YieldFarming Index Price (YFX)

Priority start date: 5pm CST Monday February 27th

Public sale date: 5pm CST Tuesday February 28th

End sale date: 5pm CST Wednesday March 1st

Soft cap: 750,000 $USDC; Hard cap: 750,000 $USDC

Max allocation per 1 GMD/esGMD/RP staked: 100 $USDC

Token price: 1 $YFX = 1.33 $USDC (same as private sale price on Friday)

Circulating Market Cap: $2,226,666; FDV: $2,666,666

The total market cap will be equal to the dollar amount sold during the presale. If 1,000,000$ is raised in total, the total supply of YFX will be 1,000,000 and will only deflate onwards. 

The presale will have three phases: private sale, GMD launchpad sale, and public sale. The private presale will determine the total hard cap of the presales. After the private sale, those who own staked GMD will be able to participate, to be able to buy before the public sale.

The private sale will have 1 000 000 hard cap @ $1/YFX (750,000).

If less than 500,000$ is sold in the private sale, the hard cap will be 1,000,000$ for all sales combined.

If between 500,000$ and 1,000,000$ are sold, the hard hard cap is 1,500,000$ for all sales combined.

If the hard cap is reached, then the total hard cap will be 2,000,000$.

The supply distribution is as follows:

Presale: 75%

Liquidity: 15% (matched with 20% of presale money)

Team: 10% (all 10% vested linearly for 180 days)

Every month, the team will receive a 40% share of the profit generated by trades.