Siong
Lead
Mercurial Finance MER
DeFi's first dynamic vaults for stable assets, powered by Solana.
About
Mercurial is building DeFi’s first dynamic vaults for stable assets, providing the technical tools for users to easily deposit and mint stable assets, generating liquidity for their own requirements or offering them to ecosystem participants with such demands.
To optimize performance, assets will be dynamically used to facilitate a wide range of use cases, from low slippage swaps, lending, flash loans and external third-party decentralized protocols. Key transactions like withdrawing and swapping in the same transaction are made possible thanks to the strong performance capabilities of Solana.
To further increase the availability of pegged assets in the Solana ecosystem, we will allow the creation of synthetics, like mUSD or mBTC. These assets can be added to our vaults to both improve liquidity for other stables, as well as ease the interaction with other third-party decentralized protocols.
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IEO’s Details
GENERAL INFORMATION
- IEO Platform:
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IEO Opening Date:
May 13th, 2021 4:00 pm (UTC)
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IEO Closing Date:
May 14th, 2021 4:00 pm (UTC)
TOKEN DETAILS
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Symbol:
MER
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Blockchain Type:
SOLANA
Finance Information
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Public Sale Hard Cap:
400 000 USD
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Tokens for Public Sale:
4 000 000 MER
- Accepted Currencies
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Token Sale Format
Lottery
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Max Number of Winning Lottery Tickets
1 000
Legal Information
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KYC:
Required
Team
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Ming
Co-Lead
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Andrew
Head Researcher
Initial Offering News
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Chainlink Powers $7B World Cup Bets But LINK Hits 90-Day Low
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