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Date

Sep 01 2022
Expired!

TimePacific Time

8:00 am

Your Time

  • Timezone: America/New_York
  • Date: Sep 01 2022
  • Time: 11:00 am

Status

Active

InsuranceFi Liquidity Launch

Token launch for a staking and insurance protocol launching on BSC.

DETAILS
  • Launch Details
    • Token will launch on Pancakeswap – $IF / WBNB pair
    • Fair launch presale held on PinkSale
    • Presale and listing rates determined at the end of the presale
    • No private sale
    • Initial market cap determined at the end of the presale
    • 60% of presale funds will be added to liquidity (730 days lock on PinkSale)
      • ❌ No information on how the remaining presale funds are allocated
    • No vesting: 100% of presale tokens unlocked at token launch
    • Taxes: 5% buy / 5% sell (see tokenomics for tax allocation)
    • dApp is live and available immediately at launch
  • Mechanics
    • Stake $IF tokens in staking pools to receive BUSD rewards
    • Lockup period ranges from 15 days (50% APR) up to 360 days (1200% APR)
    • 10% penalty fee for early withdrawal from staking pool
    • Purchase insurance packages for investment protection from market price movements
    • Insurance fund is funded by tax on trades, Insurance contract fee, early unstake fee, $IF initial token allocation, and insurance liquidations
    • Roadmap includes launch of a Proof-of-Stake blockchain; Infinity-Chain
  • Tokenomics
    • $IF is the utility token
    • Total supply: 100,000
      • 35% — Presale
      • 20.58% — Liquidity (locked on PinkSale for 730 days)
      • 20% — Insurance (10% unlocks Oct 5, then 10% every 36 days – lock info)
      • 8.7% — Ecosystem (10% unlocks Oct 15, then 10% every 73 days – lock info)
      • 8% — CEX Listing (10% unlocks Oct 15, then 10% every 36 days – lock info)
      • 5% — Team (6 months cliff, then 10% every 73 days – lock info)
      • 2.017% — InsuranceFi Lock (100% unlocks Sept 2 – lock info)
      • 0.7% — Unlocked, but held by SAFU Dev
    • 5% Buy and Sell tax
      • 1% — Insurance Fund
      • 1% — Marketing & Development
      • 2% — BUSD Vault (reflection to stakers)
    • No transfer tax between wallets

Whitepaper

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