π§ Liquidity Pools
BLAZE/TITANX
In the first blazing 72 hours of our protocol's launch, we're fanning the flames of our Liquidity Pool. The fiery duel between TitanX and Blaze is set to light up the Uniswap V2 arena.
Protocol Launch and Liquidity Formation
The decentralized liquidity pool activates once $30,000 of ETH is deposited into the contract and will purchase $30,000 of TitanX paired with 14,000 Blaze tokens. The first 3 sets of 24 hours periods of the protocol is an auction for 26,000 Blaze Tokens (three days worth), followed by ongoing 24-hour auctions. The first tokens therefore are distributed 3 days after protocol launch. then each 24 hour period thereafter.
So the only way to get hold of Blaze tokens in first 72 hours is participate in auctions or buy them from the liquidity pool.
Details of the Liquidity Pool
The Liquidity Pool will be established with the following parameters:
Pair: Blaze/TitanX
Amount: $30,000 of TitanX paired with 14,000 Blaze
$Blaze Starting price
$30,520 / 14,000 Blaze = $2.18
Exchange Platform
Liquidity added to Uniswap V2
Liquidity Range
Full range LP
Liquidity Fees from V2
Goes to thickening the the TitanX/Blaze Pair on Uniswap V2.
Decentralized Process
The liquidity pool is formed in a fully decentralized way and the liquidity is burnt (more secure than locked liquidity).
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