Post
Topic
Board Announcements (Altcoins)
Topic OP
[ANN] Zen Garden Finance - ZEN Staking Token - Yin Token - Yang Governance Token
by
Salfuk
on 16/09/2020, 22:19:19 UTC













Zen Garden Finance is a community governed decentralized lending platform that aims to aggregate liquidity provision incentives with yield gardening opportunities via its multi-layered staking and liquidity mining ecosystem



ZEN Token Pre-Sale Round 2 starts tomorrow 17/09 at 12.00 pm UTC. Original Hard Cap is reduced to half from 1240 ETH to 620 ETH. Distribution of the offered pool allocations will be discussed with the community, more details will be shared tomorrow

Round 1 Price: 1 ETH/62500 ZEN
Hard Cap: 250 ETH
Collected ETH: 67.68 ETH


Round 2 Price: 1 ETH/54000 ZEN - Bounce sale details to be published please be wary of scammer pools

All unsold ZEN tokens from from Pre-Sale rounds will be burnt




Original Token Sale Details:

September 15
Pre-Sale Round 1- Hard Cap: 240 ETH

Allocation
Developer Fund: 80 ETH (33% of the collected cap)
ZENswap Liquidity for YANG/ETH pool: 160 ETH (67% of the collected cap)

September 16
Pre-Sale Round 2- Hard Cap: 1240 ETH

Allocation
Uniswap Liquidity for ZEN/ETH pool: 240 ETH (19.35% of the collected cap)
Uniswap Liquidity for YIN/USDC pool: 200 ETH (16.13% of the collected cap)
Uniswap Liquidity for COMP/YIN pool: 80 ETH (6.45% of the collected cap)
Uniswap Liquidity for YFI/YIN pool: 80 ETH (6.45% of the collected cap)
Uniswap Liquidity for ZEN/YIN pool: 80 ETH (6.45% of the collected cap)
ZENswap Liquidity for YIN/ETH pool: 200 ETH (16.13% of the collected cap)
ZENswap Liquidity for YIN/USDC pool: 200 ETH (16.13% of the collected cap)
ZENswap Liquidity for YANG/USDC pool: 160 ETH (12.90 % of the collected cap)

Total Pre-Sale Cap: 1480 ETH*

*unsold tokens will be burnt.

Note: Uniswap liquidity pools will be locked through Unicrypt

October 1 (Approximate timeline depends on the block timestamp)
*Launch of the Pagoda Lending House.
*Launch of the ZENswap.
*Launch of the YIN KOI Ponds and start of the Liquidity Mining

Token Economics:

Total ZEN Supply: 100.000.000
Pre Sale-1: 15% of the supply for 240 ETH (20% cheaper than the Uniswap listing price)
Pre Sale-2: 67% of the supply for 1240 ETH (10% cheaper than the Uniswap listing price)
Uniswap Initial Liquidity: 12% of the supply for 240 ETH
%2 ZEN/YIN Pool Liquidity
%4 ZEN/ETH Pool Liquidity on ZENswap (Uniswap liquidity will be migrated to ZENswap)