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Home All Events - Ape O'Clock Velocore Linea Public Presale

Date

Aug 23 2023
Expired!

TimeUTC

11:00 am

Your Time

  • Timezone: America/New_York
  • Date: Aug 23 2023
  • Time: 7:00 am

Status

Active

Velocore Linea Public Presale

August 22 update – delayed to August 23.

Token presale for a DEX with -ve(3,3) vote-escrowed mechanics on Linea. Previously launched on zkSync.

DETAILS
  • Presale Details
    • Presale will be held on Velocore and will last for 2 days
    • Purchase token: ETH
    • Presale method: Overflow – if oversubscribed, final allocation is proportional to your share of the total contributions and any excess is refunded
    • Presale price: 0.0000208 LVC/ETH
    • Listing price: TBA
    • Vesting: 100% at launch
    • Hard cap: 750 ETH
    • Presale allocation: 9,650,000 $LVC
    • Minimum contribution: 0.001 ETH
    • No maximum contribution
    • Early contributors will receive a share of 1M $LVC bonus tokens
    • Private sale will be held on August 21
  • Tokenomics
    • Token symbol: VC
    • Initial supply: 100,000,000 LVC
      • 50% – emissions
      • 2.8% – private sale
      • 12.6 – public sale
      • 0.42% – overflow farming rewards
      • 1.2% – private presale vested
      • 5.4% – public sale vested
      • 0.18% – farming reward vested
      • 3.4% – pre-mining and NFT airdrops
      • 4% – team vested
      • 7% – ecosystem
      • 4% – veLVC team vested
      • 8.5% – initial liquidity
      • 0.5% – initial LVC/veLVC liquidity
  • Mechanics & Features
    • DEX that combines the concepts of vote-escrow (Solidly) + (3,3) rebase (Olympus DAO) mechanics
    • 0.02% swap fee on stable pools, 0.25% on variable pools
    • Liquidity providers receive $VC emission rewards
    • $VC can be locked to receive $veVC (locked as veNFTs)
    • $veVC is the governance and vote-escrowed version of $VC
    • $veVC holders receive a share of protocol fees, bribes, and governance power
    • $veVC holders can vote weekly to decide which LPs receive $VC emissions
    • Users can lock their $VC tokens for up to 4 years – the longer the lock, the higher the voting power received
    • $veVC holders receive trading fees and bribes for the LPs they vote for – the pools with higher votes receive more $VC emissions

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