$SECT Public Launch
We are excited to announce the public token launch of Sector Finance ($SECT). The launch will take place March 30 via Camelot DEX on Arbitrum.
Public Launch Information
The public launch will begin on Wednesday March 30 2023 at 1:00 PM EST and end on Friday March 31 2023 at 1:00PM EST. The launch will be hosted on Camelot DEX on Arbitrum.
We’re proud to partner with Camelot DEX for our launch. The platform offers a robust and secure ecosystem that can support Sector Finance as we continue to evolve and reach new milestones. To further our partnership we will be offering additional perks to xGRAIL holders, more details to be shared soon.
Whitelist: Early depositors and xGrail holders will have the opportunity to participate in a whitelist launch, which will take place 24 hours before the public phase. There is no pricing advantage for whitelist participants, the end value basis will be the same in both stages. The whitelist advantage is being able to secure an allocation before the public phase begins. Whitelist allocation will be determined by deposited amount for Sector participants and xGrail holdings for Camelot participants.
- Launch Model: Fair launch price discovery model
- Min Total Commitment: 1.5M $USDC
- Max Total Commitment: 4.0M $USDC
- Where: Camelot DEX
- Whitelist Start: Wednesday 29 March 2023 at 1:00 PM EST
- Public Start: Thursday 30 March 2023 at 1:00 PM EST
- Until: Saturday 1 April 2023 at 1:00 PM EST
- Chain: Arbitrum
- Accepted payment: $USDC
- Allocation: 10,000,000 $SECT (10% of total supply)
- Total max supply: 100,000,000 $SECT
- Min/max allocation: none
- Vesting: ⅓ in veTokens staked for 3 months
10% of the total $SECT supply will be made available for the public launch, and will be distributed to all participants at the fair launch value (“FLV”) set at the end of the launch period. FLV is based on the amount raised during the round divided by 10M $SECT. All participants receive the same final price.
Max = 4M $USDC Commitment / 10M $SECT
Min = 1.5M $USDC Commitment / 10M $SECT
In the event that total committed $USDC is less than 1.5M, deposited funds will be returned to all participants and Sector Finance retains the tokens allocated for the Camelot launch.
The official specific instructions on participating in the public launch will be published ahead of the public launch.
Introducing $SECT
$SECT is the utility token for Sector Finance. Sector is a structured product protocol that provides comprehensive risk analysis and diversified yield earned in $USDC or $ETH.
Our mission is to sustainably scale the DeFi ecosystem through risk transparency and real-yield. We’ve developed three core products to achieve our mission:
- The Galileo Engine: our risk analytics platform
- Single-Strategy Vaults: delta-neutral strategies that generate earnings in all market conditions
- Aggregator Yield Vaults: bundled versions of the single strategy vaults categorized by risk levels
These tools work in tandem to offer a fully customized yield experience based on a user’s unique risk profile.
$SECT holders have the ability to stake and lock $SECT and receive vote-escrowed $SECT (“$veSECT”), providing governance rights to direct protocol fees and emissions.
Learn more
