LTC Token Live for Borrowing & Lending

LTC has achieved more than $200k in initial seed and the pool is officially opened for lending and borrowing. For risk specifications and asset parameters, please refer to the Litepaper.

What’s next?

1. Once a governance proposal is passed successfully, the proposed token will be whitelisted for depositing (but not available for lending and borrowing). Collateral can be withdrawn at any time. ✔
2. If the proposed token reaches $200,000 in collateral deposited within 1 month, the pool will be officially opened for lending and borrowing. If the minimum collateral deposit is not met, the suggested token may be delisted. ✔
3. Proposer and Initial seeders will be rewarded after 2 weeks from the date the token is opened for lending and borrowing (a snapshot will be taken of all initial seeders). The initial seed must remain as collateral during these 2 weeks, failing which the apportioned rewards will not be distributed.

Wallet Addresses to receive Listing Incentives

$2,000 bMXX for Proposer
0x3F05…AC67 = $2,000

$10,000 bMXX for Initial Seeders
0xE3c0…6bb5 = $4776.625329
0x4557…2f15 = $1741.332476
0x3A7f…592C = $1171.6
0x031d…7EaA = $1160
0xD4d9…A2F1 = $279.7710275
0x9887…458e = $174.6765546
0xAF39…47CB = $174.0674255
0x40b7…269E = $136.499752
0xc8c4…E329 = $69.6
0xc4ff…275e = $68.12979802
0x0297…6D82 = $46.18592057
0x56cF…6296 = $43.5464
0xC159…C6d9 = $34.8
0x5177…A15D = $23.08940798
0xA252…2f3E = $21.321612
0x98d2…23d1 = $20.3
0x026b…0e08 = $17.35286178
0x9D3a…abad = $11.6464
0x0787…156B = $4.641936567
0x23b7…003f = $4.605179811
0x559F…9b28 = $4.5812049
0xCDaC…3707 = $4.06
0xa38d…ad90 = $3.087202223
0x86d0…c86b = $1.899574404
0xb7E9…0F2B = $1.67613004
0xAf84…00A3 = $1.292031176
0x8D9F…Ba9E = $1.227485187
0xbf57…ab89 = $1.109376469
0x9376…F097 = $0.9966585585
0x7F9D…2De4 = $0.2712953046
0xdF7c…8b11 = $0.0058
0x34d7…613c = $0.00116

Listing Incentives Guidelines

• Initial seed is required to remain in the pool for 2 weeks until 7th May 2021 5pm SGT to qualify for listing incentives.
• Listing incentives will not be awarded in the event the initial seed is removed during the first 2 weeks. The percentage of listing incentives unawarded is in proportion with the percentage of initial seed removed by the user (bMXX incentives will remain un-minted and does not go to the next-in-line).
• Listing incentives will be transferred to the eligible addresses by 8th May 2021.