Hexagon Finance LBP Sale
New AMM (Balancer fork) launch on Avalanche backed by Terra & Balancer.
DETAILS
- Will be held on Copper Platform and will last for 3 days
- It will apply the LBP (Liquidity Bootstrapping Pools) model for the FLAKE token launch
- Max supply: 100,000,000 FLAKE
- 5,000,000 FLAKE for the Copper Launch
- 65,000,000 FLAKE to mining emissions
- 12,000,000 FLAKE to treasury
- 12,000,000 for partnerships
- 6,000,000 to the team
- Starting price will be 0.8 USDC / FLAKE, going as low as 0.2 USDC / FLAKE
- No min contribution per wallet
- The initial pools will center on the UST stablecoin
- VeFLAKE is the staking option that rewards long-term FLAKE stakers
- Distribution of protocol fees
- Participation in the protocol governance
- Boosted rewards in the FLAKE mining pools
- There will be a transfer fee, no info on how much
- Roadmap includes lending platform development