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)