Neutra Finance Auction Presale
Token presale for an automated investment strategy protocol on Arbitrum.
DETAILS
- Presale Details
- Presale will be held on Camelot DEX launchpad, and will last for 3 days or until sold out
- Purchase currency: USDC
- Presale will use an auction mechanism; price starts at $0.33 and continuously increases after the first $200K has been reached
- At the end of the sale, everyone will receive the same final price
- Initial presale price: $0.33
- Listing price: final price of auction
- Vesting: 100% at launch (50% will be distributed in NEU and 50% in esNEU)
- No soft cap
- Presale token allocation: 600,000 NEU
- No minimum or maximum buy
- Initial circulating market cap: $288,090
- Any user can refer to earn 3% (in USDC) of referred user’s presale contributions
- Presale funds allocation;
- 40% to seed $NEU liquidity
- 30% distributed to core contributors
- 30% to the treasury used for POL, marketing, future audits, community rewards, and operation
- 10% used to buyback NEU tokens (at a max cap of 10% of the initial presale price), if the price falls below the listing price, within 48 hours after launch
- Taxes: 0%
- Token is scheduled to be listed on January 20
- Mechanics & Features
- Neutra Finance creates risk-hedged, automated investment strategies
- Users can deposit into the strategy vaults and earn yield
- The vaults uses automated bots to rebalance and optimize returns by minimizing losses resulting from price effect and impermanent loss
- Fee struture;
- management fee (2% of TVL yearly)
- performance fee (20% of APR)
- 50% of the fees will be distributed $NEU/esNEU stakers, 50% allocated for operational expense
- $NEU is the utility and governance token
- NEU stakers earn a share of protocol fees, esNEU rewards and fee boosters
- $esNEU (escrowed NEU) is non-liquid and non-transferable NEU, which can be;
- staked to receive the same rewards as a regular NEU token (fees, esNEU, fee boosters)
- vested for 12 months to become actual NEU tokens
- Tokenomics
- Token symbol: NEU
- Total supply: 6,000,000
- 10% — Presale (unlokced)
- 37% — Treasury
- 35% — esNEU rewards
- 10% — Core contributors
- 5% — Partnerships
- 3% — Advisors
- ❌ No information available on the token vesting
- No taxes