Orcus Finance X Alnair Finance Partnership
Orcus Finance thrilled to announce its partnership with Alnair Finance, a Yield Optimizer Platform that allows users to stake LP-Tokens.
Orcus team are focusing now on attracting their early contributors which will receive decent rewards for just being early birds! After that, they are planning to hold a $ORU token public offering, which will be launched on Alnair Finance in early April. The details concerning token sale will be released closer to the event, so be patient. What you should know exactly, is that the sale will be public without any whitelisting or any other presales in the form of FCFS.
Alnair Launchpad benefits all token holders and enables fair launches, allowing traders of all sizes to invest in the best upcoming projects in the Astar network.
“Alnair Finance provides Launchpad as we are sure that there are a lot of good upcoming projects who are looking for the opportunity to conduct public sale and launching the project smoothly.” — Alnair team says
The “Overflow” Model
The overflow model ensures that the more you commit to an IAO, the more partner tokens you will receive, and you’ll get back anything that doesn’t get spent.
Using the overflow method, users can commit as much or as little USDC as they want to an IAO, and their final partner token allocation is based on the amount of funds they put in as a proportion of all funds put in by other users.
This proportion is calculated at the end of the applicable sale. Users receive back any leftover funds when they claim their tokens after the sale. If you decide to commit additional USDC to an IAO, you can do so as long as the contribution window is still open.
About Alnair Finance
Alnair Finance is a Yield Optimizer Platform that allows users to stake LP-Tokens issued from AMMs (Automated Market Makers) / DEX (Decentralized Exchange) in Alnair Vaults, which automatically harvest and re-stake their rewards as LP-Tokens for a compounding effect. Alnair Finance will also launch NFTs as well as P2E to combine DeFi and NFTs to build a sustainable ecosystem.
About Orcus Finance
Orcus Finance (the “Protocol”) is delivering the first Fractional-Algorithmic Stablecoin pegged to the United States dollar which is built on the Astar Network. Since Astar Network is a gateway to the multi-chain environment, we are going to expand our stablecoin to as many networks as possible in the near future.
SOURCE:
