YFX token launch schedule: IDO — LBP — DEX
Period:May 6th-May 9th!
IDO (May 6th — May 7th)
On May 6th, YFX will start IDO (Initial Dex Offering) on 2–3 platforms (on Ethereum and Heco Chain). Investors participating in YFX IDO need to be whitelisted in advance on the platform. The list of IDO platforms and participating tutorials will be announced in the official channels in advance. Please stay tuned!
LBP (May 7th — May 9th)
YFX token will be deployed to Balancer’s Liquidity Bootstrapping Pool (LBP) on May 7. Investors will be able to purchase YFX after opening LBP which is open to all investors. Investors participating in LBP do not need to be whitelisted. The address of LBP Pool will be announced in the official channel in advance.
Platform URL: https://balancer.finance
Note: LBP uses a variation of Dutch auction and reverse auction. At first YFX token will be set at a high price and if there are no buying orders, the price of YFX token will keep decreasing with time. Please make sure you are familiar with the auction rule first!!!
Launch DEX (May 9th)
After LBP, YFX Token will be released. YFX will Launch DEX on May 9th and investors will be able to trade freely at that time. YFX token will be fully priced by the market!
NOTE: All the information will be released in official channels!
About YFX
YFX.COM is a cross-chain decentralized perpetual contract platform based on Ethereum, Binance Smart Chain, Huobi Ecological Chain, TRON, OKEx public chain, and Polkadot. It provides up to 100 times the perpetual contract trading BTC, ETH and other assets. Different from the common automatic market maker model (AMM), YFX.COM adopts the QIC-AMM market maker pool trading method to provide users with high liquidity and low trading slippage. YFX.COM has successfully supported layer2’s perpetual contract trading function. YFX.COM’s goal is to build a DEX that can compete with CEXs on the derivatives trading track.
YFX official contact information:
Website: https://www.yfx.com/
Twitter: https://twitter.com/YFX_COM
Medium: https://yfxdefi.medium.com/
Telegram: https://t.me/YFX_COM
Discord: https://discord.gg/xwAtjpabC5
Media Contact: media@yfx.com
