Offering $EMPYR
As we head towards our token offering which is now less than 52hrs away, we’d like to share some details around how exactly it’s gonna look like from a user perspective.
But before that,
🎄🎄🎄Merry Christmas Everyone! 🎄🎄🎄
We are now a strong community of 2.9k celestians 🥳 we thank all of you for your support so far. The next couple of weeks are gonna be insane as we all break-through this reality and move into the all mighty celestial heaven, “Empyrean”.
To all the people who have joined us recently and will be joining in the upcoming days, we’d suggest you to read our previous articles to get better clarity on the project and roadmap.
What is Empyrean DAO, how it’s different?
Token-economics, Token-sale details, our roadmap and team background
Launch Details
Pre-Sale: Dec 26th, 8PM PST, over after 24hrs
Pub-Sale: Dec 27th, 8PM PST, over after 24hrs
App Launch: Jan 5th, 2022 (EMPYR token, Bonding goes live, Staking goes live few hrs after)
On Dec 26th, 8PM PST the pre-sale will go live where whitelisted addresses will be able to get $EMPYR allocation up to $1k per address. As you all know we are offering 100k tokens at an initial price of $10 during the pre-sale.
The sale will go live on our website only, we’ll share the url with you guys soon. You would need to send $USDC to our contract through our UI and for which you’ll get zEMPYR in return which basically is an IOU for EMPYR.
All the users will get zEMPYR token which will be redeemable 1:1 to EMPYR when EMPYR goes live, which will be around the same time our app goes live.
We are targeting 5th Jan, 2022 as our launch date, zEMPYR will be locked till then. On our launch day EMPYR will go live, we’ll be launching bonds and then staking few hrs after.All the people who are eligible for the “early trisolaris” airdrop will also be able to claim their EMPYRs on the launch day.
Once pre-sale is over (after 24hrs has passed), on Dec 27th, 8PM PST our public-sale would go live. All the tokens which remained unsold during pre-sale would move over to public-sale. Public sale will run for 24hrs as well after which any remaining unsold tokens will be burned.
Note that there are no extra tokens being minted for public sale, in total we are offering 100k tokens to pre and pub sale combined.
The initial price of public sale will be decided based upon the utilization ratio (UR) of pre-sale.
pub_price = 2 ^ (1 / UR) * 10 where UR is ratio of how much tokens got sold in pre-sale out of 100k.
So if we sold 50k tokens then UR becomes 0.5, making the initial pub-sale price to be $40.
