Pixel DAO Liquidity Launch

OHM fork on Harmony; they plan to direct their treasury to stablecoins like FRAX and P2E / metaverse tokens, such as xJEWEL. Gnosis multisig 4/7 wallet.

DETAILS

• Initial supply: 190,000 PXL
  • 12.9% to advisors / core team private round at 12.02 FRAX / PXL, vested until $1B marketcap
  • 87.1% to whitelist sale at 19 FRAX / PXL, no vesting
  • Initial market cap $3,439,000
• The chat says that this “price discovery” sale on SushiSwap will involve the team adding liquidity at different price points and with different pairs over time, until price stabilizes, at which point the whitelist sale participants will be able to claim their tokens and trade on the open market
• The team said they would have a Medium out with all the launch details, but that never came out, so the info above re: the price discovery period is NOT from the team, it’s what’s being passed around Discord chat

The date for the protocol launch has not been announced yet.