Demeter Finance Initial Liquidity

We have been giving some serious thought about our initial liquidity. The planned 100,000 DMTR just felt like a huge number. After some feedback and friendly discourse with early interested members on our Telegram, we felt even more sure that we needed to decrease our initial liquidity.

After much thought, we have decided that our initial liquidity will be decreased from 100,000 DMTR to just 6,000 DMTR. Block rewards remains unchanged and we hope that this would encourage a much friendlier, much more sustainable tokenomics model.

Initial liquidity will still begin on 11 April 2021. 4:00P.M (GMT+0).

We have initially minted 100,000 DMTR, and it is currently sitting in our admin wallet. Once initial liquidity of 6,000 DMTR has been provided, we will immediately proceed to burn the excess 94,000 DMTR by sending it to the 0x000000000000000000000000000000000000dEaD address. All of the transaction hashes for these will be shared once they are done!

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Binance Smart Chain based DeFi yield optimizer and farm. Ever flowing stream of yields. Be Sui, Be Water.

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Sui Finance

Sui Finance

Binance Smart Chain based DeFi yield optimizer and farm. Ever flowing stream of yields. Be Sui, Be Water.

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