Lydia Finance Partnership with AvaO- Initial Farm Offering (IFO)
Lydia Finance will be hosting the $AVAO Initial Farm Offering (IFO).
This IFO is key for AvaOne Finance as it allows for transparent fundraising that is secure for all parties involved and at the same time will create many opportunities for investors in the Avalanche community.
Presale IFO information
One million AVAO tokens will be available for presale on Lydia Finance’s IFO platform, one of the fairest launchpads on the Avalanche ecosystem. Two hundred thousand additional tokens will be pre-mined to be added to the AVAX/AVAO liquidity. A considerable portion of the funds to be collected from the presale will be used to provide liquidity to the AVAO/AVAX pair on Lydia Finance. This way users who participate in the presale will earn back a portion of the investment they made when they deposit the AVAO tokens they buy into the AVAX/AVAO pool.
No additional tokens will be pre-mined and no tokens will be sold over the counter (OTC) to any party.
The initial AXAV/AVAO liquidity, funded by the launchpad, will be time locked for sixty days. One third of the assets will be released after twenty days, one third after forty days, and the remaining third at the sixty day mark.
About AvaOne
AvaOne’s goal is simple. Provide a self-funding yield farm to manage investment risk. We meet this goal by only allowing farms with assets that have audited contracts, using trusted Decentralized Exchanges to store those assets, and invoking a perpetual buyback system. The innovative buyback system constantly purchases the AVAO token and burns them, which increases the value of the remaining supply while decreasing the overall supply.
About Lydia Finance
Lydia Finance is an Automated Market Maker, Yield Farming, and Staking platform on Avalanche.
Their rich UI and comprehensive documentation/tutorials allow every level of user to invest in DeFi and maximize their earnings by taking advantage of Avalanche’s lightning-fast infrastructure with very low gas costs.
Trade, stake, pool, and earn $LYD and many other token utilities all on Lydia Finance.
SOURCE
https://medium.com/@AvaOneFinance/lydia-finance-launchpads-avaone-7dd4767b97
