Wall Street Bets Chooses BSCstarter for Highly-Anticipated Token Launch $WSB
$WSB is inspired by the Wall Street Bets movement & seeks to remove the advantage of closed-door institutions, returning control to the public.
The Wall Street Bets brand, although established years ago, experienced an unprecedented parabolic rise in awareness following a similar climb in the GME stock price. And today, the Wall Street Bets and its crypto focussed sister-group Satoshi Street Bets, have a combined Telegram community of over 142,000 people.
Wall Street Bets represent the antithesis of everything the current financial system, Wall Street, and financial elites embody. Privacy is respected, information is shared, and financial tools that are equally available to all are promoted.
And it is on this common, decentralised ground that we here at BSCstarter and Wall Street Bets Head recognised a promising partnership for their hotly-anticipated IDO of the $WSB token.
The $WSB Ecosystem
$WSB DAO will be the governance token of the entire Wall Street Bets ecosystem. At the heart of this ecosystem is the WSB DApp, a community-owned and operated decentralised version of r/wallstreetbets.
Essentially a DeFi protocol, the WSB DApp utilises key blockchain infrastructure such as MetaMask, $USDC, and Synthetix, with the aim of solving the problem of fees and market manipulation that have solely benefited centralised financial institutions on Wall Street and the traditional world of finance for the past hundred years.
What are the instruments of this initiative? ETP’s or Exchange Traded Portfolios™. 100% blockchain assets traded 24/7, t0, borderless, self-custodial, instantly redeemable, liquid, and completely fungible.
$WSB DAO token holders will have the opportunity to vote on a regular rebalancing of the first ETP, WSB YOLO Stonks, with more ETP baskets to follow.
For example, $WSB holders can decide whether TSLA should make up 90% instead of 10% of a WSB ETP, simply by voting on it. Votes take place before the timer runs out each rebalancing cycle and are weighted according to the size of an individual’s $WSB holdings.
A partnership with $ZERO Exchange has already been announced, and there is much more in the pipeline for $WSB including yield farming and community hosted pools, allowing token holders to benefit from marketing partners that choose to align with Wall Steet Bets.
Private round (Vested): 150 million tokens.
Vesting: 10% at TGE, 15% month 1, 25% per q after
Public round 1 (No vesting): 75 million tokens at $0.015
20% Pre-Sale — Operations/ETP & contract liquidity
— 15% private sale (vested)
— 7.5% public sale
20% BSC liquidity
10% BSC rewards
10% Marketing/Communications (vested, 10months ie 10% per month)
2.5% Airdrops/Contest — BSC partnerships
10% team (vested, 10months ie 10% per month)
10% dev (vested, 10months ie 10% per month)
Start date: 14:00 UTC 20th April 2021
Guaranteed Allocation: Yes, for 5 minutes. First come first served 14:05 UTC.
Softcap: 100 BNB
Hardcap: 1200 BNB
Minimum contribution: 0.0010 BNB
Maximum contribution: 0.46 BNB
IDO price: 0.0000280 BNB/Token
Listing price: 0.0000350 BNB/Token
Liquidity allocation: 20%
Liquidity locked: 60 days
Find out more…
Wall Street Bets
Wall Street Bets Telegram: https://t.me/wallstreetbets
Satoshi Street Bets Telegram: https://t.me/satoshistreetbets
✉️ Telegram: https://t.me/BSCstarter
🐦 Twitter: https://twitter.com/BSCstarter
🔊 Announcements: https://t.me/BSCstarter_announcements
🚀 START Contract: https://bscscan.com/token/0x31d0a7ada4d4c131eb612db48861211f63e57610
Secure community governed token presale platform for #BinanceSmartChain $START https://BSCstarter.finance