TL;DR:
- Whitelisting: Exclusive access for top 333 traders/liquidity providers and through partner event participation.
- Participation: Open to WETH/USDC LP token providers, with tailored conditions for whitelisted users.
- Allocation of Funds: 20% allocated for development, 80% contributed to the BXT/WETH pool.
- Sale Phases: Private Sale for whitelisted members with no fee, followed by a Public Sale with a variable participation fee.
- Timeline: TBA
- Pre-Launch Events: Inclusive of community airdrops (200K veBXT for Zealy sprint, 2.5M veBXT for Pre-IFO Airdrop Season) and collaborative events for rewards.
Introducing BaseX
BaseX is redefining the decentralized exchange (DEX) landscape by merging UniSwap V3’s concentrated liquidity, Curve’s vote escrow model, and OlympusDAO’s (3,3) game theory. This unique combination offers unmatched benefits in rewards, governance, and creating real value for users and liquidity providers.
BaseX Initial Farm Offering (IFO) Launch
We’re thrilled to kick off our Initial Farm Offering (IFO), presenting a prime opportunity for early adopters to secure our BXT token and become integral members of the BaseX community.
Detailed IFO Sale Information
- Start Time: TBA
- End Time: TBA
- Vesting: 100% unlocked at the end of the sale.
- Participation Fees: None for private sale, starting at 1% for public sale (adjusted based on overflow from the public sale portion).
- Pre-launch Events veBXT token airdrop take place at the 2nd epoch.
- More details TBA
20% of the raised WETH/USDC LP tokens from the BXT IFO will be allocated to the development team, with the remaining 80% contributing to the BXT/WETH liquidity pool post-IFO. These liquidity are locked forever. Additionally, all collected participation fees will be added as bribes for the BXT/WETH pool in epoch 0.
IFO Phases
Phase 1: Private Sale (WhiteList)
- Get BXT without any fee if you’re whitelisted.
- Covers 20% of the total IFO tokens.
- If the deposited amount exceeds the sales limit, sales will be shared equally to all depositors and extra funds will be refunded post conclusion of sales in WETH/USDC LP tokens.
Phase 2: Public Sale
- Open to all, same price, with a starting fee of 1% that decreases based on the public sale’s success.
- Makes up 80% of the IFO tokens.
Participating Guidelines
To participate, contribute liquidity in the WETH/USDC Gamma pool on BaseX and utilize your LP tokens. Whitelisted members have access to the private sale phase.
Pre-Launch Season Celebrations
This season isn’t just about the IFO; it’s a celebration with two weeks of events and rewards!
Get Whitelisted:
- Top 333 addresses with the greatest trading volume and highest value of liquidity provided
- Join the pre-launch events to be hosted with our partners to get whitelist slots.
veBXT Community Airdrop:
- 200,000 veBXT airdrop for the Zealy pre-launch sprint.
- 2,500,000 veBXT airdrop for Pre-IFO Airdrop Season
- Join the Pre-IFO events to be hosted with our partners to get more veBXT tokens.
Pre-Launch Events: Collaborations with partners for various engaging activities, with potential rewards!
Ready to Dive into BaseX?
Stay updated and get involved by following our Twitter, Discord, or Telegram channels. We’re excited to welcome you to BaseX and answer any questions you might have. Let’s make DeFi history together!
