Sector Finance Presale
Token presale for an automated yield farming portfolio and strategy protocol on Arbitrum.
DETAILS
- Presale Details
- Presale will be held on Camelot, and will last for 1 day
- whitelist sale takes place 1 day prior to the public sale
- Fair launch model – price determined by amount raised divided by total presale allocation
- Presale/listing price: final closing price
- Vesting: ⅓ in veSECT staked for 3 months; remaining in unvested SECT
- Soft cap: $1,500,000
- Hard cap: $4,000,000
- Presale token allocation: 10,000,000 $SECT
- No minimum or maximum buy
- Initial circulating market cap: TBD
- Taxes: 0%
- Token listing date: April 2, 5pm UTC
- Sector Finance dApp
- Presale will be held on Camelot, and will last for 1 day
- Mechanics & Features
- Deposit in risk-tiered strategy aggregated vaults and earn yield in USDC or ETH
- Current available deposit tokens – USDC and ETH
- Products include;
- Galileo Engine: risk analytics platform
- Single strategy vaults: delta-neutral strategies
- Aggregator vaults: bundled versions of the single strategy vaults categorized by risk levels
- Withdrawal requests are processed during each harvest; harvest occur approximately once per day
- 10% performance fee on vaults
- $SECT holders can lock $SECT and receive veSECT (vote-escrowed $SECT)
- veSECT holders receive governance rights, share of protocol fees and emissions
- $veSECT is non-liquid and non-transferable, the amount gradually decays until the locking period expires and then $SECT can be claimed
- Tokenomics
- Token symbol: SECT
- Total supply: 100,000,000
- 10% — Presale
- 20% — Treasury (vested over 5 years)
- 45% — Ecosystem (vested over 5 years)
- 17.5% — Team & advisors (10% unlocks after 6 months cliff, then vested over 24 months; advisor allocation (1%) unlocks after 3 months cliff
- 7.5% — New Order Incubator (10% unlocks after 6 months cliff, then vested over 24 months)
- No taxes