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Home All Events Poison Finance Liquidity & Protocol Launch

Date

Jan 01 2023
Expired!

TimeUTC

7:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Jan 01 2023
  • Time: 2:00 pm

Status

Active

Poison Finance Liquidity & Protocol Launch

Token and protocol launch on Arbitrum, for a multi-chain synthetic assets protocol.

DETAILS
  • Launch Details
    • Token will be listed on Uniswap
    • Token pair: unknown
    • Listing price: $0.04
    • Presale price: $0.03
    • Private price: $0.02
    • Vesting: Presale and private sale tokens will be 100% unlocked at TGE
    • Initial circulating market cap (estimate): $90,000
    • Initial liquidity: unknown
    • Tax: 0%
  • Mechanics & Features
    • Poison Finance allows users to trade synthetic assets such as; stocks, commodities, ETFs
    • Synthetic assets track the price of the underlying assets
    • Poison synthetic assets (pTokens) are collateralized by stablecoins like BUSD, USDt, USDc, DAI, MIM, tUSD, FRAX, or ibTokens like cDAI, cUSDC, cUSDT, aDAI
    • Users deposit the stablecoins to mint pTokens such as pGold, pSLVR, pAMZN, pTSLA, etc.
    • Users can trade/exchange back the pTokens for the collateral – the pTokens is burnt
    • $POI$ON is the governance and rewards token
    • Users can provide liquidity to earn $POISON rewards
    • $POISON stakers will receive a share of protocol fees as USDC token rewards every block
    • Multi-chain support on Arbitrum initially, then expands to Ethereum and BSC
  • Tokenomics
    • Token symbol: POI$ON
    • Total supply: 12,610,000
      • 4% — Strategic sale
      • 8% — Public sale
      • 6% — Liquidity
      • 82% — Potion and POI$ON LP Staking (vested over 4 years)
Links & Resources
Related Launches

Blockchain

Arbitrum

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