Local Traders’ Liquidity Launch

October 22 update – launch moved to October 22, instead of October 23.

New token launch for a P2P trading platform on BSC.

DETAILS

• Launch details
  • Token will launch on Pancakeswap
  • Token pair: LCT/WBNB
  • Presale and listing prices will be determined at the end of the presale
    • Presale will be held on Pinksale and will last for 3 days (soft cap: 40 BNB)
  • Initial marketcap will be determined at the end of the presale
  • 51% of the presale funds will be added to liquidity
    • ❌ No information on how the remaining presale funds are allocated
  • No vesting – 100% of presale tokens unlocked at launch
• Tokenomics
  • LCT is the governance token
  • Total supply: 300,000,000 LCT
    • 35% – Presale
    • 17.493% – Liquidity (will be locked on Pinksale 3650 days after pool ends), 10% – Liquidity according to the whitepaper
    • 12% – CEX (100% unlocks on 2023/01/17 – lock info)
    • 10% – Development of exchange (5% unlocks on 2023/01/17, then 5% monthly – lock info)
    • 10% – Bug bounty, ecosystem & staking (20% unlocks on 2022/12/18, then 20% every 150 days – lock info)
    • 6.807% – Marketing (100% unlocks on 2022/11/19 – lock info)
    • 5% – Team (4% unlocks on 2023/01/17, then 4% monthly – lock info)
    • 3% – Advisors (4% unlocks on 2023/05/17, then 4% monthly – lock info)
    • 0.7% – Unlocked
    • 5% – Private sale, according to the whitepaper, although this allocation is not reflected on the Pinksale page and brings the total allocation of tokens over 100%
• 0% buy & sell tax
• Local Traders’ features
  • P2P video call scam prevention
  • Tax calculation tools for users
  • Live sessions & blogs for beginners
  • Blockchain & P2P lessons from the team