Merkle Trade Introduces Unique Token Launch Strategy

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Genesis Staking: A New Dimension for preMKL Holders
  2. Liquidity Bootstrapping Auction: A New Approach to MKL Token Pricing
  3. Choosing Your Strategy: Genesis Staking or LBA?


    4. Merkle Trade, the first gamified perpetual futures decentralized exchange based on Aptos, launches a Token Generation Event (TGE) featuring Genesis Staking and the Liquidity Bootstrapping Auction (LBA).

    Genesis Staking: A New Dimension for preMKL Holders

    Genesis Staking allows preMKL holders to earn USDC rewards while retaining their MKL tokens. These rewards come from a portion of the protocol’s revenue, and include access to a special reward pool of up to $200,000. An impressive milestone has been reached with over 3 million preMKL tokens staked for an average duration of more than 20 weeks, accounting for over 22% of the circulating supply at the time of the token launch.

    Liquidity Bootstrapping Auction: A New Approach to MKL Token Pricing

    The Liquidity Bootstrapping Auction (LBA) offers users the opportunity to deposit USDC and/or preMKL over a seven-day period, during which the ratio between the two assets will determine the initial launch price of the MKL token. Participants receive MKL-USDC LP tokens with dual rewards, including a share of 1% of the total MKL supply and trading fees generated by the pool.

    Choosing Your Strategy: Genesis Staking or LBA?

    Participants can choose between Genesis Staking and LBA based on their financial goals. Both options provide unique opportunities for earning rewards and managing their positions optimally.

    Merkle Trade offers users diverse strategies for participating in the TGE, providing unique opportunities for earning and managing MKL tokens. Users can select the most suitable path based on their individual objectives.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

New Report Published Utilizing Primary Source Documentation.

chest

The report is based on information released in disclosures at primary source documentation, ensuring that the information provided is accurate and reliable.

user avatarMaya Lundqvist

US Spot Bitcoin ETFs Experience Record Inflows

chest

US spot Bitcoin ETFs saw a significant inflow of $60.6 billion on Thursday, marking their largest single-day gain since May 1.

user avatarLeo van der Veen

New Study Emphasizes the Significance of Primary Source Documentation.

chest

The report highlights the importance of primary source documentation for providing accurate and reliable information.

user avatarLi Weicheng

Cumulative Inflows into US Spot Solana ETFs Reach $116 Billion

chest

Cumulative inflows into US spot Solana ETFs have surpassed $116 billion, indicating growing institutional interest in the token.

user avatarTenzin Dorje

Binance to Remove Seven Spot Trading Pairs on August 21

chest

Binance has announced the removal of seven spot trading pairs on August 21 at 0300 UTC, including SUIBNB and LTCBNB, as part of its market optimization process.

user avatarAisha Farooq

HYPE Token Briefly Surpasses Dogecoin in Market Capitalization

chest

On August 20, Hyperliquids HYPE token briefly surpassed Dogecoin in market capitalization, highlighting a significant valuation shift.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.