SCOURGE x ASTRONAUT (FTM)
Yield farming optimizer on Fantom Opera Network
Astronaut is proud to announce our first IDO on FTM for Scourge Finance taking place on February 10th at 3PM UTC!
“Scourge Finance is a Yield Optimizer Platform that allows users to stake LP-Tokens issued from AMMs (Automated Market Makers) / DEX (Decentralised Exchange) in Scourge Vaults, which automatically harvest and re-stake their rewards as LP-Tokens for a compounding effect. With the ZERO fees from Deposit/Withdraw helping users harvest more rewards automatically with the ease of mind from Gas Fees.”
What make Scourge different from other yield optimizers on Fantom Opera?
Scourge.Finance has 2 tokens $LICH and $xLICH both have their own unique tokenomics. You can read more in each token’s Gitbook attached below :
$LICH : https://the-scourge.gitbook.io/the-scourge-finance/tokens/lich
$xLICH : https://the-scourge.gitbook.io/the-scourge-finance/tokens/xlich
$xLICH (top) and $LICH (bottom)
There is a 4% Performance fee on Farming Rewards, but ZERO fees to the treasury/dev wallet. Fees are split into the following:
- 2% to buy $LICH and redistributed back to $LICH buyback pool.
- 1.8% reward tokens will be remain and reward $xLICH pool stakers.
- 0.2% for the automated function that calling the harvest.
“In Scourge Finance we not only compound your assets, but we give out incentive in $LICH to either reward you in terms of profits (you may sell it for direct profits if you want to, but we do not recommend it as $LICH can bring you unlimited passive income) or you can see higher APY daily or per year.
How Do We Use $LICH?
$LICH is Scourge Finance’s native token with the utility to generate more income and its store value.
- You can stake $LICH in “Stake LICH” pool where you can redeem $xLICH in order to redeem more $LICH over the time. (please check out our “Stake LICH” site to understand how the ratio of redeeming more $LICH will keep going up)
- Users will need to hold $LICH to buy our “Sentinel VS Scourge” (P2E NFTs) to participate in our game. (Note : We are progressing with our NFT designs. As soon as completed, we will have another medium to update about the test and launch)
- Between Q1 — Q2 2022, if the community growth continues, $ARTHAS will be launching. (Concept token now, but will create huge buyback for $LICH overtime)
- In Q2 we will have our own launchpad where $LICH will be needed for users to hold to qualify in a tiered presale program.
- In Q2 as well we will have our lending protocol test and mainnet where $LICH will be our utility token across all of our platforms.
How Do We Use $xLICH?
- $xLICH acts as a receipt token. You can stake $xLICH to earn more $LICH in “Vaults Tab”.
- $xLICH can also stake in “Stake LICH” pool for other protocol token such as $dKNIGHT, $BOO and many more protocol partnership’s token.”
Astronaut x Scourge Finance IDO Details:
🚨Astronaut will be launching Scourge on February 10th at 3PM UTC🚨
👉WHITELIST giveaway HERE [(NOT LIVE YET, STAY TUNED)]. You don’t need to hold NAUT if you win. This is for the whitelist round.
💰Scourge x Astronaut Raise Amount: $75,000
💰Astronaut Tier Contribution:
Moon — ?
Mars — ?
Star — ?
Galaxy — ?
👉Minimum contribution per wallet: No minimum
👉$LICH IDO price: $2.00
👉$LICH listing price: $2.50
👉 Total Raise Amount: $300,000 (75k Astronaut, 150k Undead, 75k Private Sale)
💰Vesting: 100% TGE
FIRST ROUND : WHITELIST
✅ALL THE WHITELIST WINNERS CAN CONTRIBUTE FROM 3:00 PM UTC TO 3:30 PM UTC. (Guaranteed allocation.)
SECOND ROUND: ASTROSHOT
✅ANYONE HOLDING A $NAUT TIER IN WALLET CAN CONTRIBUTE FROM 3:30 PM UTC TO 4:00 PM UTC. (FCFS, allocation not guaranteed.)
THIRD ROUND : ASTROROCKET
✅ONLY HAPPENS IF HARDCAP DOESN’T FILL IN ROUND 2. REMAINING $LICH WILL BE PUT ON PUBLIC SALE FROM 4:00 PM UTC TO 5:00 PM UTC. (FCFS, no NAUT required, anyone can participate.)
⚠️Claiming will be open on the same page you bought (please claim your tokens within 1 week of the IDO)
🚀 Initial listing on launch on Dark Knight — https://darkdex.knightswap.financial/#/swap
💰POOLS & FARM will be available on Dark Knightswap after launch.
Join the Scourge!
Telegram : https://t.me/TheScourgeFinance
Discord : https://discord.com/invite/FmnMPDjqpF
Announcement Channel : https://t.me/scourgefiannouncement
Twitter : https://twitter.com/thescourgefi