Flame Protocol IDO Upcoming !🔥

Flame Protocol
2 min readMay 4, 2023

Flame Protocol is built on the Sui Network by the Flame Labs team, and it is the first NFT AMM Swap & Coin Swap with GameFi ecological infrastructure as its core.

Thanks to the inherent compatibility of the Objects model with NFT assets, as well as the high TPS concurrent transaction capabilities of the Sui Network GameFi projects can achieve full on-chain storage of data assets. As a result, NFTs for game props and rights will have excellent liquidity and the potential for explosive growth in transaction volume.

Thanks to the Sui community, FlameSwap has achieved an increase of 8,000 users within 24 hours after the mainnet launch synchronously with SuiNetwork. This number has been increasing along with the development of Sui.

🔥 Flame Tokenomcis :

$FLAME is the native token in the Flame Swap ecosystem. You can earn $FLAME tokens by providing liquidity on native farms such as FLAME-USDC and FLAME-USDT, Flame single-asset vaults and other farms.

Total Supply: 100,000,000 $FLAME

Token Distribution:

· 2,700,000 initial liquidity

· 5,000,000 is used for the team [cliff 12 month,36 month linear release]

· 5,000,000 for Public Sale

· 6,500,000 is used for POT airdrop rewardsfor more than 48 months [community builders, POT Growth Plan]

· 15,000,000 as CEX reserves

· 65,800,000 for liquidity mining reserves over 24 months

Key Metrics:

Ticker: FLAME

BlockChain Network: SuiNetwork

IDO Supply: 5,000,000 $FLAME (5%)

Hard Cap: 300,000 in $SUI token

IDO Rules:

Time:

IDO Start: 12:00 UTC, 6th May 2023

IDO End: 12:00 UTC, 9th May 2023

Price:

IDO Price: 1 $FLAME = 0.06 $SUI. 1 $SUI ≈ 16.7 $FLAME.
(Users participating in the IDO will be allocated the corresponding number of $FLAME tokens according to the contribution amount)

Total Hard Cap: 300,000 in $SUI token

Personal Soft Cap: 10 $SUI

Personal Hard Cap: 1,000 $SUI

🔥 Flame Official links:

Official Website | Twitter | Discord | Telegram | Medium | Whitepaper | Flame Crew3

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Flame Protocol

🔥 Flame Protocol is built on the 💧#SuiNetwork by the Flame Labs team. The #1st NFT AMM Swap & Coin Swap with GameFi ecological infrastructure as the core.