Star Atlas Launches on Raydium AcceleRaytor
Raydium announced that on September 1, Star Atlas will be launching on AcceleRaytor.
Star Atlas creates a revolutionary metaverse that emerges from the confluence of state of the art blockchain, real-time graphics, a multiplayer video game, and decentralized technologies.
🔹1. ATLAS & POLIS AcceleRaytor Public Raise details:
The Star Atlas metaverse leverages two tokens: 1) Star Atlas (ATLAS), the primary currency used in the game itself. 2) Star Atlas DAO (POLIS), the primary governance token of Star Atlas.
🔹🔹This AcceleRaytor launch will consist of two pools, one for ATLAS and one for POLIS.
Total tokens for the raise: 180,000,000 ATLAS and 1,800,000 POLIS (0.5% of total supply for each token), unlocked
Token fixed price: 0.00138 USDC for 1 ATLAS and 0.138 USDC for 1 POLIS
Total raise: 496,800 USDC (248,400 USDC for each token)
Model: Lottery for allocation
Allocation for winning ticket: 69 USDC (50,000 ATLAS) or 69 USDC (1,000 POLIS) respectively. Winning tickets will be determined separately for each of the two pools.
Total number of winning tickets: 3,600 winning ATLAS tickets and 3,600 winning POLIS tickets
Pools open: September 1, 12:00 UTC
Pools close: September 2, 00:00 UTC
Open period of the pools: 12 hours
🔹🔹Eligibility and pool details:
There will be one RAY pool available for the ATLAS raise and one RAY pool available for POLIS.
- Allocation will be determined by a lottery system.
- Allocation for one winning lottery ticket: 69 USDC of ATLAS and 69 USDC of POLIS
- There will be two snapshot deadlines to determine ticket allotment.
🔹2. ATLAS & POLIS IDO on Raydium:
Token starting price: 0.00138 USDC for 1 ATLAS and 0.138 USDC for 1 POLIS
IDO Launch time: September 2, 13:00 UTC.
🔹🔹How does it work?
- Raydium will launch both an ATLAS-USDC and POLIS-USDC liquidity pool (LP), after which trading will be live on the Raydium Swap interface. The AMM will begin placing orders on Serum a short time after the LP launch.
- Participants with winning tickets for the AcceleRaytor raise pool will also be able to claim their tokens at approximately the same time that the ATLAS-USDC and POLIS-USDC LP launch.
🔹🔹Fusion Pool — Provide liquidity to earn ATLAS and POLIS rewards
- Users will also be able to add liquidity to the ATLAS-USDC and POLIS-USDC LPs and then stake LP tokens to earn yield on the Fusion Pools page. Rewards will be in ATLAS and POLIS tokens.
- Reward emissions on the Fusion pool will begin shortly after the LP launches, to give users time to add liquidity and stake in the Fusion pool for yield farming.
About Star Atlas
Star Atlas is a grand strategy game that combines space exploration, territorial conquest, and political domination. In the distant future, players can join one of three galactic factions to directly influence the course of the metaverse and earn real-world income for their contributions.
The Star Atlas offers a unique gaming experience by combining block chain mechanics with traditional game mechanics. All assets in the metaverse are directly owned by players, and can be traded on the marketplace or exchanged on other cryptocurrency networks.
About Raydium
Raydium is an on-chain order book AMM powering the evolution of DeFi.
📰 INFO
https://raydium.medium.com/star-atlas-is-launching-on-acceleraytor-fa35cfe3291f