Introduction
Firstly, we want to express our gratitude to everyone who participated in Community Sale Round 1 and Round 2. Your support is invaluable, and we appreciate the trust you’ve placed in us. A special thanks to the community members who stood strong against FUD.
Community Sale Round 1
As many of you are aware, Community Sale Round 1 was exclusively for whitelisted wallets. Although we didn’t meet the hard cap, we came close, raising 25.8 ETH out of the targeted 30 ETH. We successfully sold 8.18M ELO out of 8.5M, leaving 320,000 ELO unsold. These unsold tokens transitioned to Community Sale Round 2.
Community Sale Round 2
Round 2 had a cap of 50 ETH and 13.9M ELO. Notably, all unsold tokens from Round 1 were transferred to Round 2. Why wasn’t the hard cap increased? We made the decision to maintain the same hard cap and offer ELO at a more favorable price than initially planned. Round 2 was a success, selling out in approximately 3 minutes.
In total, Community Sale Rounds 1 and 2 collectively sold 23.1M ELO for 75.7851 ETH.
Uniswap Liquidity Pool and Launching
A significant portion, 40.78% of the total raised amount (equivalent to 8.4M ELO), will be allocated for the Uniswap V3 1% LP. The pool is scheduled to be created on December 22nd at 5 PM UTC, providing a convenient time for all time zones.
It’s important to note that the wrapped ELO token, designed with a minimalist approach, does not include protective functions against snipers or other bots, fostering a genuinely decentralized trading environment involving both humans and bots. Additionally, the wrapped ELO contract features a 0 buy/sell tax.
Launching Price: 1 ELO = 0.00000368 ETH
Claiming Community Sales ELO Tokens
Claiming your tokens will be possible just a few seconds after the liquidity pool is created. As a reminder, claiming tokens involves additional gas fees, so ensure you have enough ETH to cover these fees before proceeding.
We look forward to this exciting phase and appreciate your ongoing support.
Thank you ❤️,
Elosys Team
