Yield Parrot $fLORY IJO on Fantom JetSwap Dec 1st 5 PM UTC
Starting December 1st at 5 PM UTC
We are thrilled to welcome Yield Parrot to Fantom via the Fantom JetSwap IJO Launchpad! This IJO will raise using $USDC. Just so you know, “IJO” means Initial JetSwap Offering.
There will be a 2x $fWINGS farming pool for $fLORY — $FTM and a high APR $fWINGS for $fLORY pilot pool enabled soon after the IJO.
Get ready for the sale only at: https://fantom.jetswap.finance/ijo
What is Yield Parrot?
Yield Parrot is a state-of-the-art yield aggregator & optimizer built in Binance Smart Chain, and now adding a layer on Fantom. At yieldparrot.finance, users can find the best opportunities within the DeFi ecosystem, with a world-class vault offering, fully optimized smart contracts, and a renowned partnership plan.
Efficiency and automation are two fundamental pillars of the platform. They offer the bests farms in the DeFi ecosystem, where users can enjoy and relax while Yield Parrot takes care of optimizing the yield and compounding processes to ensure the best profits and safety.
$fLORY is the Fantom token of Yield Parrot.
Yield ParrotWebsite: https://app.yieldparrot.finance/#/
Yield Parrot Telegram: https://t.me/yieldparrot
Yield Parrot Twitter: https://twitter.com/yield_parrot
Yield ParrotDocs: https://yieldparrotfinance.gitbook.io/docs/
- Date: December 1st at 5PM UTC
- End Time: December 1st at 9 PM UTC
- Token Ticker: $fLORY
- Tokens for Sale: 250,000
- Token Price: $2.00
- Fundraising Goal: $500,000 with $USDC
- Per Wallet Cap: $3,000 $USDC
- Style: First-Come-First-Serve (FCFS) Method
The $fLORY IJO will take place directly on Fantom Jetswap using the IJO launchpad. The sale method is the First-Come-First-Serve (FCFS) Method so be sure to claim your $fLORY tokens while you can. You can find more information about the IJO process here: https://docs.jetswap.finance/exchange-information/initial-jetfuel-offerings-ijos
How to participate in the IJO
What to do to get prepared for the sale:
What to do during the sale:
- Go to https://fantom.jetswap.finance/ijo and get ready for the sale.
- While the sale is live, commit your $USDC tokens to buy the $fLORY tokens. You are purchasing the tokens with your $USDC tokens. This is not the same as “staking”.
- The sale will last for about 4 hours or until all the $fLORY tokens have been purchased.
What to do after the sale:
When the sale is complete, claim the $fLORY tokens you’ve bought. $fLORY will be listed at Fantom Jetswap with a $2.20 listing price. Initial liquidity will be 62,500 $fLORY paired with $137,500 of $FTM for a starting liquidity of $275,000.
A 2x $fLORY — $FTM farming pool will be opened to earn $fWINGS. There will be a high APR $fWINGS to earn $fLORY pool opened.
Introducing the IJO Sustainable Buy Back and Burn Fund
The JetSwap Team has experimented with a variety of ways to continuously burn the inflationary wings suite of tokens. While an enormous amount of $WINGS/$pWINGS/$fWINGS have been bought back and burned during IJOs, the IJO to fund the burns were 1 time events.
In order to bring long term value to the Jetfuel Ecosystem, all IJO proceeds will be used to fund the IJO Sustainable Buy Back and Burn Fund.
The fund will be deployed on low and low-moderate risk pools to earn yield. 50% of the yield earned by the fund will be used to compound and grow the fund. 48% of the yield will be used to market buy and burn $WINGS/$pWINGS/$fWINGS, the remaining 2% will be used for gas fees and vault maintenance.