IZI is the native token of izumi Finance, a multi-chain Liquidity-as-a-Service (LaaS) provider on Uniswap V3.
Bybit Launchpad —— Izumi Finance (IZI)
Bybit has announced that the latest project of Bybit Launchpad, izumi Finance (IZI), is online!
ICYMI — izumi Finance is a multi-chain “Liquidity as a Service” (LaaS) provider in UniswapV3, and its token is IZI.
| Token name: | IZI |
|---|---|
| Total tokens: | 2,000,000,000 IZI |
| Launchpad allocation: | 11,250,000 IZI (0.5625% of total supply) |
| Single user allocation limit: | 10,000 IZI |
| Conversion ratio: | 1 IZI = 0.04 USD (the exchange rate between BIT and IZI will be determined at the beginning of the subscription period) |
| Participation mode: | Support multiple subscriptions |
| Participate in the subscription currency: | BIT only |
How can you participate in Launchpad?
1. Position snapshot period: December 15, 2021, 00:00 UTC to December 19, 2021, 23:59 PM UTC
Within the 5-day snapshot, the daily average BIT balance in your spot account, ByFi account, and derivatives account will be automatically recorded through hourly snapshots. The snapshot of your BIT balance for the day will be updated at 3:00 AM UTC the next day.
The 5-day average daily BIT balance in your spot account, ByFi account, and derivatives account will determine the upper limit of the amount of BIT you can invest in izumi Finance (IZI) projects-so recharge BIT now!
2. Subscription period: From 3:30 AM UTC on December 20, 2021 to 10:59 AM UTC on December 20, 2021
You must click ” Subscribe Now ” during the subscription period and invest in BIT to participate in this issue of Launchpad.
3. Token distribution period: December 20, 2021 at 11:00 AM UTC to December 20, 2021 at 11:59 AM UTC
Your final IZI distribution amount = (the amount of BIT you participated in the subscription / the total amount of BIT subscribed by all participating users) * the total amount of IZI sold in the current period.
According to your final IZI allocation result, the corresponding equivalent BIT will be deducted from your subscription amount, and the IZI allocated to you and the remaining BIT will be deposited into your spot account.
Please note that the maximum number of IZIs you can get is 10,000, and the amount exceeding the limit will be allocated to participants who have not reached this limit.
4. The new trading pair is online
If the liquidity conditions are met, the new spot currency pair IZI/USDT will be traded at 12:00 UTC on December 20, 2021.
Are you ready to prepare for the project? You can do two things now.
- Deposit or transfer BIT to your spot account
- Mark the subscription period on the calendar
Please check Bybit official website or contact the customer support with regard to the latest information and more accurate details.
Bybit official website is here.
Please click "Introduction of Bybit", if you want to know the details and the company information of Bybit.
Comment by Hans
April 24, 2024
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