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Home All Events - Ape O'Clock Reactor Fusion Liquidity Launch

Date

Apr 24 2023
Expired!

TimeUTC

3:00 pm

Your Time

  • Timezone: America/New_York
  • Date: Apr 24 2023
  • Time: 11:00 am

Status

Active

Reactor Fusion Liquidity Launch

April 24 update – Looks like the team added liquidity immediately after the presale ended on April 23, and the token claim for presale participants is available on April 24.

Token launch for a lending and borrowing protocol on ZkSync Era.

DETAILS
  • Launch Details
    • Token will be listed on Velocore DEX
    • Token pair: RF/ETH
    • Listing/price price: 1 RF = 0.0000481880 ETH (~$0.088)
      • 626.44 ETH raise in presale held on Velocore
      • Presale vesting: 100% at launch
      • Participants receive allocations as 85% in $RF and 15% in $sRF ($sRF can be unstaked as $RF after 7 days)
    • Initial diluted market cap: 4,818 ETH
    • Initial total liquidity: 463 ETH (~$854,000)
      • 37% of presale funds (231.7 ETH) + $RF
    • Taxes: 0%
    • dApp is live
  • Tokenomics
    • Token symbol: RF
    • Initial supply: 100,000,000
      • 13% — Public sale (100% TGE)
      • 4.6% — Liquidity (RF/ETH)
      • 60% — Rewards + Bribes (Community)
      • 11% — Core Team (3 months cliff, then 2 years vesting)
      • 2% — Community (Public sale farming pool, marketing promotions)
      • 9.4% — Ecosystem fund
  • Mechanics & Features
    • Reactor Fusion is a Compound finance fork + Bribe-reward ve(3,3) mechanics
    • Borrow collateral ratio can range between 0-90%
    • RF rewards will be distributed to users who supply/borrow tokens (ETH, USDC)
    • $RF emissions decrease over time, with a 7% reduction per month
    • $RF can be staked to receive $sRF
    • $RF stakers receive 90% of the protocol revenue as $RF, and 90% of $VC earned through farming on Velocore
    • $sRF can be unstaked back to $RF after 7 days

Blockchain

zkSync