Token Launch and the next steps
Last week was a wild ride.
After weeks of preparation, we were able to launch our presale. The only problem was that the same day we launched, the market did a reversal and there was a lot of red on the table.
That negatively impacted our presale and we weren’t able to hit the soft cap that we’d set. Undaunted, the team decided to adjust the presale parameters allowing people to contribute larger amounts and smaller amounts. Additionally, we reduced the soft cap a bit.
On the second go around, we hit our hard cap in less than an hour. We let the presale timer run out and eventually launched on Pancakeswap where it’s still available until now (but you knew that already).
What are the next steps?
That’s a very good question.
There are a million and one things that we could and should be doing — right? Of course, there should always be more marketing and more features, and more this or that. We’ve decided to let our product do a lot of the talking.
Instead of going out there and shilling from every corner of the globe, we’ve decided to prioritize a product that people actually love.
That means it may take us a bit longer to do specific things because we want to ensure they’re working well, are easy to use, and help you achieve what you set out to do.
Pools and farming
You may already be familiar with how to use pools and what farming entails. That’s the first product we’re going to send live. We’re putting the finishing touches on the contracts to make sure the functionality is seamless. After that, you’ll see it live on our website.
Lottery
Who doesn’t love a good lottery — right? This is the first step in bringing our winnings aspect to life but decided to do it much earlier than the rest of the casino. You can use GROVE to buy tickets and win big. Of course, you can have multiple entries into the lottery so stay tuned for that.
Once the pools and farming are available, the lottery will be launched next. Each lottery can have multiple winners so the pot is spread around which means you have a higher chance of being one of them.
NFT boost
Right after the lottery is the NFT boost. Not buying and selling NFTs in our marketplace — that’s coming soon but isn’t quite ready. Instead, the NFT boost allows you to buy NFT that we’ve already created which will give you a boost in the farming/staking.
Note that the NFT needs to be burned in order to get the boost. So, you’re either collecting the NFT or you’re burning it for more rewards in your investment — your call.
That’s what we’ve got planned over the coming weeks. Stay tuned by joining the Telegram channel https://t.me/orangegrovedefi and make sure you HODL.
