One of the most fundamental drivers in the crypto space is community. Something which has even more significance with YOP building an application that supports easier access and participation to new and expert customers alike. So as we grow our community it is very important we create bridges with the leading communities in the crypto space.
Today we announce and welcome the Polkastarter community to YOP. Polkastarter is a leading decentralized protocol built for cross-chain token pools and interoperable environment based on Polkadot. YOP champions cross-chain development which we believe is providing more harmonious growth in the token economy.
For a fair and wide token distribution we will deploy a token pool on the Polkastarter platform. The platform will bring a unique community to YOP and wider token distribution. Shortly after the Polkastarter pool concludes, $YOP liquidity will be added to Uniswap and tokens distributed.
On Friday 15th of January 2021 2pm UTC we will deploy a YOP token pool on the Polkastarter platform exclusively for POLS holders. The token pool will contain 1,212,121 YOP tokens with no minimum cap and a maximum of 4,444 YOP tokens for each participant. Tokens will be swapped for ETH at a fixed price of $0.05, which has been the same price throughout all rounds of our private/seed token sale. This eliminates the unfair advantages usually provisioned to early investors, which creates uneven token economics at distribution.
- Polkastarter Pool: 1,212,121 YOP tokens
- $0.05 Price / Maximum 4,444 YOP Tokens Per Participant
- Pool opens Friday 15th January 2pm UTC
- Hold 3000 POLS before 8th Jan 2pm UTC to access POLS Pool
- 888,888 YOP Tokens for POLS Holder Pool
- 323,233 YOP Tokens for Non POLS Holder Pool
- 4,444 Token Cap Per Whitelisted / No minimum
To participate in the token pool you must join the whitelist and carry out the following necessary steps. This will prevent spam bots creating unfair entries. The process is designed to create fair distribution, so from the final whitelist entries we will randomly approve 555 participants. This will be done after we filter incomplete, duplicate and any suspicious entries.
Whitelist Form: https://yop.finance/polkastarterido/
- Follow @YOPfi Twitter & Follow @Polkastarter Twitter.
2. Join @YOPfi Telegram Chat & comment at least once in the group. (We value active community members and will provide more details of the YOP Diplomat Reward Plan later)
3. Complete the Whitelist form, after you complete the above two steps (The form can be completed here)
4. Retweet the last YOP Tweet for verification ONLY after you submit form.
The whitelist will close 14th January 2pm UTC. While we would like to accommodate as many participants as possible, we cannot guarantee you an allocation. Participants from China, South Korea, Singapore, Japan, Canada, the USA, Puerto Rico, the U.S. Virgin Islands, and any other possessions of the United States are not permitted.
On Friday 15th of January 2021 4pm UTC the Uniswap Liquidity will be created with 1,500,000 tokens and $YOP tokens distributed shortly after that. The initial pool will be the YOP/ETH pair. Participants will also have the opportunity to add liquidity to the $YOP Uniswap pool. We have some exciting plans to put everyones LP tokens to work. Stay tuned for more on that post Uniswap listing. With the initial distribution of 7,666,668 $YOP tokens sold, YOP will launch with a small market cap of $383,000.
- Uniswap Listing Friday 15th January 4pm UTC
- 1,500,000 $YOP Tokens in Liquidity Pool
- YOP/ETH Pair
- Initial Distribution $YOP 7,666,668 Tokens
- Launch Market Cap $383,000
Our token structure ensures a low initial circulating supply of only 9% from our maximum supply. From our token sale of 10,666,668 YOP tokens, 3,000,000 sold to Pires Investments Plc (London Stock Exchange) are locked for 12–18 months. The remainder spread to strategic value partners with no single large holders. This totals to 7,666,668 tokens (including Polkastarter Pool) unlocked on day one from all token sales. 1,500,000 will be added to Uniswap pool, capping the total initial circulating supply to 9,166,668 $YOP. All tokens sold at $0.05 flat pricing. More details on the $YOP token can be found in our YOPONOMICS document on the YOP Media page here.
YOP is a yield optimization platform & protocol. All-in-one yOptimization application that makes it easy for everyone to access DeFi. Giving you control, custody, insights and flexibility directly in one single application. Our platform brings together all the tools and our protocol brings together all the contracts and pools. All powered by our token $YOP.
We are supported by traditional institutional investors and leading crypto experts, providing us with a balanced partner and advisory board. Find our more about our partners, media coverage and project here.
We look forward to welcoming the new community members and having everyone with us on this exciting new chapter in the crypto customer experience. Yoptimize 2021. 🚀