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

Home All Events Hexagon Finance Liquidity & Mainnet Launch

Date

May 16 2022
Expired!

TimePacific Time

7:00 am

Your Time

  • Timezone: America/New_York
  • Date: May 16 2022
  • Time: 10:00 am

Status

ActiveDelayed

Hexagon Finance Liquidity & Mainnet Launch

May 16 update – they didn’t launch due to “market events,” and no new date & time were announced.

May 16 – no updates. Not sure if this is still on schedule for May 16.

New AMM (Balancer fork) launch on Avalanche backed by Terra & Balancer.

This time is a placeholder, they have not announced what time on May 16 they will go live.

DETAILS
  • LBE was held on Copper Platform and lasted for 3 days
  • 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
  • LBE 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 (we assume this has changed, but no official announcement has been made by the team)
  • 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
Related Posts

Blockchain

AVAX

Next Event

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