Lexer Markets Presale

Token presale for a perpetual trading DEX on Arbitrum.

DETAILS

• Presale Details
  • Presale will be held on Camelot, and will last for 2 days or until sold out
    • Whitelist have priority access 1 day prior (April 14) to the public sale
  • Purchase token: ETH
  • Presale price: $0.02
  • Listing price: $0.02
  • Vesting: 50% in $LEX, 50% in $esLEX (esLEX is locked and can vested to $LEX over 12 months)
  • Soft cap: 500,000
  • Hard cap: 500 ETH
  • No maximum contribution
  • Initial diluted market cap: $20,000,000
  • Initial liquidity: 50% of presale funds
  • Taxes: 0%
  • Token listing date: 24 hours after presale ends (April 18)
  • Beta dApp

• Mechanics & Features
  • Trade crypto forex, NFT and Indices markets with up to 100x leverage
  • Utilizes 2 types of liquidity engines;
    • Multi-asset liquidity pool powers BTC and ETH perps
    • Synthetic liquidity pool powers Forex (FX) perps
  • All positions in LEXER are NFT-based – Once a position in is opened, an NFT will be minted containing all the metadata of the trade, such as the size, and the trading
  • LEXER supports cross-margin, as well as compounding
  • Fee structure;
    • Swap fees: 0.16%-0.8% (multi-asset pools); 0% (synthetic pools)
    • Open and Close Position Fee: 0.06% of position size (multi-asset pools), 0.12% of position size (synthetic pools)
    • Execution Fee: fixed at 0.001 ETH
    • Liquidation Fee: 0.1% of position size
  • Liquidity providers earn 70% of the trading fees and traders PnL
  • $LEX is the governance and utility token
  • $Staked LEX receive 30% of protocol fees, in ETH

• Tokenomics
  • Token symbol: LEX
  • Token supply: 1,000,000,000
    • 5% — Presale (50% in $LEX, 50% in $esLEX tokens which can be vested linearly over 12 months)
    • 12% — Private Investor (10% initially unlocked, then 24 months linear vesting)
    • 2% — Early Contributor
    • 40% — Es staking rewards (10% max emissions yearly)
    • 18% — Team (24 months linear vesting)
    • 10% — Community Incentives (10% max emissions yearly)
    • 10% — Treasury (reserved for emergency use)
    • 3% — Protocol Owned Liquidity (paired with 50% of funds raised in the public sale as DEX liquidity)