We have previously wrote about ERX LGE on Sonce. More here — https://erxofficial.medium.com/the-erx-nft-lge-on-sonce-platform-8e9b7b17a2a
Updates for ERX IEO allocation on ChainX (ENDED)
- 1 ETH entitles you with 1000 ERX (due to the increase in the price for ETH)
- ERX to be distributed to ChainX right after initial liquidity is pledged on Uniswap (to prevent front-running)
- There are 22 ETH refunded and total ETH raised on ChainX is 34 ETH.
Updates for ERX_NFT LGE on Sonce
- 1 ETH entitles you with 1 ERX_NFT which you are able to claim 850 ERX (due to the increase in the price for ETH)
- ERX will be airdropped to you ETH address right after initial liquidity is pledged on Uniswap (to prevent front-running)
- There will be only 116 ERX_NFT (1 ETH each) for sales on Sonce.
ERX_NFT Sales
- ERX_NFT is minted on sonce.rivex.io
- You will be directed to https://opensea.io/assets/0x66d5a6f02432f916cc9fd307ba9cd97d7346374f/7
- You can purchase ERX_NFT on OpenSea
- These ERX_NFT are free to be traded before listing
- ERX_NFT LGE will go on for 2 weeks from 5th January 2020
LGE on Uniswap
- 75% of Ethers will be locked for liquidity purposes on Uniswap for 12 months upon Uniswap listing
- 25% Ethers will be used for smart contract audit and marketing initiatives
- Hardcap = 150 ETH
- There are NO negative rebases
- Positive rebases will go to all ERX holders in the initial stage
- ERX can be use to govern ERX protocol
- SPRINTv1 (ERX liquidity mining program) will begin upon Uniswap listing
- Listing price on Uniswap will be determined upon adding liquidity (due to ETH fluctuation). It will be targeted to $1.20 to $1.50.
- ERX will be listed on Uniswap on 20th January 2020. Time of listing will be updated a day before listing.
- ERX tokens will be distributed to the users on 19th January 2020 before Uniswap listing on 20th January 2020.
🧲 MORE ABOUT ERX 🧲
Twitter — https://twitter.com/ElasticRX?s=20
Telegram — https://t.me/erxofficial
Medium — https://erxofficial.medium.com/