Initial Discord Offering, V2 & Launch Details

The launch sale will take place from Dec 22nd 00:00 to Dec 29th 00:00

We have extended the sale period for 7 days to accompany those traveling during the holiday season.

Just to recap the launch sale:

* Only whitelisted members can buy aHUMP during this time.
* The sale price is $4 per aHUMP. 1 aHUMP = 1 HUMP.
* 50,000 HUMP offered to IDO participants to bootstrap the protocol
* Participants can only buy their pro rata share
* i.e. If 500 discord members are whitelisted, 100 aHUMP is the pro rata share.
* You must claim your share in a single transaction, anything unclaimed will be distributed to the shares of other users equally
* There is no minimum, only max cap.
* Redeem aHUMP for HUMP on the day of launch.

To participate in the IDO go to Whale.Loans/Presale

V2 Launch

As many of you know Olympus DAO has launched V2 of their protocol. We are excited to announce that we have also decided to launch with V2 contracts. The most beneficial improvement of V2 is the upgrade to the bond system. The biggest improvements are:

* Bond payouts are staked at the time of purchase — This means any discount greater than 0% will outperform staking.

* Bonds no longer vest linearly — This means bonders must wait until expiration in order to redeem rewards.

* Bonds can be fixed-term or fixed expiration — This means some bonds will have a set expiration date and some will expire in a certain amount of days regardless of when you bonded.

We couldn’t be any more thrilled by V2 as it vastly improves the mechanics of an already incredible system. The users and protocol will greatly benefit from this tremendous upgrade.

The Launch

We will officially launch on January 2nd 2022 at 00:00 UTC.

At this time Whale.Loans will be open to the public and anyone can bond or stake. Participants who received aHUMP will also be able to redeem their HUMP. To stay update on our launch, news and announcements visit:

Website: https://whale.loans
Discord: https://discord.com/rFzNx4wRtK
Twitter: https://twitter.com/whaleloans

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