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Home All Events - Ape O'Clock Solunea DEX Arbitrum Presale

Date

May 14 2023
Expired!

TimeUTC

3:00 pm

Your Time

  • Timezone: America/New_York
  • Date: May 14 2023
  • Time: 11:00 am

Status

Active

Solunea DEX Arbitrum Presale

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

DETAILS
  • Presale Details
    • Presale will be held on Solunea
      • Whitelist presale on May 13 — 20 ETH hard cap; price: 1 SLNA = 0.0000072 ETH, same vesting as public presale
    • Duration: 24 hour(s)
    • Purchase token: ETH
    • Presale rate: 1 SLNA = 0.000008 ETH (~$0.015)
    • Listing rate: 1 SLNA = 0.000008ETH (~$0.015)
    • Hard cap: 60 ETH
    • Minimum contribution: 0.1 ETH
    • Maximum contribution: 2 ETH
    • Presale vesting: 30% at launch, 70% unlocks linearly over one month
    • Initial circulating market cap: $67,000
    • Initial liquidity: 70% of total presales
    • zkSync SLNA holders can claim Arbitrum SLNA at a 1:1 rate; locked as veSLN for 2-years
    • Taxes: 0%
    • DEX listing: May 15
  • 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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