TopShelf Whitelist Campaign
Topshelf launch will be kicking off with an Initial Liquidity Event (ILE) to ensure healthy ongoing liquidity for the native protocol token, LIQR.
ILE for Protocol Owned Liquidity
The ILE will accept BNB, AVAX or FTM which will then be combined with 6% of the total LIQR supply (2% on each chain) to create initial liquidity on the respective chain’s DEXes, namely: PancakeSwap on BSC, SpookySwap on Fantom and TraderJoe on Avalanche. These LP tokens are permanently locked within the contract — the liquidity is “protocol owned” and cannot ever be removed.
Whitelist Campaign
In order to participate in the ILE, one has to be whitelisted in the TopShelf Discord channel after performing one of the tasks below:
- Invite 5 people to the Discord channel using your referral link, and confirm your invites in the #🤖invite-bot channel; or
- Quote-tweet (Retweet) this Whitelist Campaign Announcement tweet https://twitter.com/TopShelfFinance/status/1468892602489581573, then post the link to your retweet in the #Retweet-for-whitelist channel
- Create an original meme about TopShelf and post it on Twitter and tag @TopShelfFinance, then post the link to your tweet in the #meme channel
TopShelf Finance
TopShelf is a decentralized borrowing protocol that allows users to draw interest-free loans against collateral. Loans are paid out in synthetic tokens (e.g. USDL
, BNBL
, FTML
) and need to maintain a minimum collateral ratio of 110%.
Source
https://medium.com/@topshelffinance/topshelf-finance-whitelist-open-cc496cd4299b