LionDEX Liquidity Launch
Token launch for a perpetual trading DEX platform on Arbitrum.
DETAILS
- Launch Details
- Token will be listed on LionDEX
- Token pair: LION/USDC
- Listing price: $0.02
- Presale price: $0.02
- $2,000,000 hardcap filled in presale held on LionDEX
- Vesting: 100% at launch (split between $LION & $esLION)
- $esLION is staked $LION and can be converted to $LION by vesting over 180 days
- Initial circulating market cap: $2,680,000
- Initial total liquidity: $1,200,000
- 30% of presale funds ($600,000) + 30,000,000 $LION
- Mechanics & Utility
- Trade crypto assets with up to 50x leverage
- 10% – 50% insurance ratio on perpetual trading orders
- Fees structure;
- 0.008% swap fees
- 0.25% LP transaction fees
- 3% Insurance claim fee
- margin size*0.08%+5LP Liquidation fee
- Dual token model – $LION and $LP
- LION is the governance token
- LP is the intermediary liquidity token, representing the assets in the LION liquidity pool
- $LION can be staked to earn $esLION (escrowed LION) and $LP rewards
- $esLION can be converted into $LION by vesting linearly over 6 months
- Liquidity providers mint $LP when they provide liquidity
- $LP can be staked to earn ETH, LP & esLION rewards
- Holders of LionDEX NFTs receive benefits which includes;
- stake to earn $LION tokens, with a emission period of 180 days
- stake to receive 1,500 pre-deposited feeLP, which can be used to offset perpetual futures trading fees
- Stake to boost LION/LP staking yield by 5%
- guarantee priority access to all airdrop
- governance power
- LionDEX traders and $LION holders will be able to participate in launchpad IDOs; supported participation tokens will include LION/ETH/USDC
- Protocol fees allocation:
- 75% to Staking rewards for $LION and $LP stakers
- 25% to Explorers Labs
- Tokenomics
- Token symbol: LION
- Total supply: 1,000,000,000
- 10% — Presale/IDO
- 50% — Protocol growth incentives
- 20% — Developer fund (24 months linear vesting)
- 10% — Genesis NFTs
- 5% — Consultant fees (24 months linear vesting)
- 3% — Liquidity
- 2% — Airdrops