As the countdown to Lynex’s eagerly awaited launch ticks away, we are excited to share the intricacies of our meticulously curated launch strategy, designed to make a splash in the DeFi world. Our series of Initial DEX Offerings (IDOs) across esteemed launchpad partners like Decubate and DAOMaker signifies our strategic initiative to integrate Lynex within these vibrant communities. To further celebrate our journey and acknowledge the unwavering support of our early backers, we are thrilled to announce an exclusive public sale on the Lynex platform itself.
Dates: 7th February, 12UTC to 14th February
Total Allocation: $350,000
Price: $0.06
Vesting: 20% at TGE, then 20% per month
Dates: 12th February, 11UTC to 14th February
Total Allocation: $250,000
Price: $0.06
Vesting: 20% at TGE, then 20% per month
Dates: 12th February, 11UTC to 14th February
Total Allocation: $50,000
Raise Token: USDC
Price: $0.06
Vesting: 25% at TGE, 25% locked in veLYNX (6-month duration), 25% locked in veLYNX (12-month duration) & 25% locked in veLYNX (24-month duration)
We’re excited to host an exclusive IDO sale directly on our website, specially tailored for our dedicated community. This initiative underscores our commitment to inclusivity, offering our steadfast supporters the opportunity to participate without the prerequisite of holding specific launchpad tokens.
The sale kicks off simultaneously with Decubate, set for the 12th of February at 11UTC.
Structured in two distinct phases, the sale will unfold as follows:
Whitelist (WL) Round: A dedicated 12-hour window exclusively for our early supporters with WL, ensuring they get priority access.
Public Round: Following the WL round, this phase opens up to the broader community, operating on a first-come, first-served basis.
As mentioned before, this sale is exclusive, with a carefully allocated $50,000. The limited nature of this allocation stems from our commitment to balance our resources, giving priority to our launchpad partners.
Distinctively, our vesting schedule sets us apart, potentially offering an edge over traditional launchpad sales. While launchpad sales typically release 20% at TGE followed by monthly distributions, our structure is a balanced 25/25/25/25 split:
25% available at TGE
25% locked in veLYNX (6-month duration)
25% locked in veLYNX (12-month duration)
25% locked in veLYNX (24-month duration)
This innovative approach ensures participants can claim their entire allocation at launch — 25% in liquid tokens and 75% as veLYNX. This unique distribution not only secures your investment but also empowers you with veLYNX’s voting capabilities for weekly gauges, offering a share in trading fees and bribe rewards.
For those new to this concept or seeking more insights, we encourage you to explore our documentation or watch our explanatory video for a comprehensive understanding.
Engage with our active WL campaigns now and guarantee your participation in Lynex’s transformative journey! Check our discord and twitter for more information.
After the public sales conclude, we’ll move into our Token Generation Event (TGE), CEX listings and initiate Epoch 0 on February 15th.
Listing on CEX will occur at 12:00 UTC
DEX Liquidity added at 12:10UTC
Claim on chain at 12:15UTC
As Epoch 0 ticks over to Epoch 1, get ready for a flurry of activity! This phase marks the start of rewards and bribes flowing throughout the Lynex ecosystem, with selected protocols receiving their veLYNX allocations and sparking the excitement.
The community airdrops will occur in Late February! A claim portal will be launched, and we will start to welcome eligible community members from Thena, Velodrome, Aerodrome, Retro, Equalizer, and Ramses into the Lynex ecosystem.
Over this launch period, we’ll continue laying the groundwork for a series of robust partner integrations, set to elevate the Lynex experience to unprecedented levels. Stay tuned as our full long-term roadmap is still coming!
So, mark these dates, and get ready to be part of this thrilling narrative. This is merely the opening chapter of a long and prosperous journey on Linea.
Website: lynex.fi
Twitter: https://twitter.com/LynexFi
Discord: https://discord.gg/wNsjGx7x
Telegram: https://t.me/lynexfi