Introduction to Mercurial Finance(MER)
It is stableswap on steroids. Two of the main innovations, dynamic vaults and dynamic fees enable more efficient capital allocation, and provide better risk adjusted returns to LPs. Dynamic vaults enable the deployment of pooled assets (that would ordinarily be idle) to yield generating opportunities across the Solana eco (think YFI). Dynamic fees offset the increased risk taken in these pools during turbulent markets by compensating them through increased fees. As more liquidity is provided by participants drawn in by the improved returns, the protocol can in turn offer better prices to traders, which ultimately drives greater trading volume. All of this whilst retaining Curve’s inherent low slippage for stables - a win for LPs AND Traders.No longer will LPs have to choose between earning fees or yields from other farms — with Mercurial, both can be done at the same time.
(The information below is provided by the Mercurial Finance team. Please follow Mercurial Finance for more information）
Token name: Mercurial
Token symbol: MER
Max Supply: 1,000,000,000 MER
Token Type: SPL (Solana) token
Contract: under update
Token distribution ratio and unlocking rules:
20% Seed Round 3 year linear, with a 1 year lock up
5% Private Sale 10% at token generation event, Linear for 2
years after one month
5% IEO + Liquidity Provisions 1% to IEO on different platforms
30% Liquidity Incentives 40% first year. Halving each year after.
20% Team & Advisors 4 years linear, with a 1 year lock
20% Eco/Reserve 20% a year for 5 years
Mercurial Finance Startup Sale Rules
(1) Duration: 02:00 PM 13th May - 04:00 AM(UTC), 14th May 2021 (Orders placed by qualified users within these 14 hours will be treated equally.)
(2) To participate in Startup Sale, users will need to be VIP1 and above.
(3) Price: 0.125USDT/MER. Startup Supply :2,000,000 MER
(4) Purchase limit: The maximum sub-scrip-tion limit for a single user is 1000 shares; the relationship between the VIP level and the maximum sub-scrip-tion allocation is:
the maximum number of sub-scrip-tions (not the final actual subion number) = the square of the VIP level multiplied by 10. For example:
VIP2 users can subscribe up to 2 * 2 * 10 = 40 shares
VIP3 users can subscribe up to 3 * 3 * 10 = 90 shares
(5) Users place orders using USDT.
(6) Users can place orders from 02:00 PM 13th May - 04:00 AM(UTC), 14th May 2021. Orders placed by qualified users within these 14 hours will be treated equally.
(7) Users need to ensure that there is sufficient balance (exceeding the purchase value) in accounts for the purchase after placing the orders until we announce the sale result. An insufficient balance will result in the cancellation of the purchase order.
(8) Each type of currency can only purchase once with each KYC account.
(9) After 4:00 AM 14th May 2021(UTC), we will collect all the qualified orders and distribute the tokens according to the ratio of the individual purchase orders to the purchase orders in total. The final result will be announced two hours later at 06:00 AM 14th May 2021(UTC)
(10) Trading starts time: May 21th 01:00 PM(UTC)
Gate.io Labs Private Sale Participating Disclosure
Round: Private Sales
(1) Countries not supported: Afghanistan, Albania, Belarus, Bosnia and Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.
For users from other countries, please check and make sure your participation in the token sale on Startup complies with local laws and regulations.
(2) Risk Warning:
- The project team does not guarantee that token price will not be lower than its startup sale price. Please invest with caution, and don't invest beyond your financial capacity.
- The start-up project is still in its initial stage, factors including the operation and underlying technology of the project, and other related regulatory activities might contribute to significant risks.
- Advanced technical and financial knowledge is required to understand, and e valuate the inherent risks of crypto-asset investment.
- The market volatility is high, and the price of a token might fluctuate drastically due to technical, regulatory, and marketing factors.
- Users may not be able to withdraw all the purchased tokens due to technical issues of the project or Gate.io.
(3) Requirements for participants
- The participant should register on Gate.io and Log in;
- After logging in, complete user identity verification;
- Deposit a certain amount of cryptocurrencies in your gate.io account;
- Sign the Purchase Agreement on Startup before placing orders.
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and fairness to a very high standard. We charge zero listing fees and
only choose quality and promising projects. Our exchange consists only
of 100% real trading volume. Thanks to everyone who has joined us in our
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