Optimus

After launching the first <a href="https://optimus.ventures/hodl-staking/0x9Bde2b2896143093A530c691424f896b8B31Ad9c" rel="noopener noreferrer nofollow">Optimus HODL Farming campaign</a> we got a live example of how powerful it is and the potential it has to help projects properly protect and reward their stakers / farmers.The initial APR was 45% and after a few participants cashed out it rose to a whopping 95.7%!The HODL Contract was fully audited by Hacken and got a very good score of 9.1You can read the full audit here:<a href="https://hacken.io/audits/optimus.ventures" rel="noopener noreferrer nofollow">https://hacken.io/audits/optimus.ventures</a>Seeing how powerful the contract is, and understanding the issues facing the crypto market, we quickly realized that this contract can also be used as an alternative for traditional token sales.Traditional Token SalesThe current state of the market, when it comes to token sales, is that typically projects raise funds, which they get immediately, and give vested tokens in return.Vesting is done to protect the project from a scenario where everyone gets their tokens and just runs to dump them in the nearest exchange, causing the token price to crash.However, vesting has its flaws, both from an investor and from the project perspective.From the investor’s perspective, his funds were sent to the project but his tokens are vested, which means he is forced to be connected to the project for the duration of the vesting period.The risk on his side is big, as he is not as liquid as he was before he sent his funds to the project. He also has no idea what the project is going to do, and if it is going to perform well or not.From the project’s perspective, although seemingly vesting is supposed to protect the project, the reality is it actually hurts the project’s growth in the long run. The project is “stuck” with the initial investors for the duration of the vesting period. Those investors put continuous selling pressure on the token and also might have a negative impact on the project’s community. Let’s face it — Not all investors are created equal. While some investors truly believe in your long term vision, some investors only want to get a quick ROI. Bunching them together in a strict vesting schedule does more harm than good.<h2 id="header-0">What is the solution?</h2>How can investors have the freedom they deserve to have their tokens and sell them whenever they want, while still protecting the project and other investors who want to hold the token for the long term?Introducing… HODL Sale!HODL sale is a “Vesting free” token sale contract where HODLers get compensated with higher APRs every time someone cashes out!<h2 id="header-1">How does it work?</h2>In the HODL sale contract the project launching the contract determines a few parameters:<ol><li>Contract deposit duration</li><li>Contract Staking duration</li><li>Initial APR</li><li>Deposit and sale token.</li><li>Min / Max individual and total deposit amounts.</li></ol>Based on the initial APR and contract duration, the contract will hold a certain amount of reward tokens that will be distributed every time someone cashes out, automatically adjusting the APR based on the remaining HODLers.A video explaining the HODL Sale mechanism:<react-video url="https://www.youtube.com/watch?v&#61;Dz_9H1kv768"></react-video>Here is an example showing how the mechanism works.A project wants to raise 100K USDT and sell 1M tokens with a contract running for 1 year and an initial APR of 20%<img src="https://miro.medium.com/v2/resize:fit:700/0*KEN5BQc1qiHICZct" />The contract will take 1.2M tokens, out of which 1M are the principal tokens, and 200K are allocated for rewards.5 investors joined the sale, each sending 20K USDT.The project got the 100K USDT and now we have 5 investors who bought 1M tokens and potentially sharing 200K rewards tokens. If all 5 investors stay for 1 year they will each get 240K tokens, which are made of 200K principal tokens and 40K rewards tokens.<img src="https://miro.medium.com/v2/resize:fit:700/0*mZP1s7vXNi-W_GMV" />The purple investor decided he wants to cash out after 1 month. He will get his 200K tokens &#43; 3333.33 rewards tokens — 40K / 12 &#61; 3333.3336,666,67 of his potential earnings will remain in the contract to be distributed to the remaining HODLers.<img src="https://miro.medium.com/v2/resize:fit:700/0*LzElFI8IdujJExcE" />Now we have 4 investors, each with the potential of earning 49,166.66 rewards tokens — 196,666.67 / 4 &#61; 49,166.66The APR just grew to 24.58%!Another month passed and the blue investor wants to cash out.<img src="https://miro.medium.com/v2/resize:fit:700/0*_a9zipUG4cyHALby" />He will get his 200K &#43; 8194.44 tokens — 49,166.66 / 12 * 2 &#61; 8194.44His remaining potential 40,972.22 tokens are going to be left in the rewards pool to be shared between the remaining 3 investors.<img src="https://miro.medium.com/v2/resize:fit:700/0*8Ju48RhLrjKkGZK-" />Each investor has the potential of earning 62,824.07 tokens — 188,472.23 / 3.The APR just grew to 31.41%!This revolutionary token sale mechanism solves many problems. Here are a few:<ol><li>Protects Hodlers from dumpers. Every time someone cashes out, HODLers get more tokens!</li><li>Helps projects get rid of bad investors while compensating the loyal investors in the process.</li><li>Allows investors to invest more in a project since they are not going to be forced into long term vesting.</li></ol>The HODL sale contract will go live in the coming days, and we are happy to announce there is already 1 potential project launching a HODL sale once we go live!Stay tuned so you won’t miss out!The Optimus TeamTG Group: <a href="https://t.me/optimus_ventures" rel="noopener noreferrer nofollow">https://t.me/optimus_ventures</a>TG Channel: <a href="https://t.me/optimus_announcements" rel="noopener noreferrer nofollow">https://t.me/optimus_announcements</a>Twitter: <a href="https://twitter.com/OptimusVentures" rel="noopener noreferrer nofollow">https://twitter.com/OptimusVentures</a>Youtube: <a href="https://www.youtube.com/c/OptimusVentures" rel="noopener noreferrer nofollow">https://www.youtube.com/c/OptimusVentures</a>

The Optimus HODL Sale Contract — An Improved Token Sale Mechanism!

Table of Contents

Optimus

Autres articles publiés le 18 juil. 2023

VE TOKEN MODEL: WHAT DOES IT MEAN

Tech Investment Show 2023: Showcasing Advancements in Electric Mobility and Climate Tech Solutions

Axelar Launches Interchain Token Service to Improve Interoperability, with SushiSwap Adopting

Synthetix Founder Hails XRP Ruling as Crypto’s First Major Victory Over SEC

Snoop Dogg Launches Exciting NFT Music Service with $20M Funding

Binance All Set To Burn 1.99M BNB Tokens in 24th Quarterly Burn

Join our free newsletter for daily crypto updates!