YFX Token Launching Phase 2-Balancer+LBP

YFX Token contract address on each blockchain:

ETH 0xf55a93b613d172b86c2ba3981a849dae2aecde2f
BSC 0xf55a93b613d172b86c2ba3981a849dae2aecde2f
Heco 0xf55a93b613d172b86c2ba3981a849dae2aecde2f

Total supply of YFX Token:100,000,000

YFX Token Launch Schedule: IDO — LBP — DEX

Date: May 6th — May 9th!

Phase2: LBP — — Balancer LBP(May 7th-May 9th)

  1. On May 7th 10:00 AM (UTC), 250,000 YFX tokens will be allocated to Balancer’s Liquidity Bootstrapping Pool (LBP).
  2. The LBP will last 48 hours and will end at 10:00 AM (UTC) on May 9th.Note that the proportion of the Balancer pool will be dynamically adjusted.
  3. This LBP is open to everyone.
  4. Please note ⚠️: Balancer LBP is different from ordinary Balancer pools. In order to prevent bot interference, pre-running and speculation, the initial price will be set at a high point.As time goes by, the price will automatically decrease according to the program design.
  5. Investors please refrain from FOMO, invest rationally. ⚠️⚠️⚠️

The figure below shows that the proportion of YFX:USDC pool will gradually decrease from 90:10 (the price of YFX is higher at this time) to 35:65 (the price of YFX is relatively low at this moment) within 48 hours, and the final price is $1.08/YFX.

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!!!

Details: https://docs.google.com/spreadsheets/d/1Izg48cqiv5BOWy9HV61MyjQUDRs1BTm5EdFm047esAc/edit?usp=sharing

LBP core data are as follows:

NOTE: This LBP will be on ETH, YFX Token contract address: 0xF55a93b613D172b86c2Ba3981a849DaE2aeCDE2f

LBP Pool address: https://pools.balancer.exchange/#/pool/0x41f4080ea71ae96002f4c7287e0dee09c364e19c/settings

Purchase Step:

1. Deposit USDC to your wallet. At least make sure that you have a small amount of tokens left in your wallet as gas fee.

2. Connect your wallet. (We suggest using MetaMask)

3. Follow the instructions to complete the purchase. You will get YFX Tokens after you complete the purchase.

Important Notice:
In this LBP auction, the price is preset at a higher position. If you think the price is too high, please wait until the price is reasonable for you before buying.
In this auction, the price will gradually decrease when there is no purchase or there are few purchases.Users are requested to invest rationally, and please refrain from FOMO!!! ⚠️⚠️⚠️
Again,the starting price is not the final price of YFX.

YFX.COM IDO opened IDO at Bounce and WeStarter on May 6th.The WeStarter whitelist pool was completed within 30 seconds.The public pool participation amount exceeded 138 million US dollars, exceeded 2764.43 times.

About YFX

YFX.COM is a cross-chain decentralized perpetual contract platform strategically invested by NGC, SNZ, DFG, LD and so on. It is based on ETH, BSC, Heco, Tron, OKExChain, and Polkadot providing 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_Defi

Medium: https://yfxdefi.medium.com/

Telegram: https://t.me/YFX_EN

Discord: https://discord.gg/xwAtjpabC5

Media Contact: media@yfx.com

DEX offer 100x trading leverage at yfx.com