Liquidity Provision
Liquidity provision is scheduled to take place on October 7, 2021 at 21:30 GMT: Block 11577600
This is scheduled for 1 hour after the end of the presale and 1 hour before the swap from presale tokens to the true STB and PLUSH tokens. However, the liquidity provision and swap times may be moved earlier if the presale sells out.
We will add 40% of the total amount raised in the BUSD presale as public liquidity and lock all LP tokens so created in our Paladin Security-provided Locker Contract for at least 60 days. We will match this with an equally valued amount of STB + PLUSH to create $1.2m in initial native liquidity if the presale sells out.
10% of the BUSD raise will be purposed as a buyback fund. The purpose of these funds will be to apply either direct or indirect buyback pressure, and therefore, the buyback funds will also support the status of the native liquidity.
Liquidity will be added at the following price:
Amount Sold in BUSD Presale
Liquidity Price/Presale Price
0-250,000
TBD
250,001-500,000
1x
500,001-750,000
1.5x
750,001-1,000,000
1.6x
1,000,001-1,250,000
1.75x
1,250,001-1,499,999
1.85x
1,500,000
2x
Therefore, if the presale sells out, the liquidity price will be 2x presale price. etc.
Update: The presale raised $205,202! Therefore, we will use the following formula for liquidity provision:
plush
stb
price per token
2.5
33.33333
BUSD for Liquidity
50000
32080.8
Tokens for liquidity
20000
962.4239
Last updated
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