🌟 In the thrilling and ever-transforming cosmos of LFGSWAP, adaptability and groundbreaking innovation are not just strategies, but the pulsating heartbeat driving its monumental ascent to glory! Standing as a luminary beacon of ceaseless evolution, LFGSWAP is turbocharging its engines, ready to catapult into a thrilling new phase by deploying on the revolutionary platform — opBNB! 🚀
🔥 This is not merely a step; it’s a giant leap, a galactic voyage marking a formidable progression in the dynamic journey of LFGSWAP. It’s a vivid testament to the unparalleled agility and visionary foresight embodied by the stellar LFGSWAP team. Buckle up, as we dive headfirst, plunging into the depths of this exhilarating venture to explore why opBNB is the handpicked frontier, the new bastion for LFGSWAP’s phenomenal expansion! 🌌
Why opBNB
Fast, scaleable, and super-low fees. Let’s build real world applications that require billions of messages/events per day. #BNB — CZ 🔶 Binance
A Historical Choice Rooted in Deep Ties
In an industry where endorsements matter, receiving a nod from an influential figure can significantly impact a project’s trajectory. The bond between LFGSWAP and opBNB got a notable blessing when Binance’s CEO, Changpeng Zhao (CZ), shared a poster of LFGSWAP on his Twitter account. This gesture not only exemplified the deep-rooted connection between the two entities but also projected a promising future forged in collaboration and mutual respect.
A Strategic Aligning of Forces
Choosing to deploy on opBNB is not just a strategic move for LFGSWAP but also a homecoming of sorts. The synergy anticipated from this collaboration promises to bring innovative solutions and opportunities, benefiting the community and stakeholders involved.
$LFG Cross-Chain Detail
LFGSwap will launch $LFG on the opBNB Chain. It’s time for us to dig out all the details!
Native $LFG Cross-Chain rules
ETHW/CORE/ARB/BASE: The amount of tokens that can be bridged
ETHW: 833,333 $LFG
CORE: 3,055,556 $LFG
ARB: 555,556 $LFG
BASE: 555,556 $LFG
Soft caps: 10,000 $LFG
Hard caps: 500,000 $LFG
After the bridging, the remaining un-bridged $LFG will be returned to the original address in proportion.
60 million $LFG that are removed from ETHW & CORE & ARB & BASE
30,000,000 $LFG from CORE CEX reserves
1,000,000 $LFG from ETHW CEX reserves
14,000,000 $LFG from ARB CEX reserves
10,000,000 $LFG from BASE CEX reserves
5,000,000 $LFG from “Overflow Bridging”
Notes: This part of $LFG will be bridged to the opBNB chain, without generating additional supply.
Bridge Time: Sep 17th, 3:00 UTC — Sep 22th, 11:00 UTC
Cross-Chain $LFG Release Rules
The release rules: After the opBNB $LFG launch, Cross-Chain $LFG will be released linearly every week by creating LP and will be released within 60 days.
There will be an LP formation portal on the LFGSwap official website, which will store the LFG tokens to be released from cross-chain operation every week. The cross-chain users will need to deposit BNB into the portal for the smart contract to automatically form LP.
The amount of BNB needed for LP formation is equivalent to the value of LFG to be released during the week. The LP value will change with the price fluctuation of LFG.
After a week of lock-up, users can withdraw the LP, which can be used for Yield Farming or turned into BNB and LFG at market price.
In one word, users only need to deposit BNB — then they can get BNB and LFG every week.
The lock-up period is counted down to one week from the time the user deposited the BNB.
If the lock-up period of the first BNB deposit is not reached and the BNB is added again in the middle of the period, the vesting time will be refreshed and calculated from the beginning period is counted down to one week from the time the user deposited the BNB.
Example
For example, user Alice previously bridged 10,000 LFG through cross-chain activity.
Basic: The token will be fully released after 60 days of weekly linear release (All tokens will be released in 9 weeks, 1111 LFG/week)
Rules: User Alice should deposit 1111 LFG worth of BNB in the LP Formation portal, the deposited BNB and 1111 LFG will be automatically transformed into LP and locked up for one week
The Benefit of the Release Rules
The cross-chain rules will help stabilize the price of LFG (opBNB) and ensure that the LFGSwap can develop with sufficient liquidity.
It’s a win-win situation where we consider the benefits for all users.
$LFG opBNB Allocation
Please note that the Max/Total supply of $LFG on all 5 chains combined (ETHW, CORE, Arbitrum, Base, opBNB) will remain the same — 1,000,000,000.
$LFG opBNB Total amount of tokens: 60,000,000
FARM — 68.33% (Token: 41,000,000)
Liquidity — 7% (Token: 4,200,000)
IDO — 8.33% (Token: 5,000,000)
Community — 5% (Token: 3,000,000)
Ecology — 3% (Token: 1,800,000)
Cross-Chain — 8.33% (Token: 5,000,000)
Switch Key Parameters
Platform: https://app.lfgswap.finance/ido
Time: Sep 24th, 11:00 UTC — Sep 27th, 7:00 UTC
Amount of $LFG Allocated: 5,000,000 (8.33% of opBNB $LFG total supply)
Each Address Quota: 0.1 BNB — 10 BNB
Token Price: 1 LFG = 0.0001 BNB
Total Raised: 500 BNB
Trading Time: Sep 27th, 7:00 UTC
Release Schedule: 100% of the tokens will be released immediately when trading starts
🚀 Hold onto your seats, because LFGSWAP’s monumental deployment on opBNB is blasting us into a golden age of unprecedented speed, boundless scalability, and microscopic fees! Picture lightning-fast transactions at your fingertips, and a platform that grows exponentially, adapting with grace and might to the ever-surging demands of the crypto frontier! 💫
💪 Get ready to witness a revolution where relentless effort trumps innate skill, every moment! As the legendary Jordan Belfort once thundered: “Hard work beats talent. Every time!” — a mantra that echoes the pulsating heart and fiery spirit powering this groundbreaking venture! Brace yourselves, because LFGSWAP is here to redefine the rules of the game, carving a trailblazing path lit by tenacity and unparalleled excellence! 🌟
LFGSwap Social
