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Home All Events - Ape O'Clock Lendle Borrowing & $LEND Pre-Mining Launch

Date

Jul 29 2023
Expired!

TimeUTC

1:10 pm

Your Time

  • Timezone: America/New_York
  • Date: Jul 29 2023
  • Time: 9:10 am

Status

Active

Lendle Borrowing & $LEND Pre-Mining Launch

New launch on Mantle.

Decentralized lending and borrowing market; this is Phase 2 of their launch where borrowing and pre-mining of the $LEND token will be enabled.

DETAILS
  • The launch of the Lendle protocol is taking place in phases, this is Phase 2
    • Phase 1: users can supply crypto for lending
    • Phase 2: Borrowing and $LEND pre-mining
    • Phase 3: $LEND presale
    • Phase 4: Full official launch
  • Tokenomics:
    • Max supply: 100,000,000 $LEND
      • 50% – liquidity incentives
      • 17% – reserve treasury
      • 20% – team
      • 7% – partnerships and community
      • 5% – liquidity bootstrapping pool
      • 1% – NFT seed sale
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