Palmswap Liquidity Launch
Token launch on BSC, for a decentralized perpetuals trading platform.
❌ No contract available at time of review.
DETAILS
- Launch Details
- Token will launch on PancakeSwap
- Token pair: PALM/WBNB
- Listing price (estimate): $0.05
- Presale price (estimate): $0.01875
- 6,601 BNB raised in fair launch presale held on Palmswap launchpad
- Vesting: 25% at token launch, 1 month cliff, then daily release over 3 months
- Private sale price: $0.04
- 4,500 BNB raised in private sale
- Vesting: 46 days cliff, then daily vesting over 15 months
- Initial circulating market cap: unknown
- Initial liquidity (estimate): $1,000,000
- Approximately $500.000 in BNB paired with exactly 10,000,000 PALM tokens
- Taxes: 0% buy | 0% sell
- Team says staking and farms will be available at launch
- Trading platform testnet is live and available here
- Mechanics & Features
- Users trade with up to 10x leverage on long and short positions
- Initially, 2 markets will be available – ETH and BTC
- Order types available – market, limit, take profit order, stop market order
- The top 100 traders are ranked on the leaderboard and awarded PALM tokens based on their profits gained
- Tier-based trading fees; ranging from 0.1% – 0.025%, depending on the total 30-day trading volume
- PALM stakers receive a trading fee discount based on the size of their current Staking Balance
- 50% of trading fees is sent to the treasury and will be used to buyback and burn PALM. 25% will be used for insurance funds and the remaining 25% for protocol operations
- Other features/products in the Palmswap ecosystem includes;
- Liquidity farms – stake Liquidity Pool (LP) tokens to earn PALM tokens. 1.5 PALM is generated per block and allocated to the liquidity farmers
- Staking pools. stake in tokens to earn PALM tokens. Stakers receive benefits such as; trading fees discount, governance voting, launchpad participation, increased affiliate commissions
- Launchpad
- Referral program – refer and receive 20% of referred users trading fees. Referred users receives 10% discount on their trading fees
- Tokenomics
- Token symbol: $PALM
- Total supply: 100,000,000
- 10% — Community Fair Launch (25% at TGE, 1 month cliff, then daily vesting over 3 months)
- 2.06% — Seed round (61 days cliff, then daily vesting over 18 months – price: $0.02)
- 2.29% — Private round (46 days cliff, then daily vesting over 15 months – price: $0.02)
- 17% — Team & advisors (6 months cliff, then daily vesting over 30 months)
- 52.5% — Ecosystem & rewards
- 4.97% — Marketing (1 month cliff, then daily vesting over 12 months)
- 3.75% — Market Maker & Liquidity (1 month cliff, 46.5% at cliff TGE, then daily vesting over 3 months)
- 0.45% — Early User Airdrops (100% at TGE)
- 3% — Insurance funds (strategic release)
- 3.94% — Reserves (strategic release)
Blockchain
