, everyone will receive the same final price
    • Initial presale price: $0.1
    • Listing price: final price of auction
    • Vesting: 100% at launch
    • No soft cap
    • Presale token allocation: 10,000,000 $FCTR
    • No minimum or maximum buy
    • Initial circulating market cap: TBD
    • Taxes: 0%
    • Token listing date: to be announced
  • Mechanics & Features
    • Factor is an asset management platform aggregating multiple DeFi assets, and providing users the tools to create and manage financial instruments
    • 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