💥PocketFi have announced the listing of the #switch token!
💰Already today the SWITCH/ $TON pool will appear on STONfi - and after that token applications will be open via the old version of #pocketfi
👉The project has stated to avoid high selling pressure and sudden price drops - tokens will be given out via an auction system:
> the auction will start on May 20 at 15:00 UTC and will end on June 9 at 15:00 UTC.
The earlier you request tokens, the more tokens go into staking:
> every day +5% of tokens are added to the instant withdrawal;
> if you request withdrawal on May 20, 100% of tokens will go into 3-month staking (nothing can be withdrawn).
> request a withdrawal on June 9, then 100% of the tokens are available for instant withdrawal (no staking).
👉Example:
> request withdrawal in 1 day, then 5% of tokens will be available immediately, 95% of tokens will go into staking for 3 months.
> If you request withdrawal in 10 days, you will get 50% of tokens immediately, 50% of tokens will be staked for 3 months.
💬 What do you think will be the capa and price of $SWITCH token on the listing?
#Listing