Velocore Presale
Token presale for a DEX with -ve(3,3) vote-escrowed mechanics on ZkSync.
DETAILS
- Presale Details
- Presale will be held on Velocore and will last for 1 day
- 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: 0.0000229 VC/ETH
- Listing price: TBA
- Vesting: 100% at launch
- Soft cap: 100 ETH
- Hard cap: 450 ETH
- Presale allocation: 9,650,000 $VC
- Minimum contribution: 0.001 ETH
- No maximum contribution
- Early contributors will receive a share of 500,000 $VC bonus tokens
- Private sale: 90 ETH raised in private sale (2 ETH max contribution)
- Price: 0.0000207 VC/ETH (10% discount)
- Vesting: 100% at launch
- Token listing date: April 5
- Emissions is scheduled to begin April 5
- Tokenomics
- Token symbol: VC
- Initial supply: 60,000,000
- 7.25% — Private sale (100% TGE – price: 0.0000207 VC/ETH)
- 32.75% — Public sale (100% TGE – price: 0.0000229 VC/ETH)
- 22.5% — Ecosystem fund ($veVC locked)
- 15% — Team
- 15% — Liquidity
- 7.5% — Ecosystem fund
- 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, rebases, 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
- Weekly emissions start at 1.4M $VC (2.33% of the initial supply) and decay at 1% per week (epoch)
Links & Resources
Related Launches
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