Twin Protocol Liquidity Launch
Token launch for peer-to-peer synthetic assets exchange on Arbitrium and BSC.
DETAILS
- Launch Details
- Token will be listed on Oreoswap (launch on PancakeSwap on February 1)
- Token pair: TWIN/ETH
- Listing rate: 90,000 TWIN/ETH (~$0.018)
- Presale rate: 100,000 TWIN/ETH (~$0.016)
- 20 ETH hard cap filled in presale held on PandaSale
- Vesting: 100% at launch
- Private sale rate: 133,333 TWIN/ETH (~$0.012)
- Vesting: 100% at launch
- Initial circulating market cap (estimate): $90,000
- Initial liquidity (estimate): $32,000
- 51% of presale funds (~10 ETH)
- 450 days lock on PandaSale
- Taxes: 0%
- Mechanics & Features
- Twin Protocol is PvP synthetic assets DEX, that allow traders to open long or short positions at the current prices of synthetic assets, such as; gold, silver, oil, $ETH, $BTC, $AVAX, $SOL, etc.
- The protocol matches traders against each other in leverage trades with the option for liquidity providers (LP) to participate
- The protocol utilises an intermediary token called TLP, which is minted when traders deposit collateral, and is used to compensate for any difference in total profits and losses
- The TLP token can be minted by anyone at the current price, and fees are distributed back into the backing USDC pool, allowing for automatic compounding – this creates a token with a price that can be used for hedging and earning yield
- Tokenomics
- Token symbol: TWIN
- Total supply: 5,000,000
- 40% — Presale (no vesting)
- 20% — Private sale (no vesting)
- 18% — Liquidity (15 months lock)
- 20% — Liquidity reserve
- No taxes