Eclipsing the competition with LunarSwap

Oxbull.Tech
5 min readJun 26, 2021

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With the introduction of Decentralized Finance, and rising popularity of Decentralized Exchanged (DEX) such as PancakeSwap for BSC, Uniswap/SushiSwap for ETH, we have seen massive shifts of usage away from Centralized Exchange. Albeit being feature packed with staking, liquidity pools hosting, lotteries, and even Novelty functions such as market prediction and team battles, DEXs are currently still lacking day-to-day trading friendly functions.

LunarSwap aims to create an ecosystem that benefits and provides traders with tools at their fingertips, such as:

  • Buy/sell orders: No more sleepless nights with PancakeSwap. Set limits for Take Profit, Stop Loss, and Entries.
  • LunarSniper: Never miss a potential gem again once LunarSnipes releases to secure your entry spot
  • LunarSwap platform: LunarSwap’s very own swap platform based on PancakeSwap Liquidity

Native Token: LUNAR

LUNAR tokens will be staked automatically simply by holding. All LUNAR transactions will incur a 10% Tax, which will then be redistributed to holders:

  • 8% to be converted to BNB rewards to be claimed manually via the DApp
  • 2% to be converted to LUNAR rewards to be distributed automatically

LUNAR shall also be used to pay for fees to use the DEX trading tools. However, 50% of all fees will be burnt, making LUNAR a deflationary token.

Tokenomics [UPDATED]

Total Supply: 10 billion LUNAR.

  • Presale amount + Initial liquidity: 84%
  • Marketing Fund: 3% (Unlocked 10% every month — 0.3%/ month)
  • Team Fund: 4%- locked for 6 month
  • Community Development: 9% (Locked 1 month but to be re-locked if the team doesn’t use it)

The team-owned tokens to be locked and excluded from staking rewards.

All rewards go to holders.

LUNAR IDO price: 1BNB = 8.5 million LUNAR

LUNAR Listing price: 1BNB = 6.8 million LUNAR

Listing on the 2nd July 2021, Approximately 1630UTC

Please take note that 70% of IDO tokens are to be released during token generation event and the remaining 30% after 30 days.

To find out more about how to participate in the IDO on the day itself, read here. Using a Smart Staking approach to Oxbull.Tech’s IDO model, The Public Sale would be categorized into the following groups:

Tier-1: Guaranteed High Allocation

For a High allocation and a Guaranteed participation of the LUNAR token, investors would be required to:

  • Enrolled Smart Stake for 8,000 OXB tokens

OR

  • Enrolled Smart Stake for 0.15 LP (Currently about 4,700 OXB/BUSD LP)

before 28th June, 0000 UTC (5 days before the listing) and MAINTAINED until token generation event.

Qualified Investors will have a pre-allocated time of 9 Hours from 1630 UTC 1st July — 0130 UTC 2nd July to contribute to the Public sale pool.

Min contribution: 0.5BNB, Max contribution: 1BNB

Each qualified address will only be eligible for ONE transaction.

Tier-2: Guaranteed Medium Allocation

For a Medium allocation of the LUNAR tokens, Investors who are keen to participate would be required to be:

  • Enrolled Smart Stake in between 1,000 OXB — 4,000 OXB before 28th June, 0000 UTC (5 days before the listing) and maintained until token generation event.
  • For Investors who were late and missed the staking deadline, the Time lock farm shall be available up until 2nd July 2021 0000UTC, where Investors will still be allowed to participate in the IDO, subject to the staked OXB funds being locked for 7 days. Investors in the Time Lock farm will not earn APR nor reflection rewards.

Qualified Investors will have a pre-allocated time of 60 minutes to contribute to the Public-sale pool on the 2nd July 2021 between 1300–1400 UTC.

Min contribution: TBA, Max contribution: TBA

Each qualified address will only be eligible for ONE transaction.

Tier-3: Whitelisting program

Whitelisting link: https://forms.gle/QHVb3K8owNGqACbAA

For a Small allocation of the LUNAR tokens, interested Investors will need to hold(Not Smart Stake) at least 50 OXB in their wallet and complete the Whitelisting form and requirements to stand a chance to qualify for the IDO. Whitelisting qualification generally increases with more OXB held and the more active investors are on TG and Twitter.

The Public-sale pool shall be opened to the qualified public after the allocated time for Tier 1 and Tier 2 investors end. Contributions are on a first come first serve(FCFS) basis on the 2nd July between 1400–1430 UTC.

Max contribution: 0.05BNB

Each qualified address will only be eligible for ONE transaction.

Exclusive Tier-4: LunarSwap Community Whitelisting program [UPDATED]

*ONLY FOR Whitelisted LunarSwap Community members *

To view the whitelisting lottery winners: https://justpaste.it/5qjoa

250 winners to be selected randomly via the SweepWidget lucky draw system, Qualified listing will be released in due course prior to IDO.

Exclusive Tier pool shall be opened to the qualified investors after the allocated time for Tier 1, Tier 2 and Tier 3 investors end. Contributions are on a first come first serve(FCFS) basis on the 2nd July between 1430–1530 UTC.

Please ONLY contribute into your own “qualified” window.

For a guide on how to contribute during the timeslot, view here.

IMPORTANT NOTES: Qualification of Tier-1 and 2 will require ENROLLING SMART STAKING. In the event where an Investor who has not enrolled in Smart Staking but has the required number of holdings SHALL NOT be eligible for the aforementioned tiers.

Smart Staked holdings are required to be maintained adequately until project listing. Any dips below the required holding amount will DISQUALIFY the investor for the project being launched at the time even if the investor has already contributed.

Each qualified address will only be eligible for ONE transaction. Meaning if an address is qualified for tier 1, they will not be qualified for tier 2.

Disclaimer:

Our content is intended to be used as information and education purposes only. It is very essential to do your own research and analysis before doing any investment decision or otherwise. Do Your Own Research.

Information is accurate at time of writing and can be subject to change.

Oxbull.Tech shall not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damages and/or expenses and/or any losses you may suffer arising out of such information or any reliance you may place upon such information.

Any further arrangements between you and any third parties contacted via the Website/Affiliated links are at your sole risk.

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Oxbull.Tech
Oxbull.Tech

Written by Oxbull.Tech

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