Token Lock Strategy
This section presents our token lock strategy alongside our core approach of project-owned liquidity. By balancing short, mid, and long-term token locks, we aim to foster investor confidence and ensure project sustainability. 100% of the LP tokens will be locked at launch day. The token lock allocation will be modified as needed over time, as the project grows and its needs change.
Project-Owned Liquidity
Initial Treasury Ownership: The project's treasury owns the initial liquidity, aligning our goals directly with the project's success.
Sustainability Through Trading Fees: Generated trading fees will be reinvested into the project, ensuring long-term viability.
Growth with Popularity: As trading volume and token holder numbers increase, so too will the project treasury, creating a positive feedback loop for growth.
Token Lock Allocation
Mid-Term Lock (1 Month):40% for market adaptability.Note: This has been extended to 6 Months.Long-Term Lock (6 Months): 50% to show long-term commitment.
Token Lock Strategy with Specific Platforms
Mid-Term Lock with OnlyMoons:
For the 1-month lock periods, we will utilize OnlyMoons. This platform is selected for its flexibility and suitability for shorter-term token locks.
Update: The 1-month lock has been extended to 6-months.
Proof of lock on Onlymoons (Select Avalanche network): https://onlymoons.io/#/locker/search/0xb2E9ECf3D68dFc975286AAA926EF99F7C94b1683
Long-Term Locks with UNCX Network:
For the 6-month lock, we will leverage the UNCX Network. This choice is due to UNCX's robust security features and its reputation for long-term token locks.
Proof of lock on UNCX: https://app.uncx.network/amm/traderjoe-v1/pair/0x618D072008ECceddAc6031C7953E6d28C544c64C
This approach aligns with our project-owned liquidity model, reinforcing our commitment to sustainable growth and community trust. The choice of different platforms for varying lock durations ensures both operational flexibility and long-term security.
Usage of Unlocked Tokens
Operational Expenses: A portion will fund ongoing project development.
Community Incentives: Includes rewards, airdrops, and other community engagement activities.
Collaborations: Strategically allocated within the Avalanche ecosystem to support other projects
Feedback and Adjustments
We will actively seek and incorporate community feedback, ready to adjust lock periods if beneficial.
Transparent reporting on the use of unlocked tokens, ensuring accountability.
Commitment to Transparency
Regular updates on token status and decisions regarding relocks will be communicated through multiple channels.
We prioritize clear, consistent information sharing to build and maintain trust within our community.
This strategy integrates our liquidity model with the token lock approach, underscoring our commitment to both project sustainability and community engagement.
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