Lexer Markets Liquidity Launch
Token launch for a perpetual trading DEX on Arbitrum.
DETAILS
- Launch Details
- Token will be listed on Camelot DEX
- Token pair: LEX/WETH
- Listing price: $0.02
- Presale price: $0.02
- 500 ETH hardcap filled in presale on Camelot
- Vesting: 50% in $LEX, 50% in $esLEX (esLEX is locked and can vested to $LEX over 12 months)
- Initial circulating market cap: $1,400,000
- Initial total liquidity (estimate): $1,00,000
- 50% of presale funds + $LEX
- Taxes: 0%
- Mechanics & Features
- Trade crypto forex, NFT and Indices markets with up to 100x leverage
- Utilizes 2 types of liquidity engines;
- Multi-asset liquidity pool powers BTC and ETH perps
- Synthetic liquidity pool powers Forex (FX) perps
- All positions in LEXER are NFT-based – Once a position in is opened, an NFT will be minted containing all the metadata of the trade, such as the size, and the trading
- LEXER supports cross-margin, as well as compounding
- Fee structure;
- Swap fees: 0.16%-0.8% (multi-asset pools); 0% (synthetic pools)
- Open and Close Position Fee: 0.06% of position size (multi-asset pools), 0.12% of position size (synthetic pools)
- Execution Fee: fixed at 0.001 ETH
- Liquidation Fee: 0.1% of position size
- Liquidity providers earn 70% of the trading fees and traders PnL (profit/loss)
- $LEX is the governance and utility token
- $Staked LEX receive 30% of protocol fees, in ETH
- Tokenomics
- Token symbol: LEX
- Token supply: 1,000,000,000
- 5% — Presale (50% in $LEX, 50% in $esLEX tokens which can be vested linearly over 12 months)
- 12% — Private Investor (10% initially unlocked, then 24 months linear vesting)
- 2% — Early Contributor
- 40% — Es staking rewards (10% max emissions yearly)
- 18% — Team (24 months linear vesting)
- 10% — Community Incentives (10% max emissions yearly)
- 10% — Treasury (reserved for emergency use)
- 3% — Protocol Owned Liquidity (paired with 50% of funds raised in the public sale as DEX liquidity)
Blockchain
