IDO: HepaFinance ($HEPA) — The End of Standard Yield Farming

IDO SALE FORM: https://forms.gle/85RN7x7pxpa9B2Xh8

ApeTools IDO Platform Tiers $TAPE Holders:

  • Baboon — 10,000 $TAPE

ApeTools IDO Platform Tiers $TAPE-BNB ApeSwap LP Holders:

  • Baboon— 62,5 TAPE — BNB ApeSwap LP Baboon

ApeTools Team will take snapshots everyday until IDO start, the average value will determine your tier !
All Tiers will have guaranteed allocation !

IDO Date:

Friday July 2nd

Snapshot Starts for Tiers:

Monday June 7th, 5 PM UTC

IDO Sale Token Price:

0.005 BUSD

ApeSwap Listing Date and Time:

Friday July 2nd

Maximum Token Supply:

500,000,000 $HEPA

Tokens Available in ApeTools IDO Sale:

7,000,000 $HEPA

Circulating Supply at Listing:

2,800,000 $HEPA

Market Capitalization at Listing:

$14,000 USD

IDO Sale Vesting Schedule:

10% at TGE, then 22.5% per month (4 months vesting)

Learn about TAPE’s recent official news:
https://apetools.co

Twitter: https://twitter.com/ape_tools
Telegram: https://t.me/apetools_chat
Announcement Channel: https://t.me/apetools_ann

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About Hepa Finance

Hello farmers today we’re thrilled to announce the initial launch of
Hepa Finance

Our governance token HEPA and our first DeFi product Hepa.Finance
all launching right now on Binance Smart Chain

TLDR;

  • IDO will be on ApeTools

The HEPA (HEPA) token

The core foundation of the Hepa Finance is the HEPA (ticker: HEPA) token.

It is aimed to be fairly and widely distributed, with focus on rewarding early and active supporters of the protocol.

Hard cap

The HEPA token has a hard cap of 500,000,000 tokens and features an extensive lockup model where 95% of earned tokens will be released at a later stage in the future and 5% will be available directly.

The HEPA token will be configured to lock 95% of all newly minted supply during the yield farming stage until 00:00:00 UTC March 25th, 2022.

When 00:00:00 UTC March 25th 2022 has been reached the locked supply will slowly start to unlock on a block-per-block basis until 00:00:00 UTC March 25th, 2023.

By the end of 2022 roughly 290.87 million HEPA tokens are expected to have been minted. At the end of 2023 the supply is expected to reach 460.70 million HEPA and the final 500 million cap is expected to be reached at the beginning of March 2024. From start to finish it’ll take roughly 3 years in total to reach the cap.

Treasury

95% locked / 5% unlocked setup

Note that ALL of the fees are also locked using the exact same emission schedule as previously discussed — the treasuries will be locked until
00:00:00 UTC March 25th, 2022 and it will then take a full year
(until 00:00:00 UTC March 25th, 2023) to fully unlock them.

Pre-minting

Due to the treasuries following the exact same locked emission schedule as regular users we’ve decided to pre-mint a total of 10,000,000 HEPA, or 2% of the expected final hard cap.

The 10,000,000 HEPA tokens will be distributed as follows:

  • 7,000,000 HEPA: IDO Sale on ApeTools

Besides these 10,000,000 HEPA there are no intentions to further mint tokens outside the scope of our yield farming contracts/token emission schedule.

Yield Farming

Here’s a short breakdown of the first month’s bonus multipliers:

  • Week 1: 256x multiplier = 256 HEPA/block = 7,680 HEPA/minute

The reason we can go crazy with these multipliers is because of the 95% locked / 5% unlocked token supply locking system.

Pools

Hepa Finance will launch with two pools that will reward yield farmers with HEPA:

  • HEPA/TAPE — 1x pool weight (~9.85 HEPA/block during the initial launch week).

Withdrawals

For withdrawals we’re using a slightly more complex system:

  • 1% fee if a user withdraws under 5 days.

Liquidity

The founding team will commit ~$10k worth of BNB to the HEPA/BNB pool to allow for users to easily swap to HEPA in order to enter the HEPA/BNB liquidity farm.

The HEPA/BNB pool on Hepa Finance will initially be seeded with a price of $0.005 per HEPA.

ApeSwap router will be used for all transactions.

Resources

A tool for Binance Smart chains ApeSwap🍌 and Dex trading, #bsc Pairs and Pool explorer, follow for private sale and public sale TG: https://t.me/apetools_ann