🔥We are pleased to announce FenixFinance public IDO on julpad🔥

Fenixfinanceofficial
2 min readMay 23, 2021

We’re thrilled to announce that Fenix’s upcoming IDO will go live on julpad! Now it’s time for the community members to get involved with the project. 🚀

•FenixFinance x JulPad IDO details

▫️IDO Date: 4th June 2021,11 AM UTC+8
▫️Public round will be 2550BNB, total of 15,000,000 $FENIX
▫️Price per $FENIX Token:0.00017BNB
▫️2 BNB Max allocation per person
▫️Listing Price after IDO :0.00031875 BNB
▫️JulPad Link:https://julpad.com/presale/proj26#/

•How to participate in Fenix JulPad IDO

First two hours (juld holders) then anyone can join

1. After the Token sales start. For the first two hours, only tier club members can buy tokens based on the max purchase amount.

If some tokens remain after those two hours, then all users can buy. These sales are also controlled by the max amount concept, but with a 10% increase in prices. Token sales last at most 48 hours.

2. If you are a higher Club member, then you can buy more Tokens:

JulPad Club (Tier 1): Max Purchase Amount * 1
JulPad Club (Tier 2): Max Purchase Amount * 2
JulPad Club (Tier 3): Max Purchase Amount * 3
JulPad Club (Tier 4): Max Purchase Amount * 4

3. 48 hours after the Token Sale end, 10% of the raised amount gets distributed back to tier club members in JulD who bought tokens from the project (buy back JulD with BNB).

Here’s how tier club members are decided, and the amount of JulD each club will have:

JulPad Club (Tier 1): 10,000 JulD —— 10%
JulPad Club (Tier 2): 25,000 JulD —— 25%
JulPad Club (Tier 3): 100,000 JulD —— 30%
JulPad Club (Tier 4): 1,000,000 JulD — 35%

•About The FenixFinance

FenixFinance is AMM exchange & Yield farming dapp on BSC, Initial farm offering (new token launch model pioneered by Fenix Finance) , NFTs , lottery & cross chain services(BSC,Erc20,Polygon,Fantom,Avalanche,xDai,Solana)
FenixSwap is a type of decentralized exchange (DEX) protocol that relies on a mathematical formula to price assets. Instead of using an order book like a traditional exchange, assets are priced according to a pricing algorithm.
Fenix users supply liquidity pools with crypto tokens, whose prices are determined by a constant mathematical formula. Liquidity pools can be optimized for different purposes, and are proving to be an important instrument in the DeFi ecosystem.
Fenix yield farming is a way to use your crypto to earn more crypto (liquid mining) , yield farmers use their crypto assets to earn rewards.

•Stay tuned for more info and follow us at:
Twitter | Telegram Group |Telegram Announcement Channel| Website

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