Seneca Liquidity Launch
November 7 update – the team says that they will announce a launch time “soon.” The Gempad pags says it’s launching at 8pm UTC. We’ve set it for 8pm UTC given that, but would not be surprised if it’s pushed back.
Liquidity launch on Arbitrum.
Cross chain lending and borrowing protocol with 97% of supply unlocked. With 3 days left, the presale has raised 103 $ETH thus far.
PRESALE DESCRIPTION
Seneca is an omnichain CDP protocol for yield-bearing assets. Borrow collateralized stablecoin senUSD using supported collateral. Token utility includes governance, trading tax redistribution, and protocol fees redistribution. With Seneca, users can access institutional-grade borrowing against established and emerging DeFi assets, maximizing capital efficiency. Seneca launches on Arbitrum. Partners & Integrations • Camelot (DEX) • Gamma (Liquidity Management) • DIA (Cross-Chain Oracles) • LayerZero (Omnichain Interoperability) Collateral Integrations • Lido • Frax • Angle Protocol • Jones DAO • Rocketpool • Redacted Cartel • Radiant • Pendle Raise Type • Fair Launch • DIAMOND TIER Listing (TGE) • November 8th • Liquidity on Camelot • SEN LP Farming Incentives Tokenomics • 3/3 Trading Tax • 2% Revenue Share to Holders • 1% Treasury (Incentives, Operations, Rewards) • SEN and senUSD are OFTs since launch (LayerZero Integration) Past Roadmap Steps – Protocol Development – Awareness Campaign – Key Partnerships – TGE: Nov 8th (Upcoming) – Camelot Listing: Nov 8th (Upcoming) – SEN LP Farming Incentives (Upcoming) Next Roadmap Steps – dApp Audit – dApp Deployment – sSEN Staking Implementation – Cross-chain Protocol Expansion – CEX Listings
DETAILS
- Presale details
- Presale was held on GemPad
- Duration: 4 day(s), 6 hour(s)
- This is a fair launch presale; no hard cap
- Soft cap: 50 ETH
- Minimum contribution: no minimum ETH per wallet
- Maximum contribution: no maximum ETH per wallet
- Presale and listing prices will be determined at the end of the presale
- Initial market cap will be determined at the end of the presale
- Listing on: CamelotDex
- 100% of the presale funds will be added to liquidity
- Liquidity lock: 180 days
- Tokenomics
- SEN is the native token
- Total supply: 100,000,000 SEN
- 1,500,000 – presale
- 1,500,000 – liquidity
Links & Resources
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ISSUES
- 🚨 Blacklisting – Wallets can be blacklisted from being able to transfer, swap or sell this token.
🚨 Transfer Fee – A fee is charged upon transfering this token (up to null%).
🚨 Transfer Limit – The max/min amount of token transferred can be limited (max could be set to 0).
🚨 Blocking transfer via changing router – The transfer function includes an external Uniswap call, which may create possibilities for blocking transfers by replacing the router instance.
🟠 Mintable – A large amount of this token can be minted by a private wallet or contract.
🟠 Recently Deployed Contract – The smart contract was deployed less than 14 days ago.
🟢 Whitelisting – The contract have functionality of whitelisting