Hello Dragons,
Our Token Generation Event (TGE) concluded successfully last week. We want to thank all the community members for participating in the event. In this article, we want to give a recap with some statistics that the community might find interesting.
TGE Stats 📊
Here are the top line stats:
- Total 1,915.41 ETH contributed (30% above the max cap)
- 1,279 Wallets participated (1,688 Transaction)
- Mean contribution / wallet = 1.50 ETH
- Median contribution / wallet = 0.19 ETH
Of all the wallets that contributed,
- 83.3% (1,066) contributed < 1ETH
- 11.4% (146) contributed 1–5 ETH
- 2.3% (29) contributed 5–10 ETH
- 3.0% (38) contributed 10+ ETH
However, if we look at the value contributed,
- < 1 ETH segment contributed 13.2% (253 ETH)
- 1–5 ETH segment contributed 17.0% (325 ETH)
- 5–10 ETH segment contributed 10.4% (198.88 ETH)
- 10+ ETH segment contributed 59.4% (1,138 ETH)
Top 50 wallets make up for 64.8% of the total contribution
When we look at the contribution timeline, we see two major clusters of contribution: right after the TGE started and towards the end of the TGE. The first group is likely participants who have allocated a specific budget to acquire $HMX regardless of the token price. Because we have set a max. cap, these participants are likely to be comfortable with the max FDV and so they participated early. The second group wanted to wait for more information before contributing, since there was no cost for them to wait given our TGE structure. Closer to the end, they then had more info on the event’s traction as well as how much they should contribute to acquire the desired amount of HMX.
Interestingly, we see that after the 1,500 ETH cap is reached, a lot of the contribution still came in came after. Some of the transactions in this period also came from the existing contributors, suggesting these users likely had a target number of tokens or % holdings in mind and added additional contribution as to not be diluted.
Check out the TGE stats dashboard made by our intern here.
Trading HMX 🚀
HMX is now available for trading on UNIv3. We will be allocating 10% of the esHMX emissions to liquidity providers of the HMX-ETH 0.3% pool.
The emission will start on August 10th. see more details here.
Here are some links that might be of interest to you:
Contract Addresses:
Price Charts:
HMX Supply 💰
TGE makes up 8% of the total HMX supply. After the TGE, HMX circulating supply will slowly increase according to the emission and vesting schedule. However, all incentive emissions must be linearly vested over 1 year before becoming liquid. And other vesting schedules range from 24–48 months with a 6-month initial lockup. Learn more about our tokenomics here.
For complete transparency to the community, we are sharing the relevant locked / vesting transactions below:
- Seed Liquidity in the HMX-ETH pool (1 year): Link
- Private Sale (6 month cliff, 18 months vesting): Link
- Team (6 month cliff, 42 months vesting): Link
Official HMX Links 🐉:
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