Roaring Lion Presale

New algorithmic stablecoin, modeled after Toxic Deer, pegged 1:1 to DAI on BSC.

DETAILS

• Presale Details
  • Presale is for $LION (peg token)
  • Presale will be held on the Roaring Lion website, here and will last for 2 days or when hard cap reached
  • Presale price: 1 DAI
  • Minimum allocation: 1 DAI
  • Maximum allocation: 50,000 DAI
  • Token allocation: 300,000 $LION
  • Hard cap: 300,000 DAI
  •  No information on how the presale funds will be allocated
  • Presale claims will be available 1 hour before farms start or earlier depending on if the sale sells out
  • Liquidity will be added on Aequinox DEX
  • Protocol will launch 1 hour after presale ends

• Tokens
  • $LION is the algo-stable, pegged 1:1 to DAI
    • Initial supply: 500,000 allocated as follows:
      • 300,000 — Presale
      • 100,000 — Initial liquidity
      • 100,000 — DAO fund
  • $LSHARE is the shares token
    • Total supply: 83,334 allocated as follows:
      • 50,000 — Farming rewards (vested linearly over 350 days)
      • 33,333 — DAO fund (vested linearly over 731 days — 45.56 $LSHARE/day)
      • 1 — Pre-mint for initial liquidity
  • $BBOND is the bond token