Details of the $RONIN Presale

RoninFinance
3 min readJan 15, 2022

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The full supply minted will be 200,000 $RONIN tokens not accounting for LP needs

Holders of Ronin Club NFT will get a higher allowance, less vesting and more advantages in the marketplace and future deals. The NFTs are mintable here at a price of 0.8 AVAX per NFT. You may mint some for you and your friends if you so wish, but holding 2 NFTs will not give you more benefits than holding 1.

The Ronin DAO presale will take place on the 14th of February with 400 whitelisted addresses, a minimum allocation of 100 MIM and maximum allocation of 1500 MIM (or 300 RONIN) for regular Whitelists and 2000 MIM (or 400 RONIN) for Ronin Club NFT holders. With the goal of raising 400 000 MIM that will be used as such :

. 150 000 MIM or more to serve as initial liquidity for the MIM/RONIN pool on Traderjoexyz

. 200 000 MIM to serve as backing for our token

. 50 000 MIM or less to ensure the development and marketing needs of the project, as well as integration to chainlink feed and pre-launch partnerships

The funds will be on a 3/3 Multisig wallet with Muzann_ ensuring their safety. His signature will be imperative for any move we want to make with the funds. As a condition he has stated that the decision to move Reserve Tokens to the Treasury should be subject to a community vote on Snapshot.org. A vote might be held.

The normal launch of the project will carry on if 50% of the funds are raised during the private or public presale.

80 000 RONIN tokens will be mintable starting from the 14th of February at 10 P.M U.T.C until the 15th of February , there will then be a public presale for our Discord members at a starting price of 8 $MIM per $RONIN with a lower minimum allocation.

Once we reach our goal. You will be able to claim 20% of your bought RONIN every day for the next 5 days. If you own a Ronin Club NFT you will have the right to 25% every day for the next 4 days.

Public Launch

Once we reach our goal, we will give the community a 24 hour window to ensure all information is transmitted safely, with the approval of our community we will validate three transactions :

  • Creating a MIM/RONIN liquidity pool on Traderjoe.xyz after which we will allow claiming of our token
  • Transfer of marketing and development funds, including all Multisig fees. Marketing funds will be transferred to the treasury until they are utilized, we will be amping up the partnerships in those 24 hours to ensure a healthy pump during the Public Launch
  • Transfer of Treasury funds and LP points

We will unpause transactions for RONIN at a specific time that will be communicated clearly to the community and respected by the team.

The initial price for RONIN at the presale will be 10 MIM, but it will be subject to market offer and demand.

Staking $RONIN

Staking should be available on the day of the public launch, with a boosted early APY as a little treat for our beloved early holders which should run for at least 6 rebases.

Check out the Roadmap for Ronin DAO, we’ve planned much more than a simple reserve currency protocol.

Contact us on Twitter or Discord

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RoninFinance

Building $RONIN, a decentralized reserve currency on the #Avalanche blockchain.