Caution: This site operates on a testnet. No real transactions or funds are involved.
Lending
Markets
Portfolio
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Claim
LGE
Mendi Finance
Liquidity Generation Event (LGE)
Total USDC Deposits
Hours left
$0
00:00
Deposit USDC to LGE
Linea token bridge
Deposit USDC to the Linea network.
Short Summary
Goal of the LGE
Ensure early liquidity for $MENDI
Determine initial token price
Reward early adaptors
Process
USDC is deposited during LGE by participants
Mendi pairs this up with 2.5% of its token supply
These funds are then used to create MENDI/USDC LP pair on Velocore and locked for min. 180 days
Rewards for early adaptors
Participants will receive 28% more tokens than they deposit in $MENDI
Example: $100 in USDC deposited during LGE you can claim $128 in $MENDI
This is backed by 3.2% of the token supply
First day depositors will share an extra 0.3% of the $MENDI token supply
50% of tokens earned from LGE is unlocked instantly after the end of LGE, 50% is unlocked over a year
All USDC Deposits from LGE
0
USDC
Locked on Velocore as LP Pair
0
USDC
+
2.5M
MENDI
The entire balance of deposited USDC, along with 2,500,000 $MENDI, will be added to Velocore as locked liquidity for the MENDI/USDC pool.