2021-04-15 15:32:42
Uniswap Early Calls Access #104 Benqi Finance
Telegram: @BenqiFinance
Introduction:
Through BENQI, Avalanche users will be able to earn interest on their assets, obtain credit through over-collateralized loans and earn QI governance tokens as rewards for providing liquidity on the protocol and Pangolin.
Visit https://benqi.fi and Medium to learn more.
Key metrics:
• Hardcap: ~$10.1M
• Initial marketcap at TGE: ~$3.2M
• Seed: $0.003 (Monthly vested over 24 months)
• Private: $0.0055 (Monthly vested over 12 months)
• Public A: $0.0075 (Raise: $3.294M) (Monthly vested over 12 months)
- Min/max cap: $500/10,000
• Public B: $0.0090 (Raise: $583k) (100% unlocked)
- Min/max cap: $100/2,500
Due diligence:
• We are investors in the private round.
• Impressive list of backers include WeakSimpCapital, Ascensive Assets, Arrington XRP Capital, Dragonfly Capital, Mechanism Capital, TRGC, Woodstock Fund, Spartan Group, Ava Labs, Morningstar Ventures, GBV Capital, Moon Inc, Genblock Capital, Rarestone Capital, and Skynet Trading.
• These notable strategic investors will assist Benqi in its initial bootstrapping phase & cross-chain integrations with key projects.
• Moderate initial marketcap of ~$3.2M to start, matching the overall proposition of the project's value; with room for potential upside at listing.
• Good marketing coverage of the project by notable KOL's.
• Mainnet launch in May.
How to participate:
1. Benqi public sale on Tokensoft: April 28.
2. Registration begins today on Tokensoft, April 15th, 4PM UTC. (Public Sale Registration)
Stay tuned at our TG for more news:
Benqi Finance: @BenqiFinance
UniswapEarlyCalls: @UniswapEarlyCAlls
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