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Home All Events - Ape O'Clock MMF Arbitrum Presale

Date

Apr 01 2023
Expired!

TimeUTC

12:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Apr 01 2023
  • Time: 8:00 am

Status

Active

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
Links & Resources
Related Launches

Blockchain

Arbitrum