Presale Procedures

What I've got you've got to give it to your mama

What I've got you've got to give it to your papa

What I've got you've got to give it to your daughter

You do a little dance and then you drink a little water

  • There will be two presale contracts: one that accepts LITHIUM and one that accepts USDC

  • LITHIUM Presale

    • 48 hours, begins just as LITHIUM farming ends

    • Send LITHIUM to a presale contract on our website and receive BOTH Pre-ARCADIUM and Pre-MYFRIENDS in a set ratio

    • Fixed token allotment

    • Swap lasts only 48 hours, after which LITHIUM is no longer supported

      • Everyone is instructed to complete all LITHIUM trades and presale swaps before this deadline

      • After the swap deadline, LITHIUM's only support will be its dumpability into the original nucleus of burned liquidity

      • We believe that this solution is better than keeping previous layer tokens around while not giving you the real Layer 2 ownership and farm tokens

      • The swap gives you the same presale tokens purchased in the USDC presale

  • USDC Presale

    • 48 hours, Sold out in 43 seconds, began just as LITHIUM presale ends

    • First-come-first-served, $5,000 limit per account, $750,000 hard cap

    • Send USDC to a presale contract on our website and receive BOTH Pre-ARCADIUM and Pre-MYFRIENDS in a set ratio

    • Token allotment based on pegged LITHIUM price

    • No categories, price tiers, or preallocations of any kind

    • If USDC presale does not fill, creators may receive a greater share of ownership tokens in Layer 3

  • Liquidity Provision

    • Approx. 1 hour before swap from Layer 2 presale tokens to farming tokens

    • Rescheduled if presale sells out early

    • Liquidity prices: 2x USDC presale prices because presale sold out

      • Unused tokens that were designated for liquidity will be held for partnerships

    • Liquidity amount: 50% of amount collected in presale ($375k)

      • $375k and an equivalent value in tokens (MYFRIENDS + ARCADIUM) priced at 2x presale price

      • $750k total native liquidity initially (seems to be the most of any farm ever; please inform if not correct)

      • Distribution slightly weighted in favor of ARCADIUM because of its inflationary emission

  • Swap from Pre-ARCADIUM and Pre-MYFRIENDS to ARCADIUM and MYFRIENDS

    • Rescheduled to block 17926000

    • Trade all Presale 2 tokens for farm tokens

  • Liquidity Transfer

    • First step: after LITHIUM presale period ends

      • LITHIUM tokens have been collected from presale and buyback wallets and sold via Quickswap AMM (triage wallet)

    • Second step: Anytime after swap from Presale 2 tokens to ARCADIUM and MYFRIENDS

      • MYFRIENDS token holders must stake their tokens in the single staking MYFRIENDS pool

    • Third step: Approx. 8-12 hours before farming begins

      • 100% of the USDC collected will be sent to the MYFRIENDS contract and then distributed to MYFRIENDS stakers proportionally

    • This is intended to provide an immediate, possibly large cash rebate to all Presale 2 participants (totaling $166k USDC)

  • Farming start

    • 48 hours after swap from Presale 2 tokens to ARCADIUM and MYFRIENDS

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