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Bounce announced the details of the new Launchpad: 1.05 billion AMMX will be allocated to 3 auction pools, and it plans to raise US$1 million

Bounce announced the details of the new Launchpad: 1.05 billion AMMX will be allocated to 3 auction pools, and it plans to raise US$1 million

CointimeCointime2023/12/23 07:08
By:Cointime

On December 23, according to official sources, Bounce Brand announced the AMMX rules for the Launchpad project. A total of 1.05 billion AMMX tokens, driven by the NFT AMM protocol Ladder Protocol and the Bitcoin ecosystem cross-chain trading protocol Bitswap, will be distributed to 3 auction pools, with a total fundraising target of $1 million. Specific information is as follows:

1. AUCTION Staking Pool:

- Time: 12:00 on December 24 to 12:00 on December 28

- Blockchain: Ethereum

- Fundraising target: $450,000

- Token supply: 472,500,000 AMMX

- Staking ratio (AUCTION price estimated at $35): 0.00002721 AUCTION/AMMX

- AUCTION fundraising amount: 12,857

2. DAII Staking Pool:

- Time: 12:00 on December 24 to 12:00 on December 28

- Blockchain: Ethereum

- Fundraising target: $450,000

- Token supply: 472,500,000 AMMX

- Staking ratio: 0.00095 DAII/AMMX

- DAII fundraising amount: 450,000 tokens

3. MUBI Random Selection:

- Time: 12:00 on December 24 to 12:00 on December 28

- Blockchain: Ethereum

- Ticket price: 2173 MUBI/ticket (estimated MUBI price of $0.23)

- Token quantity/ticket: 525,000 AMMX/ticket

- Total number of tickets: 20,000

- Number of winners: 200 tickets

- Token supply: 105,000,000 AMMX

- Total value: $100,000

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