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Home All Events - Ape O'Clock Solunea DEX Arbitrum Liquidity Launch

Date

May 15 2023
Expired!

TimeUTC

3:00 pm

Your Time

  • Timezone: America/New_York
  • Date: May 15 2023
  • Time: 11:00 am

Status

Active

Solunea DEX Arbitrum Liquidity Launch

Token launch for a ve(3,3) DEX on Arbitrum, that previously launched on zkSync Era.

No contract available at time of review.

DETAILS
  • Launch Details
    • Token will be listed on Solunea DEX
    • Token pair: SLNA/ETH
    • Listing rate: 1 SLNA = 0.000008ETH (~$0.015)
    • Public presale rate: 1 SLNA = 0.000008ETH (~$0.015)
    • Whitelist presale rate: 1 SLNA = 0.0000072 ETH(~$0.013)
    • Presale vesting: 30% at launch, 70% unlocks linearly over one month
    • Initial circulating market cap: $67,000
    • Initial total liquidity: $290,000
      • 70% of presale (80 ETH) + 7,000,000 SLNA
    • zkSync SLNA holders can claim Arbitrum SLNA at a 1:1 rate; locked as veSLN for 2-years
    • Taxes: 0%
    • SLNA emissions will begin on May 18
  • Mechanics & Features
    • DEX that combines the concepts of vote-escrow (Solidly) + (3,3) Olympus DAO
    • 0.02% swap fee on stable pools; 0.4% on volatile pools
    • Dual token system;
      • $SLNA is the utility token
      • $veSLNA is the governance vote-escrowed token
    • Liquidity providers receive $SLNA emission rewards
    • $SLNA can be locked for up to 4 years to receive $veSLNA
    • $veSLNA holders can vote weekly to decide which LP gauges or pools receive $SLNA  emissions the next week
    • $veSLNA  holders receive bribes, rebases, governance power, and a share of swap fees
    • Weekly $SLNA emissions begin at 2,000,000 $SLNA and decays by 3% weekly
  • Tokenomics
    • Token symbol: SLNA 
    • Initial supply: 100,000,000
      • 10% — Public sale (30% TGE, then 1 month linear vesting)
      • 7% — Liquidity
      • 18% — Ecosystem fund
      • 5% — zkSync depositors (30% TGE, then 1 month linear vesting)
      • 15% — Team (50% as veSLNA locked for 4 years, 50% as $SLNA vested for 2 years)
      • 25% — Airdrop to protocols (gradually released after launch)
      • 20% — Airdrop to users (as veSLNA, locked for max 2-years)
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