AXL Gears Up to Host its First IDO for Gravis Finance
Gravis Finance partners up with AXL INU to complete its first Initial DEX Offering using AXL Launchpad
Dubai, United Arab Emirates--(Newsfile Corp. - March 20, 2022) - AXL INU ($AXL), the ultimate DEX platform with smart routing on Ethereum Chain (ETH) and BNB Smart Chain (BSC), announces that it will be hosting its first IDO for Gravis Finance ($GRVS) on March 25, 2022, at 12:00 PM UTC. Gravis Finance's IDO details have been released, with the Initial DEX Offering taking place on AXL launchpad.
AXL is being established as a decentralized DEX, providing a seamless user experience by deploying turnkey solutions for a quick and easy exchange process for everyone. An intuitive design and user-friendly interface with instant visual feedback and context-based instructions at each interaction with the exchange offer a streamlined user experience.
Furthermore, AXL INU's next-generation decentralized launchpad is constantly being developed using the best DeFi sector standards, all while providing real-time settlement, top-tier security, interoperability, genuine decentralization, no counterparty risk, and being completely scalable to meet the needs of institutional investors. The AXL launchpad is intended to give the community control over funding the projects they believe will be the most successful.
GRAVIS Finance IDO on AXL Launchpad
Gravis Finance is a unique gamified ecosystem that unites DeFi with Gmart NFT marketplace for in-game assets and the highly anticipated online game - Evervoid. Gravis Finance's goal is to provide users with a tool for generating basic income in cryptocurrency.
AXL is pleased to announce that Gravis Finance (GRVS) IDO will commence on AXL Launchpad on March 25, 2022, at 12:00 PM GMT. Participants will have the opportunity to claim tokens through the IDO.
The detials for Gravis IDO are as follows:
IDO Launch Timeline
March 25, 2022, 12:00 PM UTC AXL IDO - Private Pool Opens
March 26, 2022, 12:00 PM UTC AXL IDO - Private Pool Closes
March 26, 2022, 13:00 PM UTC AXL IDO - Public Pool Opens
March 26, 2022, 21:00 PM UTC AXL IDO - Public Pool Closes
Token Sale Details
Date & Time: March 25, 2022, 12:00 PM UTC
TGE Date: 05-10 April, 2022
Initial Market Cap at TGE: $634,300
Token Symbol: $GRVS
Token IDO Supply: 1 Million $GRVS
Token Available on AXL: 75,000 $GRVS
Total IDO Raise: $400,000
Total Raise on AXL: $30,000
Token IDO Price: $0.40
IDO Duration: 24 hours for Private Pool / 8 hours for Public Pool (after 1 hour of private pool closing)
Allocation Distribution: 50% private, 50% public
Vesting Schedule: 10% unlock at TGE, lock for 1 month, linear unlock for 7 months
Claiming Start Date: Same as TGE
IDO Location: AXL Launchpad
For private and public pool details and allocations, read the official AXL medium announcement.
For more information about the AXL platform, visit https://axltoken.com/.
About Gravis Finance
Gravis is a unique multi-chain and cross-chain ecosystem of Everoid free-to-play P2E strategy, Gmart NFT marketplace for game assets, and Gswap multi-chain DEX with 1 click liquidity migration, ERC20, and NFT bridge.
Gravis Finance aims to provide ultimate comfort and profitability to the users by providing all the necessary instruments for managing crypto assets on any chain. A simple bridge between several blockchains eliminates hefty commissions, and smart farming technology enhances earnings above other projects.
About AXL INU
AXL INU is being developed as a Decentralized Exchange (DEX) on the Ethereum Chain (ETH) and the Binance Smart Chain (BSC), enabling liquidity provision, yield farming, staking, launching IDOs, NFT, and lending & borrowing.
AXL works hard to encourage, grow, and promote the listing of new and breakthrough projects. The AXL launchpad enables emerging creative projects to demonstrate their ideas to the community while also garnering support, attention, and investment.
The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrency.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117424