UFO Finance Liquidity Launch

September 15 update – the team says they are moving servers and the site at ufofinance.cc will be up “soon.” Their Twitter has this site as their homepage: ufofinance.app. It’s not clear which site will be their “permanent” home.

Token launch for a layer-2 decentralized off-market exchange launching on BSC, utilizing collaterals for trades.

DETAILS

• Launch Details
  • Token will launch on PancakeSwap
  • Token pair: UFC/USDT
  • Subscription presale was held on PinkSale, and lasted for 2 days
  • Subscription price: $0.8
  • Listing price: $0.87
  • Private price: $0.7
  • Initial market cap (incl. liquidity): $203,000
  • 50% of private sale tokens are unlocked at launch, 50% vested linearly over 2 weeks
  • 60% of presale funds will be added to liquidity (365 days lock on PinkSale)
  • No vesting for presale tokens
  • Taxes: 1% buy | 1% sell

• Mechanics
  • Trades are carried out in the form of deliverable contracts
  • Sell orders requires depositing a collateral that is equivalent to the amount of token to be sold in stablecoins
  • Buy orders does not require additional collaterals except order amount in stablecoins
  • The deliverable contract transaction expires at the determined time
  • Beta version available here

• Tokenomics
  • $UFC is the native token
  • Total supply: 500,000 
    • 30% — Presale
    • 8.75% — Private sale (50% unlocks at TGE, then vested linearly over 2 weeks – lock info)
    • 17.64% — Liquidity
    • 22% — Staking & Treasury (20% unlocks in a month, then 20% monthly – lock info)
    • 10% — Development & Marketing (20% unlocks in a month, then 20% monthly – lock info)
    • 5% — CEX listing (20% unlocks in a month, then 20% monthly – lock info)
    • 5% — Advisors (20% unlocks in a month, then 20% monthly – lock info)
    • 2.42% — Burnt
  • 1% Buy and Sell tax
    • 1% — Marketing (sent as BNB)