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Home All Events - Ape O'Clock FTDEX Liquidity Launch

Date

Feb 27 2023
Expired!

TimeUTC

8:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Feb 27 2023
  • Time: 3:00 pm

Status

Active

FTDEX Liquidity Launch

DETAILS

Token launch for a spot and perpetual exchange protocol on Arbitrum.

  • Launch Details
    • Token will be listed on Sushiswap
    • Token pair: FTD/ETH
    • Listing rate: 501,383.623 FTD/ETH (~$0.0033)
    • Presale rate: same as listing rate
      • 219.39 ETH raised in presale held on PinkSale (20 ETH)
      • Vesting: 100% at launch
    • No private sale
    • Initial circulating market cap (estimate): $580,000
    • Initial total liquidity (estimate): $430,000
      • 60% of presale funds (~131 ETH)
      • 180 days lock on PinkSale
    • Taxes: 1% buy | 1% sell
    • Testnet dApp is live
  • Mechanics & Features
    • FTDex is a spot and perpetual trading platform where users can trade (long/short) crypto assets
    • Supports multiple order types – market, limit, stop
    • Leverage trade up to 30x
    • $FTD consists of an index of assets used for swaps and leverage trading
    • $FTD can be minted using any index asset and burnt to redeem any index asset
    • Stake $FTD to earn triple rewards – Multiplier Points, escrowed $FTD and MATIC rewards
    • 30% of swap and leverage trading fees are converted to MATIC and distributed to $FTD stakers
    • Earn via lottery & prediction features
    • Tiered referral program with referer and referee rewards
  • Tokenomics
    • Token symbol: FTD
    • Total supply: 1,000,000,000
      • 11% — Presale (no vesting)
      • 6.27% — Liquidity (6 months lock)
      • 67.23% — Staking reward (3% unlocks March 26 2023, then 3% monthly – lock)
      • 5% — Team (2% unlocks March 5 2023, then 3% monthly – lock)
      • 5% — Treasury (100% unlocks Feb 26 2025 – lock)
      • 4% — CEX listing (20% unlocks March 26 2023, then 20% monthly – lock)
      • 1.5% — Airdrop (100% unlocks Feb 27 2023 – lock)
    • 1% buy and sell tax (to marketing)
    • No wallet transfer tax

Blockchain

Arbitrum