Limpid Protocol Liquidity & Protocol Launch
July 17 update – 75% of the token supply is held in a dev wallet, and an additional 24.9% is in a proxy contract.
New nodes-type protocol combining gameFi + DaaS with yield-generating NFTs, on BSC.
DETAILS
- Launch Details
- Launch price: 250 BUSD / $LMP
- Presale was for the purchase of PILLS NFTs
- No information on how much the initial liquidity will be
- Presale funds allocation:
- 50% – Liquidity Pool
- 25% – Liquidity Manager
- 12.5% – Treasury
- 12.5% – Team Management
- 10% Sell tax
- Mechanics
- The ecosystem consists of yield-generating, non-tradable NFTs (“PILLS”)
- PILLS generate daily token (“$LMP”) rewards, and are purchased with $LMP
- PILLS has a 90 days lifespan, after which they stop generating rewards
- PILLS daily rewards and life span can be boosted by purchasing (using $LMP), “Boosters” and “Repair” bundles, respectively
- There are 3 types of PILLS NFTs:
- Blue Pill (Rare)
- Cost: 0.8 $LMP
- Daily rewards: 0.024 $LMP
- Daily ROI: 3%
- Green Pill (Epic)
- Cost: 2.5 $LMP
- Daily rewards: 0.0875 $LMP
- Daily ROI: 3.5%
- Red Pill (Legendary)
- Cost: 6 $LMP
- Daily rewards: 0.24 $LMP
- Daily ROI: 4%
- Blue Pill (Rare)
- No claim tax on rewards
- No maintenance fee on PILLS
- 10% sell tax on $LMP swaps – allocated to Liquidity Manager
- Liquidity will be added on the in-house Limpid DEX
- Liquidity Manger system will be used to stabilise the token price within $250 and $275 range, through buybacks and sells
- Limpid maintains 4 vaults, funded by fees from trading and creating PILLS
- 60% – Rewards Pool
- 20% – Liquidity Manager
- 10% – Treasury Wallet
- 10% – Limpid Team
- Tokenomics
- $LMP (“Limpid”) is the native utility token
- 10% Sell tax
- ❌ No information available on the token supply and token distributions
- Roadmap includes launch of bonding features, secure Limpid DEX partnerships, launch of new GameFi features and Limpid studio
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