Larix is the first Metaverse based Finance Protocol on Solana, adopted a dynamic interest rate model and created more capital-efficient risk management pools, as such a broad selection of collateral types, crypto tokens, stablecoins, synthetic assets, NFTs, and other kind of assets (account receivables, invoices, mortgages, etc.) can be fully utilized in a safe way. Furthermore, the rewarding system based on a delicately designed token economy enables continuous incentive allocation to boost demands. All VALUABLE assets could be accepted by Larix.
Larix is the first lending protocol on Solana who maintains basic SPL lending needs and who aims to bridge new types of tokens like synthetic assets, and NFTs. Therefore, lending/borrowing is an infrastructure for determined token holders who have great confidence on token value and also want to get APY interests in the long-term besides value growth. Larix now is:
Encouraged and inspired by the Solana team, we are determined to take the challenge and the opportunity to build Larix – the lending gateway of Solana, Raydium, and Serum. Larix leverages pool-based collaterals and a dynamic ratio optimizer to enable instant loans.
Larix Distribution
Larix has a maximum supply of 10,000,000,000 (10 billion) tokens, which are allocated to mining and platform users, foundation and treasure function, team, and investors. [Mining & Pool Reserve] accounts for 55% of all.
*Daily release is an average number, actual release is dynamically changed.
The [Mining & Pool Reserve] is split into 3 portions to cover the 3 project phases over 5 years horizon. By design, 20% of the tokens are used for mining to enhance the APY of borrowing and lending. 10% and 25% of tokens incentivize the initiatives under Phase 2 and Phase 3 business planning respectively. The exact token allocation among the three phases may vary depending on market condition and product roll-out.
Phase 1: Jun – Sep 2021
Phase 2: Late 2021 to 2022
Phase 3: 2022 onwards
This offer is based solely on information provided by the offeror and other publicly available sources.
The token sale or exchange event is completely independent of ICOholder. ICOholder is not involved in any way, including technical support or promotion.
We list token sales from entities with which we have no relationship to help users track overall activity within the token sector. This information is not intended as advice, and you should seek professional or specialist guidance or conduct your own due diligence before making any decisions based on our content.
Any terms and conditions regarding token acquisition are solely between contributors and the token issuer. ICOholder is not the seller of these tokens.
ICOholder is not legally responsible for any representations made by third parties about any token sale. Any claims for breach of contract must be directed against the listed token issuing entity.
If you have concerns about the nature, legality, or propriety of a token sale or the involved individuals, please contact info@icoholder.com with detailed information.