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CUBISWAP to host $CUBI IDO

CUBISWAP, a decentralized exchange on opBNB will be hosting an IDO for its native token $CUBI. CUBISWAP is set to bring a great user friendly DEX experience to opBNB through their innovative tools. Let’s see what makes CUBI stand out and details about the upcoming IDO.

What’s special about CUBISWAP?

CUBISWAP will become the best decentralized exchange on opBNB and will support the construction of high-quality projects in the opBNB ecosystem.Whether you’re new to crypto or a DeFi veteran, CUBISwap has the tools and the community to support your decentralized finance needs.

$CUBI IDO Details

IDO Platform: Cubiswap Launchpad

Round 1: Family Round (Overflow Opportunity)

Hard Cap: 1000 BNB

(When the amount raised exceeds 1000 BNB, BNB will be returned in proportion to your subscription)

Time: Sep 12th, 9:00 am UTC — Sep 15th, 3:00 am UTC

Allocation Per Address: 0.1 BNB –5 BNB

Token Price: 1 CUBI = 0.0005 BNB

The time to claim the refunded BNB:

After the family round ends, you can claim BNB immediately on the official website, You can invest the BNB you receive into the public round

Family Round CUBI Release Rules:

100% of the CUBI Tokens from Family Round will be released immediately when family round ends

Round 2: Public Round (Limitless Leap)

Soft Cap: 2000 BNB

Subscription without upper limit, no limit. For example, if you invest 20 BNB, all the BNB you invest will become CUBI TOKEN, 70% of the CUBI Tokens from Public Round will be released immediately when public round ends, 30% will become CUBI-BNB LP and release in 15 days

Time: Sep 15th, 7:00 am UTC — Sep 17th, 9:00 am UTC

Allocation Per Address: 0.1 BNB –20 BNB

Token Price: 1 CUBI = 0.0005 BNB

Public Round CUBI Release Rules:

70% of the CUBI Tokens from Public Round will be released immediately when public round ends

Users will get CUBI-BNB LP to release the remaining 30% of CUBI tokens.

CUBI-BNB LP Detail:

Native CUBI-BNB LP will be created automatically by Smart Contract, no need for user operation

CUBI-BNB LP Contents (Half CUBI, half BNB)

After 15 days, users can directly claim CUBI-BNB LP

The LP value will change with the price fluctuation of CUBI and BNB. After release, users can withdraw the LP, which can be used for Yield Farming or turned into CUBI and BNB at the market price.

About CUBISWAP

CUBISWAP is a Decentralized Autonomous Organization (DAO) that offers a full suite of tools to explore and engage with decentralized finance opportunities. Using our products, users and partners can tap into this new wave of financial innovation in a secure, transparent, and globally accessible way.

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Chief Author at CryptoTom | Website | + posts

Tommy is a crazy and adventurous guy. Had his bags rugged or dumped severally. He's either shouting over a football match or checking his portfolio.

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