MMF Arbitrum Presale
Token presale for MMF DeFi ecosystem expansion to Arbitrum, previously launched on Cronos and Polygon.
DETAILS
- Presale Details
- Presale will be held on MMF Arbitrum launchpad, and will last for 2 days
- Purchase token: USDC
- Presale method: Overflow – if oversubscribed, final allocation is proportional to your share of the total contributions and any excess is refunded
- Presale price: $0.2
- Listing price: $0.2
- Vesting: 100% at launch
- There will be 2 separate pools for whitelist and public sale
- Presale allocation: 5,000,000 (50% for whitelist, 50% for public sale)
- Hard cap: $1,000,000 ($500,000 for whitelist, 500,000 for public)
- No minimum or maximum contribution
- Initial circulating market cap: $2,500,000
- Initial liquidity: 80% of presale funds
- Taxes: 0%
- Token listing date: April 3, 12pm UTC
- Mechanics & Utility
- $MMF token is governance token with vote-escrowed mechanics
- $MMF can be staked to earn liquidity mining/revenue share rewards
- Liquidity providers earn MMF and xMMF tokens
- xMMF can be converted to MMF by vesting over a period between 3–14 days — shorter vesting durations will result in lesser MMF being converted, with the remainder being burnt
- xMMF can be staked to earn liquidity-mining/revenue-share rewards
- xMMF can also be locked to receive veMMF (vote-escrowed MMF) and earn liquidity mining rewards, and the ability to vote on liquidity pool gauges
- At inception, the xMMF tokens will allow you to earn liquidity mining rewards of MMF + xMMF tokens until the revenue pipeline is fully setup, after which, it will transition towards a revenue staking model
- Tokenomics
- Token symbol: MMF
- Total supply: 1,000,000,000 (50% will be burnt is ‘sustainability’ is achieved early)
- Initial supply: 12,500,000
- 40% — Presale
- 32% — Liquidity
- 4% — Marketing
- 24% — locked into xMMF, and subsequently locked as veMMF tokens for voting rights
- Initial supply: 12,500,000