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