Velocore Linea Public Presale
August 22 update – delayed to August 23.
Token presale for a DEX with -ve(3,3) vote-escrowed mechanics on Linea. Previously launched on zkSync.
DETAILS
- Presale Details
- Presale will be held on Velocore and will last for 2 days
- Purchase token: ETH
- Presale method: Overflow – if oversubscribed, final allocation is proportional to your share of the total contributions and any excess is refunded
- Presale price: 0.0000208 LVC/ETH
- Listing price: TBA
- Vesting: 100% at launch
- Hard cap: 750 ETH
- Presale allocation: 9,650,000 $LVC
- Minimum contribution: 0.001 ETH
- No maximum contribution
- Early contributors will receive a share of 1M $LVC bonus tokens
- Private sale will be held on August 21
- Tokenomics
- Token symbol: VC
- Initial supply: 100,000,000 LVC
- 50% – emissions
- 2.8% – private sale
- 12.6 – public sale
- 0.42% – overflow farming rewards
- 1.2% – private presale vested
- 5.4% – public sale vested
- 0.18% – farming reward vested
- 3.4% – pre-mining and NFT airdrops
- 4% – team vested
- 7% – ecosystem
- 4% – veLVC team vested
- 8.5% – initial liquidity
- 0.5% – initial LVC/veLVC liquidity
- Mechanics & Features
- DEX that combines the concepts of vote-escrow (Solidly) + (3,3) rebase (Olympus DAO) mechanics
- 0.02% swap fee on stable pools, 0.25% on variable pools
- Liquidity providers receive $VC emission rewards
- $VC can be locked to receive $veVC (locked as veNFTs)
- $veVC is the governance and vote-escrowed version of $VC
- $veVC holders receive a share of protocol fees, bribes, and governance power
- $veVC holders can vote weekly to decide which LPs receive $VC emissions
- Users can lock their $VC tokens for up to 4 years – the longer the lock, the higher the voting power received
- $veVC holders receive trading fees and bribes for the LPs they vote for – the pools with higher votes receive more $VC emissions
