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Home All Events - Ape O'Clock Snark Launchpad Demo Launch

Date

Apr 01 2023
Expired!

TimeUTC

12:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Apr 01 2023
  • Time: 8:00 am

Status

Active

Snark Launchpad Demo Launch

Website and dashboard launch for a new launchpad on ZkSync.

DETAILS
  • Launch Details
    • Tiered staking launchpad for ZkSync projects
    • Snark Launch will only onboard projects holding $SNRK tokens
    • $SNRK is the native token (not launched yet)
    • Token utility: governance, staking to access rewards, IDO allocations, higher affiliate earnings, airdrops
    • A portion of platform’s revenue will be used to buy back and distribute to stakers
    • Staked $SNRK is locked for 1 week time; 20% penalty if unstaked before lock expires
  • Tokenomics
    • Token symbol: SNARK
    • Total supply: 50,000,000
      • 5% — Seed sale (25% TGE, then 15% monthly – price: $0.05)
      • 20% — Private sale (25% TGE, then 20% monthly – price: $0.1)
      • 5% — Public sale (50% TGE, then 50% next month – price: $0.13)
      • 20% — Rewards (1 month cliff, then 25% monthly vesting)
      • 20% — Insurance reserves (1 year cliff)
      • 10% — Marketing & Development (6 months cliff, then 20% monthly vesting)
      • 5% — Team (6 months cliff, then 10% monthly vesting)
      • 5% — Advisors (6 months cliff, then 10% monthly vesting)
      • 1% — Liquidity (100% TGE)

Blockchain

zkSync