LP FinanceLPFI

Token

Rating: 1.6

Tags:
Solana Ecosystem

Contracts:

LP Finance Price (LPFI)

Links:

Website, Explorers, Whitepaper

Tags:

Solana Ecosystem

Contracts:

Solana:LPFiNA...bK2xCe3

LP Finance LPFI

Overview Market Tokenomics Rich List Historical Data Socials Wallets

LP Finance Token Sale

IDO Ended: Oct 26, 2022 — Oct 26, 2022

Sale Price:

$0.3

Raise:

$25,000

Launchpad:

Catapult

Tokens For Sale:

83333

IDO Ended: Oct 24, 2022 — Oct 26, 2022

Sale Price:

$0.3

Raise:

$50,000

Launchpad:

RazrFi

Tokens For Sale:

166666

IDO Ended: Oct 24, 2022 — Oct 25, 2022

Sale Price:

$0.3

Raise:

$50,000

Launchpad:

Tokens For Sale:

166500

Private Ended: In the Past

Sale Price:

$0.2

Raise:

$90,000

Launchpad:

Tokens For Sale:

450000

Strategic Ended: In the Past

Sale Price:

Raise:

Launchpad:

Tokens For Sale:

5900000

Seed Ended: In the Past

Sale Price:

$0.2

Raise:

$0.1M

Launchpad:

Tokens For Sale:

500000

LP Finance is a synthetic asset issuance protocol focused on leveraging strategies. Users can earn up to 42% on SOL staking yields and short-sell at the lowest interest-rate on DeFi. Incentivized LP mechanism allows synthetics to maintain peg in any conditions.

LP Finance expects zSOL to be used for leveraged liquid staking (mSOL - zSOL loop) or short-selling (UXD - zSOL loop). As these strategies are expected to bring high selling pressure on zSOL, a mechanism to ensure peg-stability is required.

LPFi token (LP Finance Governance) is used to vote for the gauge weight for each pool. Top two pools would be selected for incentives, and the other pools would not earn any stability fees unless it is on the top two pool on the next voting period.