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Home All Events Loaded Nodes dApp Launch

Date

Oct 16 2022
Expired!

TimePacific Time

10:00 am

Your Time

  • Timezone: America/New_York
  • Date: Oct 16 2022
  • Time: 1:00 pm

Status

Active

Loaded Nodes dApp Launch

October 15 update – delayed to October 16.

DaaS/NaaS protocol on Cronos.

❌ No contract available at the time of review.

DETAILS
  • Presale Details
    • Presale was held on the Loaded Nodes dApp
    • Presale was for Nodes only — 3 node tiers
      • Tier 1: $75 in $CRO
      • Tier 1: $110 in $CRO
      • Tier 1: $150 in $CRO
  • Mechanics & Features
    • $LDN is used to create nodes, which generate daily rewards in $LDN
    • 3 node tiers will be available;
      • Tier 1: cost 40 LDN, generates 0.4 LDN daily
      • Tier 2: cost 60 LDN, generates 0.63 LDN daily
      • Tier 1: cost 90 LDN, generates 1 LDN daily
    • There will be special partner nodes available from partnerships, these will have the option to be purchased with the partner’s native token and provide other additional benefits, e.g. extra rewards
    • Maximum cap of 10,000 nodes across all tiers/special nodes
    • All nodes have a 300 days decay time span; after which they stop generating rewards
    • Nodes will be non-transferable and non tradeable
    • LDN used to create a node will be redistributed as follows;
      • 62% to rewards pool
      • 19% to liquidity
      • 15% to treasury
      • 4% to team
    • Variable claim fee on node rewards, dependent on the node tier;
      • Tier 1: 20% claim fee
      • Tier 2: 17% claim fee
      • Tier 2: 15% claim fee
    • Claim fees will be redistributed as follows;
      • 62% to rewards pool
      • 20% to liquidity
      • 12% to treasury
      • 5% to team
    • Users will be able to purchase NFTs which will provide benefits such as; boosted rewards, reduced claim time, and claim fee; maximum of 3 x NFTs per node tier
    • Liquidity Management System (Horde’s LMS) will be used to stabilize $LDN token price within a pre-defined range; initially between $2 – $2.7
    • Treasury may be used for token buybacks to also help maintain token price
    • The protocol intends to generate revenue from treasury investments in projects, validator nodes, real estate, trading
  • Tokenomics
    • Token symbol: $LDN
    • Total supply: 1,000,000
      • 60% — Rewards
      • 19% — Treasury
      • 14.5% — Liquidity (to be locked for 1 year)
      • 4% — Team (no lock)
      • 2.5% — Partnerships
    • 1.7% buy and sell tax (to liquidity)
Links & Resources
Related Launches

Blockchain

Cronos

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