Unveiling Project X: A Groundbreaking Journey on Mito Finance Testnet
Introduction:
Embarking on an innovative stride, Project X marks a significant milestone as the inaugural token natively minted on Mito Finance’s testnet. It’s crucial to emphasize that this launch is exclusively for testing purposes, with no real funds required. Your invaluable feedback is paramount in enhancing the Mito ecosystem further. Share your insights through this link and be part of shaping the future of Mito.
WAGMI! (We’re All Gonna Make It) — a rallying cry that resonates through the Mito community as we unveil the details of the TOTAL SALE.
Total Sale Overview:
Tokens Offered: 7,500,000.00 PROJX
Target Raise Amount: 761,296.29 INJ (equivalent to 12,750,000.00 USD)
Sale Price: 1 PROJX = 0.100 INJ
Maximum Contribution Per User: 500.00 INJ
Token Distribution:
Subscribers:
• 50% PROJX Token
• 50% PROJX-INJ-v1 LP Token
Project Owner:
• 50% INJ Token
• 50% PROJX-INJ-v1 LP Token
Stake INJ for Increased Subscription:
The subscription amount is dynamic, based on the staked INJ:
• 1 INJ staked allows a subscription of 1 INJ
• 10 INJ staked enables a subscription of 10 INJ
• 100 INJ staked opens the door to subscribe with 100 INJ
• 500 INJ staked grants the ability to subscribe with 500 INJ
Unlocking the Power of Mito Launchpad:
Mito Launchpad revolutionizes the process, empowering users to secure PROJX tokens before they hit the market. Simultaneously, it plays a unique role in bootstrapping liquidity for the PROJX/INJ market from the moment it goes live.
How It Works:
1. Subscription Phase:
• Users can subscribe to the undefined pool using INJ when the launchpad opens.
• INJ used for subscription is locked until the sale concludes.
• If the project achieves the minimum raise target, the sale progresses to the next phase.
• If the target is not met, participants can reclaim their subscribed INJ.
2. Claiming Phase:
• Assuming a successful sale, users can claim their Project X tokens.
• Users also receive LP tokens, offering flexibility to redeem them for PROJX and INJ or keep them in the PROJX/INJ market to earn yield.
Conclusion:
In essence, Project X on Mito Launchpad is more than just a token launch; it’s a testament to the collaborative spirit within the Mito community. Your engagement, feedback, and participation fuel the evolution of Mito Finance. Join us on this groundbreaking journey, secure your subscription, and be part of the thriving Mito ecosystem.
WAGMI! Together, we’re shaping the future of decentralized finance on Mito Finance’s testnet.