Hello, Velcrew mates!
We are so excited to share the details about the upcoming Velocore private presale. We have provided many details about the presale in our previous announcement, but we understand there might still be some lingering questions. Let’s dive into the details of Velocore’s journey, including the private presale!
Private Presale Overview Launchpad Date & Time
- Platform: https://app.velocore.xyz/launchpad
- Start of sale : 3rd April 2023–8pm UTC
- End of sale : 4th April 2023–8pm UTC
- Duration : 24 hours
- Format : Overflow Farming Method
- Hard cap : 90 ETH (4,350,000 VC token | 7.25% of total initial supply)
- Price: 0.0000207 ETH per token
- Individual cap : 0.001 ETH — 2 ETH
- Overflow Farming Pool: 100,000 VC token
- IDO contract: 0xfF83bdF2d9CBda96EAA8190473dC8AA48BB1FF36
There are no changes from our previous announcement. The private presale does not have a soft cap, and each account can participate for up to 2 ETH.
Important note: Velocore’s Overflow Farming Method is similar to the standard overflow method in every aspect, except that it offers token participation rewards to early participants!
After the Sale
- Private sale participants can immediately retrieve any remaining ETH due to the overflow method after the 24-hour private sale has ended. Please collect your ETH from the private sale page.
- $VC tokens can be redeemed after the public sale has ended. After the public sale, please claim your $VC tokens from the private sale launchpad page. If you participated in both the private and public sales, please claim separately from each respective claim page.
- The official Velocore pool will open, and emission will begin 3 hours after the public sale ends (6th April 2023–0am UTC).
Important note: There will be no $VC emission in the ETH-USDC pool used for participating in the POAP Airdrop Event. To receive token rewards, please remove your staked LP from the event pool and stake it in the new pool that will open at launch.
Initial Liquidity Supply
As the presale approaches its conclusion, the initial liquidity supply will be set at 105% of the public sale. A total of 9M $VC tokens will be supplied with 216.41ETH (when both hard caps for private and public sales are 100% achieved).
What about the POAP Airdrop Event?
As previously announced, the POAP airdrop will take place after the official launch. After the public sale, our priority is to focus on smooth service operations. As soon as stable operation is assured, the Velcore team will evaluate the POAP eligibility of participating Velcrew members. The Velcore team will make every effort to process the vested $VC token rewards, which will take place with the POAP claim. Our goal is to proceed as quickly as possible, but there may be unforeseen variables. If there are any issues, we will make sure to announce them through our community, as we always did.
The support and interest of our Velcrews have always been a great help while preparing for Velocore’s launch. We will always strive to be the best ve(3,3) DEX in the zkSync era ecosystem, working closely with our community. Look forward to many hidden and exciting events to come!
Velocore Team
Resources
Website: https://velocore.xyz
Twitter: https://twitter.com/velocorexyz
Discord: https://discord.velocore.xyz
Medium: https://medium.com/@velocorexyz
Official Telegram: https://t.me/velocorexyz
Official Docs: https://docs.velocore.xyz/
Be The Core, Velocore
