Parallax Finance Liquidity & Protocol Launch
August 28 update – the team has still not announced a time for this launch, although it is confirmed to be August 28. This time is a placeholder.
August 20 update – the team delayed Phase 2 of the sale to August 22, thus delaying the liquidity launch.
August 15 update – the team has not announced a time for the launch, only that it is August 21. This time is a placeholder.
Liquidity launch for a yield generation protocol on Arbitrum with vaults, POL markplace, LSDFi, etc.
DETAILS
- Presale Details
- Location: Parallax Finance website
- Presale currency: USDT
- Presale price: $0.15 / PLX
- Hard cap: $900,000
- Initial market cap: $450,000
- Vesting: 35% at TGE, 1 month cliff, 5 months vesting
- Schedule:
- WL: Deposits begin Aug 16, 2pm UTC
- Sparta NFT holders: when Phase 1 is closed, or Aug 18, 2pm UTC
- Public: after Phase II
- Listing DEX: Sushiswap or Uniswap (TBD)
- Tokenomics
- Total supply: 100,000,000 PLX
- 43% – farming rewards
- 6% – public sale
- 4.5% – advisors
- 2% – airdrops
- 17% – treasury & initial liquidity
- 7.5% -team
- 6% – private sale
- 14% – strategic reserves
- Total supply: 100,000,000 PLX
Links & Resources
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