LFGSwap Launches New IDO for MoonTouch Token: $MTS

LFGSwap
4 min readApr 24, 2023

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We are excited to announce that MoonTouch Token ($MTS) will be the second Initial DEX Offering (IDO) hosted by LFGSwap on the Arbitrum network. This comes after the successful launch of the first IDO.

The launch of MoonTouch Token ($MTS) is scheduled for {Apr 25th at 11:00 UTC — — Apr 26th at 11:00 UTC}. LFGSwap is proud to host this IDO, and as always, we strive to provide the safest and most secure platform for sale.

What is MoonTouch Token ($MTS)?

Meet MoonTouch, 1st JP anime Sport-to-Earn NFT game on Arbitrum One, supported by leading platforms like Arbitrum and popular JP artists.

https://medium.com/@moontouch/welcome-to-moon-touch-118c24bb9145

$MTS is the core currency used in the game, which can be used for various functions in the game.
$MTS can be used to upgrade fairies.
$MTS can be used to restore the durability of fairies.
$MTS can be used to purchase fairies or blind boxes in the game market.
$MTS can be exchanged for corresponding USDT to your transaction wallet
$MTS can be withdrawn to your wallet.

Utility

Moontouch Token $MTS is a unique cryptocurrency with multiple use cases, making it a promising investment for crypto enthusiasts.

$MTS token will be given governance rights, allowing holders to participate in the decision-making process for the MoonTouch platform. This feature ensures that our community has a say in the future development of our platform

$MTS LP will be available for users to form liquidity pools and earn yield farming rewards. This feature allows users to earn additional tokens by providing liquidity to the $MTS token

$MTS token can be staked to earn $LFG and other tokens. This feature offers users additional earning opportunities by staking their $MTS token

IDO Key Parameters

IDO Platform: https://app.lfgswap.finance/ido

IDO Time: Apr 25th at 11:00 UTC — — Apr 26th at 11:00 UTC

Amount of $MT allocated to IDO: 5,000,000 $MTS

Quota: 10 $USDT — 2,000 $USDT

Total raise: 100,000 $USDT

Trading time: Apr 26th at 11:00 UTC

Trading tex: Sell tax 0%, Buy tax 0%

Release Schedule:100% of the tokens will be released immediately when trading starts

Value: 1 $MTS = 0.02 $USDT

Initial circulation: 10,200,000 $MTS
5,000,000 $MTS For IDO
5,000,000 $MTS For Liquidity
200,000 $MTS For Rewards

What is the so-called “Overflow” sale method?

The more you put in, the more you will get, and you’ll get back anything that doesn’t get spent.

In the “Overflow” method, users can commit as much or as little funds as they want to the IDO (within the determined range), and their final allocation will be based on the number of funds they put in as a percentage of all funds put in by other users at the time the sale ends.

Generally, users will receive back any unspent funds when they claim their tokens after the sale, more importantly, we have designed a new way for you to get fully involved, read on!

Referral Bonus

We decided to make this IDO an amazing journey you will never experience in any other launch.

Users who participate in IDO can refer their friends to gain extra $MTS rewards, which are claimable when trading starts.

Referral Bonus pool: 100,000 $MTS

Rewards allocation:

eg. The rewards allocation between Inviter & Invitee is 70% and 30%

Assume Alice invites Ben, Carol, and Denny to participate in the $MTS IDO, Alice gets 70% of the rewards and Ben, Carol & Denny shares the rest of the 30% rewards (proportional to their funds to the IDO), which can be claimed at the time of listing.

Ben also invites his other friends to participate in this IDO, at this time, more friends joined to share this prize pool, and their rewards keep accumulating.

Don’t get overwhelmed by all the numbers. No worry, your referral bonus will be calculated and displayed on the IDO page, LFGSwap IDO platform will do the maths for you!

From the above examples, it can be concluded that the more people you invite, the more rewards you will get.

Let’s fucking go!

Meet the Overflow IDO Yield Farming

Remember what we just said above? The fun just keeps escalating!

Once the funds are successfully committed, the Yield Farming pool on LFGSwap starts immediately, earning profits as an early bird.

The design aims to incentivize the users’ early commit behavior and build up a little bit more hype around this much anticipated IDO, leaving more time for referral activity and attracting more users.

In a word: The earlier the merrier!

The Yield Rewards can be claimed when trading starts.

Reward Pool: 100,000 $MTS

Conclusion

We’re thrilled to launch the $MTS token and offer our community a unique opportunity to invest.

The $MTS token offers various utility features and earning opportunities, making it a valuable addition to any crypto portfolio.

We look forward to welcoming new investors and expanding our community through this IDO launch. Stay tuned for more updates and announcements from LFGSwap

MoonTouch Official Link

Official Website: https://moontouch.io/
Twitter: https://twitter.com/MoonTouch77
Discord: https://discord.com/invite/moontouch

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LFGSwap

Bio: LFGSwap is a community-driven organization built to solve the liquidity problem ------ Offical website: https://app.lfgswap.finance/