yERB info: Whitelist, Presale, Listing, Marketing, PHASE I

erebus.cash
2 min readNov 18, 2020

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visual created by Clues (myself)

If you are reading this, the timer at the erebus protocol website has hit 0. Here comes PHASE I. Here is all the information you’ve been patiently waiting for.

⭕ Quick overview of yERB & erebus protocol:

  • erebus protocol & yERB is an experimental step into DeFi 2.0, combining the best of some of the most successful protocols (CORE/KP3R/yBAN) and going beyond.
  • yERB’s total supply is 1701 tokens. There is no additional mint function (check the verified contract at Etherscan)
  • The yERB smart contract is a modified version of my yBAN code.
  • There is a burn rate of 2% for each transaction made with the yERB protocol. yERB’s supply will keep decreasing with every transaction, forever.
  • Even distribution via capped public whitelist.
  • Product will launch, regardless of whether hard cap is reached or not.
  • Liquidity will be locked.

⭕ PHASE I: Amount, Price, UniSwap, Marketing

How to get Whitelisted?

  • Complete the presale whitelist application via ‘Google Forms’ (limited to 69 entries) — Link at Telegram
  • Additional whitelist spots for users who helped the erebus protocol project become reality and helped find bugs/errors.

Whitelisted Presale

  • Amount: 850.5 $yERB
  • Whitelist: 69 unique spots
  • Min. Cap per whitelisted contributor: 1.69 ETH
  • Max. Cap per whitelisted contributor: 10.69 ETH
  • Softcap = None. $yERB is ready and we’ll launch regardless
  • Hardcap = 769.69 ETH
  • Presale price: 1 ETH = 1.105 $yERB
  • Whitelisted users will have 24h to complete their desired ETH contributions
  • Any unsold $yERB will be available to the public after 24h, at 1 ETH = 0.69 $yERB. Rest will be burned.
  • Uniswap launch will follow shortly at 1 ETH = 0.420 $yERB
  • Marketing will include a frontpage erebus/yERB Coingecko ad, crypto influencers and various other strategies in the future.

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