Yield Market Protocol Timeless LBP to Start on January 9th at 20:00 UTC

Yield Market Protocol Timeless LBP event will start on January 9th at 20:00 UTC. The total supply of Timeless's token $LIT is 1 billion, of which 10% is allocated to LBP. The details are as follows.

  • Network: Ethereum
  • Project Token: $LIT
  • Buying Token: $USDC
  • Starting Number of Tokens: 100m $LIT, 832,083 $USDC
  • Starting Weight: 96/4; Ending weight: 30/70
  • Estimated Starting Price: $0.20
  • Trading Fees: 2%
  • Duration: 7 days

Previously, Timeless announced the allocation plan of its token. The protocol will allocate 72% of the $LIT to the community, of which 1% is airdropped to early Timeless and Bunni users (25%) and active Uniswap v3 LP (75%). 25% of the remaining token is allocated to the team and 3% is sold to investors in the seed round.

In addition, the airdrop and veMPH staking pool will be launched on January 25th, 2023.

Source

DeFi

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