SuiLaunch IBO Schedule & Tokenomics
SuiLaunch Initial Bond Offering is an ongoing launchpad experience, and it will lasts longer than the typical IDO. Here are the main characteristics of the $SLT IBO:
- There are 60 Rounds for users to participate. All Bonding Rounds' Bonding Rates are based on the ratio of $ALT/$SLT.
- The First Round's limit is 10,000 USD, once the contributed token value amount exceeds 10,000 USD, the round terminates and moves on to the next round. The Second Round's limit will be 10,200 USD. The Third Round's limit will be 10,400 USD and so on, until the 60th Round finishes . By the 60th Round, the limit will be 21,800 USD.
- The First Round Bonding Rate will be 1 $ALT to 10 $SLT.(SLT Price in ALT = 0.1) The Second Round Bonding Rate will be 1 $ALT to 9.8039 $SLT (SLT Price in ALT = 0.102). The Third Round Bonding Rate will be 1 $ALT to 9.6154 $SLT (SLT Price in ALT = 0.104) and so on, until the 60th Round finishes. By the 60th Round, the $SLT Price in $ALT will be 0.218.
$SLT will first launch on the Aptos Chain using AptosLaunch's IBO launchpad solution, so users can:
- Use their $ALT, $tALT, to bond in for $SLT, the launchpad token for the Sui Ecosystem
- Enjoy sufficient liquidity on the Aptos ecosystem using the $ALT/$SLT pair, since Sui is still a fairly new ecosystem and liquidity is immature.
Once the Sui Ecosystem develops, the AptosLaunch Team will build a bridge that will bridge the $SLT token back to the Sui native Chain.
First $SLT IBO Round Starts:
Date: 10th May 2023
Time: 0800 UTC
Once the contributed token value amount exceeds the corresponding round limit, the round terminates and moves on to the next round.
Token Name: SuiLaunch Token
Ticker: SLT
Max Supply: 300,000,000
Chain/Standard: Aptos Chain (Initial) and Sui Chain
Token type: Utility, Governance
Token Address: 0x8b2df69c9766e18486c37e3cfc53c6ce6e9aa58bbc606a8a0a219f24cf9eafc1::sui_launch_token::SuiLaunchToken