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