Uniswap Early Calls Access #29 Xplosive Ethereum Join Teleg | 🌟IDO Alerts
Uniswap Early Calls Access #29 Xplosive Ethereum
Join Telegram: @xplosive_ethereum
Introduction:
xETH is an experimental token that combines the best parts of an elastic supply token with deflationary mechanisms to maintain long-term sustainability.
xETH or Xplosive Ethereum is a price-reactive, deflationary token that:
1. Rewards buyers through positive rebases pegged to a baseline of 0.01 ETH
2. Rewards holders through staking rewards from the pool (see next point)
3. Punishes sellers through transaction “taxes” at a rate of 3% of the transaction amount. 2% is burned and 1% is sent to a pool that’s distributed to stakers
Visit https://www.xeth.finance/ to learn more.
Token Metrics:
- Round 0: 35 ETH hard cap for early supporters of the xETH project
- Round 1: 150 ETH hard cap for COM community members (COM holders only)
- Round 2: 150 ETH hard cap public presale (details below)
- Total hardcap: 335 ETH
- Individual cap: 1–5 ETH
Due Diligence:
xETH is an interesting Rebase project with no negative rebase, may be interesting!
Community Token has vouched for XETH, so this should be a possible punt with decent Risk:Reward, as hardcap is only a tiny 335 ETH. In addition, we have suggested the team to timelock team-held tokens prior to funding (To be updated).
How to participate:
Whitelist for Presale Round 2 will open at exactly 2:00pm UTC today, 11/9/2020. Countdown timer.
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Updates:
1) Lien FairSwap Public Sale @ 13:00 UTC 13/9/2020 : https://t.me/LienAnnouncement/24
2) ChadsVC Whitelist @ 13:00 UTC 12/9/2020: https://t.me/chads_vc/3574
3) xBTC Presale Whitelist: https://t.me/xBTCAnn/5