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Cronos Presale (finished)
Details for the CADDY presale
There will be a presale on the Cronos network to seed initial CADDY/CRO liquidity on Cronaswap.
Liquidity will be added on Monday, November 22, 2021 at 15:00 EST/20:00 GMT.
Allocation: 1,000,000 CRO
Limit per wallet: 50,000 CRO
Minimum: None
Please note that the presale contract will only accept WRAPPED CRO (WCRO)
Returns:
- 100,000,000 CADDY tokens locked into the Lock Plus vault for 91 days and eligible to earn fee-sharing dividends, early withdrawal penalties, and grant the user boost points, which increase the amount of CADDY earned from normal vaults by up to 100%.
- 100,000,000 CADDY tokens locked for 6 months in another lock contract that will not earn rewards.
200 CADDY tokens are given per 1 CRO:
Please note that the Lock Plus vault will autocompound any earned CADDY back into the user's stake to increase the amount of CADDY they earn, like a normal vault contract.
This means that users will unable to withdraw any earned CADDY until the duration of the lock has finished.
A total of 200 million CADDY will be issued to presale participants.
In addition, 400 million CADDY will be distributed as initial Locked CADDY vault incentives, some of which will go to presale participants.
Intended Usage:
- 1,000,000 CRO and 100,000,000 CADDY will be used to seed the initial liquidity for the Liquidity Pool (Est. Value: $1,000,000). This will happen immediately after the presale is concluded.
- The LP tokens will be locked in the Liquidity Storage contract for 6 months and will not be used to farm rewards, which ensures that presale participants will not have their share of any liquidity incentives provided by external platforms diluted.
Last modified 7mo ago
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