MagicFox DEX Presale

Public presale for a multichain ve(3,3) DEX and yield optimizer protocol on BSC, Arbitrum & Polygon.

DETAILS

• Presale Details
  • Presale will be held on MagicFox
  • Duration: 7 day(s)
  • Sale format: Fair launch – no hardcap
  • Presale/listing rate: to be determined at end of presale
  • Soft cap: $100,000
  • No minimum or maximum contribution
  • Contributors receive dual tokens – $FOX and $SHROOM
    • 30% in $FOX and 30% in $SHROOM
    • 20% in $veFOXand 20% in $veSHROOM (locked for 1 year)
  • Presale vesting: 100% at launch
  • Initial circulating market cap: to be determined at end of presale
  • Early contributors will be eligible for a bonus $FOX & $SHROOM airdrop
  • Refer users and earn 3% of their contribution in $USDC
  • Presale funds allocation
    • 20% for initial liquidity
    • 40% to development
    • 20% to marketing
    • 20% to cross-chain growth
  • Taxes: 0%
  • DEX listing: May 15

• Mechanics & Features
  • DEX that combines the concepts of vote-escrow (Solidly) + rebase (3,3)
  • Other features include; yield optimizer (auto-compounder), B2B services such as; launchpad, token generator, token & liquidity locker, token multisender, OTC desk
  • 0.03% swap fee on stable pools; 0.25% on bluechip pools, 1% on community exotic pools
  • Multi-reward and vote-escrowed token system;
    • $FOX and $SHROOM are the reward tokens
    • $veFOX and $veSHROOM are the governance vote-escrowed token
  • Liquidity providers receive $FOX emission rewards
  • $FOX and $SHROOM can be locked for up to 2 years, to receive $veFOX and $veSHROOM respectively
  • $veFOX and $veSHROOM holders can vote weekly to decide which farms or vaults receive $FOX and $SHROOMS emissions respectively, the next week
  • $veFOX and $veSHROOM holders receive bribes, rebases (bonus $FOX/$SHROOM), governance power, and a share of platform fees, boosted farm yield
  • Initial weekly emissions begin at 151,100 $FOX and 842,837 $SHROOM and decreases by 1% weekly

• Tokenomics
  • Token symbol: FOX and SHROOM
  • Initial supply: unknown
    • 18% — Presale (100% TGE)
    • 4% — Liquidity
    • 18% — Ecosystem (distributed as veFOX & veSHROOM)
    • 5% — Marketing
    • 18% — Team
    • 25% — Partner airdrop (distributed as veFOX & veSHROOM)
    • 12% — Airdrop for users (distributed as veFOX & veSHROOM)