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

Date

Apr 27 2023
Expired!

TimeUTC

12:00 am

Your Time

  • Timezone: America/New_York
  • Date: Apr 26 2023
  • Time: 8:00 pm

Status

Active

Solunea DEX Liquidity and DEX Launch

Token launch for a ve(3,3) DEX ecosystem on zkSync Era.

DETAILS
  • Launch Details
    • Token will be listed on Solunea DEX
    • Token pair: SLNA/ETH
    • Listing rate: 1 SLNA = 0.0000125 ETH (~$0.023)
    • Presale rate: 1 SLNA = 0.0000125 ETH (~$0.023)
      • Presale will be held on Solunea
      • Whitelist presale on April 24 on Solunea — 45 ETH hard cap; same price and vesting as public presale
      • Presale vesting: 100% at launch
    • Initial circulating market cap: $287,000
    • Initial total liquidity: $190,000
      • 50 ETH + 4,000,000 SLNA
    • Taxes: 0%
    • dApp is live
  • 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/staked to receive $veSLNA
    • $SLNA can be locked for up to 4 years – the longer the lock, the higher the voting power (4 years lock = 1 $veSLNA , 6 months lock = 0.125 $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: 50,000,000
      • 8% — Private sale
      • 12% — Public sale (100% TGE)
      • 8% — Liquidity
      • 15% — Ecosystem fund (4 years vesting)
      • 17% — Partnership (4 years vesting)
      • 10% — Treasury (4 years vesting)
      • 10% — Team (4 years vesting)
      • 5% — Partnership (gradually released after launch)
      • 15% — Airdrop (locked for 2 weeks, released in batches)
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