EIFI Token Public Sale and Airdrop Details.
After announcing the success in closing our strategic round with the backing of top-tier institutions, we are excited to announce the details of EIFI public sale and Airdrop for ECC Coin holders.
EIFI Finance is launching its own native token with the ticker EIFI on July 2021. The public sale is going to be a multi-platform event happening on several platforms simultaneously.
Public Sale details
EIFI Finance is introducing the world’s first AMM Dex and Liquidity Bootstrapping platform, a new public offering model created by EIFI Finance.
More information about this innovative EIFI Decentralized finance platform will be published in a separate article.
EIFI Airdrop details for ECC Coin holders
As promised, 1 million of EIFI token will be airdrop in the form of token options redeemable for EIFI on the BSC blockchain after listening to our community’s feedback on gas fees. The airdrop will be claimable from the EIFI.COM & Etherconnect website both.
Parties eligible for EIFI Token Airdrop include:
· ECC Coin stakeholders,
· ECC coin holders those did not withdraw the ECC coin from 20 June 2021 to 20 July 2021,
· User should follow the EIFI Twitter, Facebook, Telegram Channel & Group need to be follow and verify its Email id.
· and BSC network users
More information will be published in the upcoming week.
EIFI Token mechanics
The EIFI Finance token serves as a tool to facilitate EIFI Decentralized finance ecosystem & its DAO governance to boost the utility.
EIFI Token utilities will include:
· EIFI Node staking for EIFI Finance nodes (Building and securing the EIFI smart chain that is cross-chain by default)
· EIFI Finance smart Asset staking rewards
· EIFI Finance Yield farming platform
· EIFI Finance AMM Dex swap fees used to buyback EIFI token
· EIFI Finance ecosystem fee system
· EIFI Finance liquidity and usage incentivization
· EIFI Finance LaunchPad liquidity pool
· EIFI Finance NFT Marketplace
More utility will be added and adjusted along the road. EIFI token economics is a dynamic subject that evolves with project development and product usage.
· EIFI Referral & Rewards: 5%, emission schedule will be published closer to launch
· Developer Team: 20%, one year cliff 20% vested every 6 months
· Strategic Contributors: 5%, 2.5% initial then 2.5% vested per 3 month
· Public Sale: 30%, 100% unlocked. This amount might vary depending on the Pancake swap amount; more details will be published closer to the TGE.
· Marketing promotions: Team: 10%, one year cliff 10% vested every months
· Airdrop: 10%, fully unlocked
· Liquidity: 20%, fully unlocked and use for exchange liquidity
An update on the recent development work and soft roadmap:
- Permission-less EIFI token on-boarding will be launched in the upcoming week. This will allow anyone to list and make EIFI cross-chain with a few clicks.
- EIFI Liquidity provision cross-chain bridge solution. This solution enables major tokens deployment on EIFI Finance (USDT, BUSD..) including EIFI token existing on multiple chains.
- Adding more chains to EIFI Finance. The first groups of chains we are planning to on-board are the Binance Smart chain and then planning to add with Polkadot and AVAX.
- EIFI Finance AMM Dex. The EIFI team is in 3rd ultra Layer V2 security testing Phase of EIFI Finance AMM DEX platform. Once it will done then EIFI finance AMM Dex platform live on test net for other
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