# $BAE Presales Token **Published by:** [MyCopilot Bae](https://paragraph.com/@mycopilotbae/) **Published on:** 2023-05-22 **URL:** https://paragraph.com/@mycopilotbae/bae-presales-token ## Content This article goes through the details of fundraising for the next phase of Project BAE - $BAE Defi tokens. My Copilot Bae is a community-driven project and this structure helps us to ladder unto the each round on the roadmap whilst growing the community and utilities/ revenue.$BAE token will be on Arbitrum.Maximum utility considerations beginning from low gas feesGamification of Bae Waifu NFTs (staking/ unstaking)Burn mechanism on the PVP staking transactionsBurn mechanism from upgrades of $BAE WaifusBeginner-friendly towards web3 newcomers and building (see our goals manifesto)Further utility for web3 OnlyFans/ creator marketplace$2.4B TVL on Arbitrum can’t be wrong$BAE DEX Token Details25M maximum supply61% for emission/ LP incentivesLocked staking to incentivize staking vs rewardsSwap fees as yield for Bae Waifu NFT stakersGamification of Bae Waifus + Creator marketplace to further $BAE token usageThere are a total of 4 rounds for community to onboardThe ideal scenario is to benefit the community in terms of optimal price action, anti-dumping but yet enough incentives for investor to come onboard.Genesis - Preseed (Open to Bae Pass Holders) - $0.12/ $BAEBae Waifu NFTs - Seed round from NFT sales - $0.17/ $BAEPrivate Sales (Woke Captains NFTs Holders only) - $0.24/ $BAEPre IDO Pinksale (Mixed) - $0.35/ $BAEIDO (Public round) - $0.5/ $BAEToken unlock10% TGE, 2 Mth Cliff, 40% unlocked over 5 months, 50% as xBAEThis applies for community roundsQuick reference on the roadmap we’re building towards. Read Bae Paper for details1) Genesis: Seed roundObjectivesFund marketing of Bae Waifu NFTs sales (3,000 supply)Platform to gather OG Founding Captains and community growthToken unlockRaise 12,000 at $0.1220% TGE, 2 Mth Cliff, 80% unlocked over 12 weeksOption for liquidity providers to:Sell - Project buyback tokens at 30% premium (smart contract to be created to enable this option to be exercised)Follow token vesting schedule above2) Bae Waifu NFT Sales roundSupply: 3,000 Target Raise: 100-120 ETH3) Private Sales (Woke Captain NFT Holders)This is a supplementary round for Woke Captain NFT holders. Community feedback is that this adds utility to the collection and is inclusive for Pioneer Captains who came in early in Baeverse. At least before the public. Up to $50 per NFT, $0.24/ $BAEMaximum raise: $62,85010% TGE, 2 Mth Cliff, 40% unlocked over 5 months, 50% as xBAE4) Pinksale Pre-IDO (Mixed round)This is an optional round tabled in, as it allows for project marketing exposure out to non-NFT public. Our goal is to reach a mixed audience to optimize the outcome favorably. Pre IDO Pinksale (Mixed) - $0.35/ $BAE Target raise: $50,000 Max.5) IDOPlatforms we are looking to launch: DAO Maker/ launchpads within the Arbitrum ecosystem. This final round puts the project on theIDO (Public round) - $0.5/ $BAETarget raisexBAE (Staked $BAE)Up to 50% of $BAE will be unlocked as staked $BAE This promotes an anti-dumping mechanism to protect price action for investors regardless of which rounds. Emission rates for xBAE will be advised on a seperate entry. We are looking at a locked staking mechanism with corresponding emission rates. Users will have the option to choose between the periods15/30/60/90 days ## Publication Information - [MyCopilot Bae](https://paragraph.com/@mycopilotbae/): Publication homepage - [All Posts](https://paragraph.com/@mycopilotbae/): More posts from this publication - [RSS Feed](https://api.paragraph.com/blogs/rss/@mycopilotbae): Subscribe to updates