Caution: This site operates on a testnet. No real transactions or funds are involved.
Liquidity Generation Event (LGE)
Total USDC Deposits
Deposit USDC to LGE
Linea token bridge
Deposit USDC to the Linea network.
Goal of the LGE
Ensure early liquidity for $MENDI
Determine initial token price
Reward early adaptors
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
Locked on Velocore as LP Pair
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.