Cicada Finance's Fair Launch introduces a refined approach to decentralized finance, prioritizing sustainable value and equitable participation. Our core value proposition centers on the following pillars:
Sustainable Value Creation: We implement a low-valuation, high-circulation token model coupled with a rebase mechanism. This strategy fosters long-term token value, effectively mitigates selling pressure, and deeply incentivizes sustained holder engagement.,
Enhanced Accessibility & Inclusivity: Through a strategic partnership with Metalpha, we offer an innovative non-collateralized leveraged model for new token subscriptions. This significantly lowers the capital threshold for participation, broadening market inclusivity while upholding stringent fund security.,
Pioneering Real Asset Yield: As the inaugural DeFi project on BNB to deliver real asset-backed yield from USD1, we provide tangible returns to USD1 holders. Leveraging high-quality interest-bearing assets, we cater to diverse risk profiles, driving the growth of the USD1 ecosystem and advancing the on-chain issuance of real assets.
1. Token Information
Token Types
ltCIC: The liquidity token of the project, tradable freely on the market by holders.
rtCIC: The yield-bearing token of the project, representing rebase rights. Holders are entitled to daily rebase rewards of rtCIC.
Token Mechanism
ltCIC and rtCIC can be converted at a 1:1 ratio.
ltCIC is freely tradable in the liquidity pool.
rtCIC receives daily yield distributions from the rebase pool.
Once a holder converts rtCIC into ltCIC, they will no longer be entitled to rebase rewards from rtCIC.
Upon TGE following the completion of the launchpad, conversion from ltCIC➡️rtCIC will be not be initially available. This will be enabled upon a governance vote by rtCIC holders.
rtCIC➡️ltCIC conversion will be available at all times.
2. Fundraising Information
Launchpad Token
rtCIC will be allocated to launchpad participants.
The liquidity pool will add ltCIC as the trading token.
Token Allocation
Total rtCIC + ltCIC Supply: 10 billion (100%)
Launchpad Total Allocation: 6 billion (60%)
Launchpad TGE Allocation: 600 million (6%)
Launchpad Held in Rebase Pool: 5.4 billion (54%)
Liquidity: 2 billion (20%)
Ecosystem Fund: 1 billion (10%)
Team: 1 billion (10%)*
*Vesting Schedule: 6 months cliff, 24 months linear vesting
Fundraising Details
Token Launch Chain: BSC
Fundraising Currency: USD1
Launch Token: rtCIC
Launch Price: 0.0003 USD
FDV: $3M
Fundraising Goal: $1.8M (soft cap: $1.8M, hard cap: $18M)
Fundraising Rule: $1.8M Cap. Oversubscribed amounts will be refunded in proportion after the fundraising ends. Users must manually claim the refund.
Refund Amount = Actual Deposit (excluding leverage) – Token Allocation Value – Interest Payable
3. Fundraising Rules
Participants in this round may opt to use leverage for token sale participation, supported by Metalpha.
Users can choose non-collateralized leveraged participation, meaning they do not need to pledge assets to access increased allocation via Metalpha’s leverage credit line, thereby improving their allocation ratio.
Regarding tokens acquired through fundraising:
10% must be manually claimed by the user.
The remaining 90% will be locked in the rebase pool and distributed via a fixed rebase inflation model over a 3-year period to all rtCIC holders.
4. Fund Usage
The raised funds will be used for:
Liquidity pool deployment
Yield-generating asset management
Product and protocol development
5. ltCIC & rtCIC Intrinsic Value
Holders of rtCIC will automatically receive platform revenue through the daily rebase mechanism, including but not limited to:
Locked rtCIC tokens in the rebase pool after the fundraising
Trading fees
CICADA Protocol income
Launchpad revenue
CeDeFi commissions
Returns from actively managed yield-bearing assets