Decentralized Exchange Launching on Boca Chica Mars — Jumbo Exchange. Private Sale for $HAPI Holders
We are ecstatic to announce that the 3rd project launching on Boca Chica is the most promising NEAR ecosystem project YET. NEAR Blockchain is ripe for growth and expansion however one invariable issue is the lack of the intuitive DEX experience that is powering the said development. Jumbo Exchange is the project that aims at rectifying this omission.
This round is specifically designed for the HAPI holders. This round indicates a private sale catered towards those in the HAPI community as a part of incentivization.
Jumbo Exchange
Fundamentally, Jumbo is an AMM DEX that offers a cheap, seamless, and unfettered way for anyone to trade on. By tradition, Jumbo also allows anyone to be a liquidity provider without convoluting or masquerading the mode by which any users are able to do so. Retrospectively considering some common in-design flaws of certain DEXes that by virtue of the intricacy of UX unnecessary complicate the methodology of asset-adding and/or liquidity providing, Jumbo takes under purview straightforward, automated modus operandi that preserves simple and straightforward nature. By design, Jumbo leverages Near’s architecture to fully realize the simplicity of developing, tuning, and processing that is inherently present on the Near Blockchain.
Tokenomics and Sale Details
Sale will follow the traditional schema designed for Boca Chica-launched projects.
There will be 1 Round:
- HAPI Round. 24th of November. Total HAPI Pool: 1000 HAPI or 50,000 USDT. Minimum and maximum amount per wallet 1 and 20 HAPI respectively. Subscription Model is used.
Reminder of what subscription round means:
Subscription Rounds essentially allows everyone to participate in the sale regardless of the pool exceeding the cap. Meaning that while the clock ticks you still can deposit and take part in the sale and receive allocation. However, the distribution and allocation of tokens will be proportional with oversubscribed, deposited tokens being returned after the sale.
NEAR Round will take place in the later part of December!
