Hey Velcrew fam!
We’re on the cusp of launching Velocore V2 and can barely contain our excitement! Once the public sale wraps up, we’re diving straight into rolling out the full array of Velocore V2 features, including vote and bribe systems. Plus, we’re crafting some cool guides to help you navigate the fresh twists of V2 — so keep those eyes peeled!
In this article, we’ll delve into the specific details of the public sale once again. Consider this as the definitive version, encompassing all the information previously announced.
Public Presale Overview Launchpad Date & Time
- Platform: https://linea.velocore.xyz/launchpad
- Start of sale: August 23, 11:00 AM UTC
- End of sale: August 25, 11:00 AM UTC
- Duration: 48 hours
- Method: Overflow Farming
- Hard cap: 450 ETH (21,600,000 LVC tokens | 28.4% of total initial supply)
- Soft cap: 150 ETH
- Price: 0.00002083 ETH per token
- Individual cap: More than 0.001 ETH
- Overflow Farming Pool: 1,000,000 LVC tokens
- $LVC Claim
— 70% of $LVC will be claimable after the public presale
— 30% of $LVC will be linearly vested over a 2-month period, beginning at the end of the public presale - IDO Contract: 0xA0d4334152fDd9a8498ad97a67fBC3389814715c
In order to provide a more attractive sales opportunity and for the long-term perspective of the Linea ecosystem, the total number of tokens allocated for the sale has been adjusted. Consequently, there have been changes to the hard cap, aligning it with the hard cap from our V1 launchpad on zkSync. Please refer to our official docs for the updated tokenomics.
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
(Same as a private sale announcement)
- Immediately after the end of the private sale, participants can claim any unused ETH from the private sale page.
- After the public sale wraps up, LVC tokens can be claimed. If you participated in both sales, be sure to claim your tokens from each sale page.
- Do note that 70% of all LVC allocated in this sale will be available immediately, with the remaining 30% being vested over 2 months.
- After the public sale has ended, the official LVC pool will be launched, and emission rewards will begin.
Initial Liquidity Provision
(Same as a private sale announcement)
At the same time as the presale ends, the initial liquidity supply will take place, set at 105% of the public sale. A collective sum of 9.6M LVC tokens will be supplied with 210 ETH (0.000021875 ETH per token).
If the hard cap is not reached, liquidity will be provided in proportion to the number of LVC tokens sold from the presale allocation (If the 50% of LVC tokens are sold, then 105 ETH will be supplied with 4.8M LVC).
What about the NFT Airdrop Event?
(Same as a private sale announcement)
As previously announced, the NFT Airdrop event is scheduled to take place one week after the presale. We pledge our utmost diligence in ensuring V2’s seamless operation and the streamlined distribution of event rewards. Updates on NFT Airdrop will be reflected on the Airdrop page on Velocore V2, with our intention to expedite this process post-sale.
This is a wrap on our presale announcement! Big shoutout to all of you for being a part of this wild ride. We’re all ears for feedback and will keep pushing boundaries with your unwavering backing.
Cheers to more adventures ahead! 🥂
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
