The intergalactic metaverse on Solana introduces a classic space shooter with premium NFTs. We are very excited to announce that We’re launching the “Space Falcon” on AcceleRaytor on January 24th!
Space Falcon aims to encourage gamers to explore the depths of the previously undiscovered universe through premium sci-fi NFTs, with the $FCON token utility and governance oversight and support. Space Falcon
This article covers two parts of AcceleRaytor’s launch: 1) Public Raise and 2) IDO on Raydium.
1. FCON AcceleRaytor Public Funding Round Details:
Total tokens for fundraising: 250,000,000 FCON (1.25% of total FCON supply) unlock.
Fixed price of the token: .002 USDC for 1 FCON.
Total Funding Volume: 500,000 USDC
Format: Lottery for allocation
Allocation for winning tickets: 50 USDC (25,000 FCON).
Total winning ticket quantity: 10,000
Pool opening day and time: January 24th at 12:00 UTC time
Pool closing date and time: January 25 at 00:00 UTC.
Time to open and close pools: 12 hours
Features and details of the pool:
There will be a pool of RAY (Raydium) for FCON funding.
- Allocation is determined by the lottery system.
- Allocation for winning tickets: 50 USDC
- There will be 3 deadline snapshots in the ticket distribution schedule.
Deadline for 7 days:
- Eligibility: stake at least 100 RAY in RAY single-sided staking Prior to the 7 day deadline and successfully deposited USDC when the pool is open. Always stake RAY until the pool is open.
- Lottery Tickets: 1 ticket for every stake of 100 RAY — up to a maximum of 5 tickets, even if you stake over 500 RAY, only the maximum of 5 tickets will still be awarded.
- Deadline stake for 7 days: January 17 at 12:00 UTC.
Deadline for 30 days:
- To reward holders with long-term Raydium, users who qualify for the 30-day deadline willget more ticketsIn addition to what was already in the 7 day deadline
- Qualifications: stake at least 50 RAY 30 days prior to the 30 day deadline and successfully deposit USDC when pool is open. Always stake RAY until pool is open.
- Lottery Tickets: 1 ticket for every 50 RAY stake — Earn up to 5 tickets and 1 additional ticket for every 1,000 RAY stake.
- Deadline stake 30 days: December 25 at 12:00 UTC (snapshot already).
90-day deadline:
- To reward holders with long-term Raydium, users who qualify for the 90-day deadline willget more ticketsIn addition to what has already been received from both the 30-day and 7-day deadlines.
- Qualifications: stake at least 50 RAY 90 days prior to the 90 day deadline and successfully deposit USDC upon pool open. Always stake RAY until pool is open.
- Lottery Tickets: 1 ticket for every 50 RAY stake — Earn up to 5 tickets and 1 additional ticket for every 1,000 RAY stake.
- Deadline stake 30 days: October 26 at 12:00 UTC (snapshot).
How does it work?
ticket: Users will receive tickets according to the allocation mentioned above. Users are required to deposit USDC for each ticket they wish to count on in the lottery.
Deposit: When the pool is open Users must deposit 50 USDC for each ticket to be counted in the lottery. The user may deposit less than the allocation of all tickets. however Tickets that do not match the deposited amount will not be counted in the lottery. The deposit must be equal to 50 USDC and you canOnly one time deposit
lottery: Once the pool is closed, the lottery will begin. And the winning ticket receives an allocation of 50 USDC for FCON, with the results of the lottery revealed shortly after the pool closes.
Claim: When the lottery procedure is complete Users can remove USDC from non-winning tickets. Claims for FCON from winning tickets will begin once FCON IDO trading has started (details below).
Lottery transparency
The lottery is organized on-chain, with lottery numbers assigned to tickets in the order that the user deposits in the pool. After the pool closes, winning numbers are assigned with a hash block (hashing a). block), multiplying by timestamp and matching the last digit of that number with the user’s ticket number. A winning ticket is a ticket whose ticket number matches the last digit. This process will be repeated until all winners have been determined.
2. FCON IDO on Raydium:
Token starting price: 0.002 USDC for 1 FCON.
IDO release time: January 25 at 12:00 UTC.
How does it work?
- Raydium will release a liquidity pool (LP) of FCON-USDC after trading is initiated via the Raydium Swap interface, with AMM launching orders via Serum shortly after the release of the LP.
- Participants with a winning ticket for the AcceleRaytor fundraising pool will claim the token near the time the FCON-USDC LP is released.
Fushion Pool — Provide liquidity to receive FCON rewards.
- Users can add liquidity to their FCON-USDC LP and stake LP tokens to earn yield on Fusion Pools pages and earn rewards in the form of FCON tokens.
- Reward emissions on the Fusion pool will begin shortly after the LP launches, to give users time to add liquidity and stake in the Fusion pool for yield farming.
- The release of rewards in the Fusion pool will begin shortly after LP launches, giving users more time to add liquidity and stake to the Fusion pool for yield faarming.
Space Falcon
Be sure to follow Raydium’s official account for new updates.
Persons residing in the United States, North Korea, Iran, Venezuela, and countries sanctioned by OFAC or jurisdictions prohibit the use of any services from Raydium Websites, including AcceleRaytor or “Prohibited Jurisdictions”) are not permitted to use those services. or participate in token sales For the avoidance of doubt and the limitations above, for any services offered on the Raydium Website, Prohibited Jurisdictions shall apply equally to residents and citizens of other countries located in Prohibited Jurisdictions.
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