YFMoonshot DeFi Project Launches Presale Event of 10k YFMS Tokens – Ethereum World News

Quick take:

  • The new DeFi project of YFMoonshot will commence its presale today, September 15th at 11:30 pm UTC
  • A total of 10,000 YFMS will be up for sale with total supply capped at 35,000 YFMS
  • The presale event will run for 7 days or till the hard cap is reached
  • YFMoonshot will allow users to stake various digital assets and earn YFMS, its governance token

The DeFi space is growing at warp speed and the team at YFMoonshot (YFMS) is in the process of commencing on the projects presale event that starts today at 11:30 UTC. The token sale will run for 7 days or until the project’s hard cap is reached. At the time of writing, 600 investors have signed up for the whitelist of the presale.

Once the presale is over, any unsold YFMS tokens will be burned. Uniswap trading will commence immediately after the presale event with YFMoonshot providing liquidity from the ETH pool. Additionally, the said liquidity will be locked for a full year and added gradually to provide price support for YFMS.

Price Per YFMoonshot (YFMS)

A total of 10,000 YFMS tokens have been set aside for the presale event. The token sale price will start off at 6 YFMS per ETH and adjusted daily according to the following schedule.

  • Day 1 : 6 tokens / ETH
  • Day 2 : 5.5 tokens / ETH
  • Day 3: 5 tokens / ETH
  • Day 4: 4.5 tokens / ETH
  • Days 5–7: 4 tokens / ETH