Tyche Dex Warm-up phase

Following the announcement of the end of the testnet on June 16, we would like to provide an update on our launch:

• Evmos NFT: Sold out
• Zksync NFT: Ongoing
• NFT staking: Coming very soon
• Dex launch: Coming soon

But what is a warm-up phase? What is its purpose of doing it?

A warm-up phase allows us to achieve several things:

• Create liquidity on the Dex without diluting our $TYCHE token. The higher the available liquidity, the easier it is to distribute $TYCHE tokens correctly and fairly for LP incentive.
• Ensure the quality of our Dex and collect feedback from the community. This helps us make improvements and address any issues before the full launch.
• Attract new members to our community. The warm-up phase serves as an opportunity to showcase our project and engage with potential users and supporters.

By implementing a warm-up phase, we can establish much more interesting and tailored APRs to add value to our token instead of devaluing it directly.

This phase is important for long-term projects to ensure they create lasting value for the community and owners.

Of course, the goal of this warm-up phase is also to show you the initial benefits of your NFTs.

How will June unfold?

• Our mint will continue, and the end date will be communicated later. You can still mint here : https://omnisea.org/Tyche
• NFT staking on Evmos & Zksync will be available mid-June.
• The Dex, on the other hand, will be launched at the end of June (without the $TYCHE token).

What will you gain as an owner of TYCHE NFTs?

• Staking will allow you to earn $yTYCHE, which you can convert into $TYCHE upon token launch.
• A portion of the Dex fees will be directly redistributed to you.

What will you gain as a Liquidity provider?

• Trading fees from the Dex as first APR
• Participation to the Airdrop Phase 2

Sounds good, doesn’t it?

Remember, during the Warm-up Phase, there will be no incentive in $TYCHE tokens. The APRs will be generated from trading fees.

But how will you attract new users?

It’s quite simple.

Do you remember that our airdrop is divided into two parts?

• Phase 1 will be distributed after the token launch with the Initial supply
• Phase 2 distributed after the launch of the lending protocol.

• The first part (35.500.000 $TYCHE 71% of the initial supply) focuses on onboarding the Zksync and Cosmos communities, which is currently in progress.
• The second part (35.500.000 $TYCHE to make up to 14% of the overall supply) will be distributed to our Dex and Lending platform users.

People who participate in the Warm-up Phase will also earn $TYCHE tokens from the second Airdrop phase.

Total supply will be 500.000.000 $TYCHE :

• 14% for Airdrop Phase 1 & 2 : 70.000.000 $TYCHE
• 33% for LP incentive : 165.000.000 $TYCHE
• 12% for Staking rewards : 60.000.000 $TYCHE
• 15% for NFT lending : 75.000.000 $TYCHE
• 14% for the Team : 70.000.000 $TYCHE
• 6% for Community Pool : 30.000.000 $TYCHE
• 6% for Strategic Funds : 30.000.000 $TYCHE

Keep one thing in mind: The goal of our project is to create an ecosystem where our NFTs and our token have significant value.

Therefore, it is important to build solid foundations before releasing a token that may not have current utility. That’s why we will take our time.

To the question : When airdrop?

Our response will be: When everything is ready to bring you the maximum value, that’s all !

My dear airdrop hunters, if you want to take advantage of our ecosystem, you will have to work a little longer!