Presale Token Distribution
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DARK
CZDIAMOND
MYFRIENDS + ARCADIUM Presales
250,000
30,000
Partnerships
25,000
0
Liquidity
50,000
2,500
Creators
0
15,000
Infrastructure
0
12,500
Total Preminted
325,000
60,000
Farm Emissions
Unlimited
40,000
Total Supply
Unlimited
100,000
There are 250,000 DARK and 30,000 CZDIAMOND to divide between the ARCADIUM and MYFRIENDS presales. The following is a screenshot of the respective market caps as of 1529 GMT on 8-27:
Prices at observation time (the price RATIO is pegged, not the price itself): ARCADIUM, $1.459; MYFRIENDS, $24.213
Market caps: ARCADIUM, $1.092m; MYFRIENDS, $2.279m
These prices are now pegged at a MYFRIENDS/ARCADIUM price ratio of 16.6. This value ratio will not change for redemption purposes. This should serve as a "soft peg" mechanism encouraging the MYFRIENDS/ARCADIUM price ratio to remain approximately 16.6. Any significant deviation from that price ratio would mean a presale discount for one of the tokens, which "should" be corrected for by the market.
[UPDATE 8-31-21] The redemption ratios for MYFRIENDS and ARCADIUM have been recalculated to account for the numbers of MYFRIENDS and ARCADIUM tokens currently available for public swap. The number of tokens that are publicly inaccessible has risen more quickly for ARCADIUM than MYFRIENDS, as ARCADIUM is the focus of all our buyback efforts and MYFRIENDS has no burn mechanism. Therefore, the redemption value of ARCADIUM has risen in proportion with future buybacks and burns, whereas the MYFRIENDS supply destined for the public has not changed much. Therefore, the redemption ratios have become more favorable to ARCADIUM when the final adustment was made.
The final redemption ratios for MYFRIENDS and ARCADIUM account only for coins available to the public: those not in the burn address, creator wallets, staked by creators, or in buyback wallets at the time of observation. Therefore, we calculate redemption ratios using the native token market caps available for public swap:
ARCADIUM
MYFRIENDS
Circulating Supply when ratio pegged
749,102.94
94,150.09
Price/Token when ratio pegged
1.46
24.21
Market Cap (MC) when ratio pegged
1,092,787.33
2,279,655.04
Total Supply when ratio pegged
824,806
94,150
Publicly Inaccessible Tokens
225,314
33,200
Total Supply @ End of farming
1,060,000
100,000
Public Supply @ End of Farming
834,686
66,800
public MC @ End of Farming (pegged)
1,217,635.44
1,617,427.61
% of L3 tokens
42.95
57.05
DARK distribution
107,373
142,627
CZDIAMOND distribution
12,885
17,115
PDARK/token swapped
0.12863864
2.13513666
PCZDIAMOND/token swapped
0.01543664
0.25621640
For example, if you swapped 1 ARCADIUM, you would get 0.1286 PDARK and 0.01543 PCZDIAMOND, and if you swapped 1 MYFRIENDS, you would receive 2.1351 PDARK And 0.2562 PCZDIAMOND.
CZDIAMOND and DARK that were allocated for the MYFRIENDS & ARCADIUM presales
Also note that those who participate in the Layer 3 Presale swap event will receive 50% of the public tokens for , our debut effort on Binance Smart Chain that will replicate all of Darkside Finance's functionality, including the auxiliary contracts!