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Home All Events - Ape O'Clock Sector Finance Presale

Date

Mar 30 2023
Expired!

TimeUTC

5:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Mar 30 2023
  • Time: 1:00 pm

Status

Active

Sector Finance Presale

Token presale for an automated yield farming portfolio and strategy protocol on Arbitrum.

DETAILS
  • Presale Details
    • Presale will be held on Camelot, and will last for 1 day
      • whitelist sale takes place 1 day prior to the public sale
    • Fair launch model – price determined by amount raised divided by total presale allocation
    • Presale/listing price: final closing price
    • Vesting: ⅓ in veSECT staked for 3 months; remaining in unvested SECT
    • Soft cap: $1,500,000
    • Hard cap: $4,000,000
    • Presale token allocation: 10,000,000 $SECT 
    • No minimum or maximum buy
    • Initial circulating market cap: TBD
    • Taxes: 0%
  • Mechanics & Features
    • Deposit in risk-tiered strategy aggregated vaults and earn yield in USDC or ETH
    • Current available deposit tokens – USDC and ETH
    • Products include;
      • Galileo Engine: risk analytics platform
      • Single strategy vaults: delta-neutral strategies
      • Aggregator vaults: bundled versions of the single strategy vaults categorized by risk levels
    • Withdrawal requests are processed during each harvest; harvest occur approximately once per day
    • 10% performance fee on vaults
    • $SECT holders can lock $SECT and receive veSECT (vote-escrowed $SECT)
    • veSECT holders receive governance rights, share of protocol fees and emissions
    • $veSECT is non-liquid and non-transferable, the amount gradually decays until the locking period expires and then $SECT can be claimed
  • Tokenomics
    • Token symbol: SECT
    • Total supply: 100,000,000
      • 10% — Presale
      • 20% — Treasury (vested over 5 years)
      • 45% — Ecosystem (vested over 5 years)
      • 17.5% — Team & advisors (10% unlocks after 6 months cliff, then vested over 24 months; advisor allocation (1%) unlocks after 3 months cliff
      • 7.5% — New Order Incubator (10% unlocks after 6 months cliff, then vested over 24 months)
    • No taxes
Links & Resources
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Blockchain

Arbitrum

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