Mercurial and FTX IEO

Published on: 04.05.2021

Mercurial IEO is now Live and will be performing on FTX platform.

Mercurial is building DeFi’s first dynamic vaults for stable assets on Solana, providing the technical tools for users to easily deposit, swap and mint stable asset

Any user who is qualified for the IEO (account is approved to at least KYC level 2 and has 150 FTT staked) will receive 1 ticket. You may be able to purchase additional tickets based on additional FTT staked above the minimum staking requirement.

 

WHAT IS MERCURIAL?

Mercurial is building DeFi’s first dynamic vaults for stable assets on Solana, providing the technical tools for users to easily deposit, swap and mint stable assets.

The MER token is designed to accrue value for the holder via fees from swaps, commission from yield farms, and as collateral for synthetic stables like mUSD. MER is also intrinsically linked to the governance and growth of Mercurial, playing a crucial role in regulating the system across governance, insurance, and bootstrapping.

 

About FTX:

FTX is a cryptocurrency derivatives exchange that offers futures, leveraged tokens and OTC trading. Currently, futures exchanges have many crippling flaws holding the space back. Their mission is to solve these problems and move the derivatives space toward becoming institutional grade.

 

FULL INFO:

https://help.ftx.com/hc/en-us/articles/360060696391-How-to-participate-in-the-Mercurial-Sale

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