TrackDAO Liquidity Launch

Token launch for an DAO NFT index fund on Ethereum.

DETAILS

• Launch Details
  • Token will be listed on Uniswap
  • Token pair: TRACK/WETH
  • Listing price: $0.14
  • Presale price: $0.1283
    • 36.69 ETH raised in presale (LBP) held on Fjord Foundry
    • Vesting: 100% at launch
  • Initial diluted market cap: $140,000
  • Initial liquidity: unknown
  • Taxes: 5% buy | 5% sell

• Mechanics & Features
  • $TRACK is a synthetic asset index pegged to the floor prices of the top 10 Blue Chip NFT projects, allowing investors to speculate on the top Blue Chip NFTs with one token
  • If the price of $TRACK increases/decreases from its target price, the supply expands/contracts (calibrated) via Uniswap liquidity pools to reach this target price – the base price of $TRACK will be the price at TGE
  • Expansion creates new supply, which reduces the price of $TRACK down; Contraction decreases supply, which drives the $TRACK price up to its target
  • Calibrations will occur every 24 hours

• Tokenomics
  • Token symbol: TRACK
  • Total supply: 1,000,000
    • 75% — LBP (presale) & Uniswap Liquidity
    • 010% — Ecosystem development
    • 10% — Team
    • 5% — Airdrop
    • ❌ No information available on the token vesting
  • 5% buy and sell tax
    •  4% — DAO wallet for DAO asset purchases
    •  1% — Development