Nov 22, 2021
🚀 PearZap $JUIX launch🚀
Read all about the $JUIX launch in this Medium blog.
🧃 What is $JUIX? 🧃
PearZap DEX comes with a new token: $JUIX. The DEX will also be named; Juix. It’s Juix by PearZap ;-) The JUIcy deX!
$JUIX is a new token linked to the PearZap Juix DEX. JUIX stands for JUIcy deX. You already know that PearZap loves its juicy features and especially our juicy APRs.
The primary function/utility of $JUIX token is to incentivize providing liquidity into the DEX. Without $JUIX token distribution into the DEX farms, there would be much less incentive to provide liquidity. Liquidity Providers are mainly rewarded through the following ways in the DEX program:
- Their LPs will gain value over time with the distribution of all trading fees (60% of 0.25% of any trade) added automatically into the LPs
- Extra rewards by staking their LPs into farms to earn $JUIX tokens with great APRs.
$JUIX minting is uncapped and dedicated to the DEX biggest feature: reward the Zappers! Additionally $JUIX will take a place into coming vaults, games and NFTs to add more and more utility as we develop
🧃 $JUIX tokenomics 🧃
$JUIX will be uncapped with emissions initially set to 10 new $JUIX minted per block on Polygon, BSC and Fantom (same tokenomics on each chain)
A total of 2.242.500 tokens will be minted pre launch on each chain (Polygon, BSC and Fantom. Which will be distributed as followed:
- 1.562.500 tokens for the launch
- 480.000 tokens for initial liquidity ($120 k worth) (70% of liquidity will be locked)
- 200.000 tokens for first partnerships
$JUIX will be launched at a price of $0.24 per token and it will be listed at a price of $0.25 per token.
🚀 $JUIX IPO 🚀
PearZap IPOs will work similar to Pancakeswap IFOs.
We will offer 3 ways on 3 chains to participate the JUIX IPO :
- 1 : deposit PEAR-stablecoin LP (BUSD on BSC, USDC on Polygon and Fantom)
- 2 : deposit PEAR-wrappedgas LP (WBNB on BSC, WMATIC on Polygon and WFTM on Fantom)
- 3 : deposit stablecoin (BUSD on BSC, MATIC on Polygon and FTM on Fantom)
Let’s cover how to participate in the $JUIX IPO with PEAR LP!
Step 1: buy $PEAR on polygon at https://exchange.PearZap.com (mind that a 2.1% slippage is required due to the 2% burn tax on each TX on $PEAR transactions)
Step 2: add liquidity to $PEAR/$USDC or $PEAR/WMATIC
Step 3: contribute to the IPO. using your PEAR-stablecoin (BUSD on BSC, USDC on Polygon and Fantom) LP or PEAR-wrappedgas (WBNB on BSC, WMATIC on Polygon and WFTM on Fantom) LP (PearZap DEX pairs) during the launch timeframe. You can add liquidity on Pearzap DEX : https://exchange.pearzap.com/add
Here are the direct links to creat pairs for each chain
Polygon : PEAR-WMATIC : https://exchange.pearzap.com/add/0x0d500b1d8e8ef31e21c99d1db9a6444d3adf1270/0xc8bcb58caEf1bE972C0B638B1dD8B0748Fdc8A44
Polygon : PEAR-USDC : https://exchange.pearzap.com/add/0x2791bca1f2de4661ed88a30c99a7a9449aa84174/0xc8bcb58caEf1bE972C0B638B1dD8B0748Fdc8A44
BSC : PEAR-WBNB : https://exchange.pearzap.com/add/0xbb4CdB9CBd36B01bD1cBaEBF2De08d9173bc095c/0xdf7C18ED59EA738070E665Ac3F5c258dcc2FBad8
BSC : PEAR-BUSD : https://exchange.pearzap.com/add/0xe9e7cea3dedca5984780bafc599bd69add087d56/0xdf7C18ED59EA738070E665Ac3F5c258dcc2FBad8
Fantom : PEAR-WFTM : https://exchange.pearzap.com/add/ETH/0x7c10108d4b7f4bd659ee57a53b30df928244b354
Fantom : PEAR-USDC : https://exchange.pearzap.com/add/0x04068da6c83afcfa0e13ba15a6696662335d5b75/0x7c10108d4b7f4bd659ee57a53b30df928244b354
Step 4: wait until the IPO is finished and then hit the claim button
Step 5: manually add the $JUIX contract address to your wallet.
Let’s cover how to participate in the $JUIX IPO with stablecoins!
Step 1: prepare your bag of stablecoins (BUSD on BSC, USDC on Polygon and Fantom)
Step 2: contribute to the IPO. using your stablecoins during the launch timeframe.
Step 4: wait until the IPO is finished and then hit the claim button
Step 5: manually add the $JUIX contract address to your wallet.
More information :
- The more LP tokens you stake the more allocation you will be able to receive. The maximum LP token contribution amount is set to: $6000 worth of LP tokens. The minimum LP token contribution amount is set to : $100 worth of LP tokens.
- A dedicated IPO tab will be deployed on our Polygon Dapp within the near future, where you will be able to participate in the $JUIX IPO.
- 🔓No vesting period on the $JUIX IPO. 🔓
- There will be no tax to participate.
- ⏰ Wen launch: both PearZap $JUIX launches will start on the 1st of December at 9AM UTC and they will run for 24 hours, after which $JUIX will get listed on the PearZap DEX. ⏰
- 👨🌾 Farming will go live almost straight after listing on the 2nd of December around 10 AM UTC👨🌾
NOTE: oversubscription is possible for each and every raise process, when this is the case then you will buy less allocation then stated and you’ll get refunded with the used LP or stablecoins when claiming the JUIX tokens.
Launch raise (individual hard caps)
Hardcap PearZap $JUIX IPO: $225K per chain (Polygon, BSC and Fantom).
🔥 $150k worth of PEAR will be burned during the raise on each chain : total of $450k worth of PEAR to get destroyed! 🔥
How will the total $225k be distributed on each chain?
- $120k to initial $JUIX liquidity
- 🚀 $70k for marketing and development 🚀
- 🔥 $35k buyback and burn $JUIX 🔥
Contributions and caps
Polygon:
- $150k hard cap for $PEAR/$WMATIC contributions
- $150k hard cap for $PEAR/$USDC contributions
- $75k hard cap for $USDC contributions
BSC:
- $150k hard cap for $PEAR/$WBNB contributions
- $150k hard cap for $PEAR/$BUSD contributions
- $75k hard cap for $BUSD contributions
Fantom:
- $150k hard cap for $PEAR/$WFTM contributions
- $150k hard cap for $PEAR/$USDC contributions
- $75k hard cap for $USDC contributions
