SEXP Presale: 200% APR

SEXP is a decentralized exchange for trading synthetic assets built on Tezos. Our roadmap and more details are available at the main site.

May 14th 16:00 UTC - May 17th 16:00 UTC

The presale ran from Friday 14th to Monday 17th and it is now finished. The presale is denominated in USDT. Contributors can contribute in XTZ on Tezos and/or in USDT on Binance Smart Chain.

Presale Info

The presale is now finished. The next opportunity to get SEXP is going to be the public sale. We are going to publish a summary of the presale and some statistics soon.

FAQ

Where can I see a video preview of the product?
We have a preview of SEXP Binary Options on Youtube.
Where can I see the source code of the project?
You can find the code of SEXP Binary Options in our git: gitlab.com/smartcontractlabs.
How are XTZ contributions counted?
XTZ value at the time of contribution is used to calculate the value of the contributed XTZ.
Can I use Tezos based stable coins, or stable coins wrapped on Tezos?
No. If you want to contribute while not sending funds out of Tezos platform, use the XTZ contribution option.
Can I contribute in USDT on Ethereum or Tron?
No. Only contributions in USDT on Binance Smart Chain are supported.
Does the precise timing of my contribution matter in the presale?
The timing matters only due to XTZ price fluctuations. If you are contributing USDT on BSC, it doesn't matter. With the exception of XTZ price fluctuations, everyone who contributes during the presale window gets the same deal. The presale window is from Friday 14th May 16:00 UTC to Monday 17th May 16:00 UTC.
How much can I contribute?
However much you want. Minimum contribution is 100 USDT or the XTZ equivalent.
Is there a cap on contributions?
We want to let as many people join as possible, so there is no maximum contribution per user nor a maximum number of raised funds.
Is there a cap on the number of tokens made available in the presale?
The sum of tokens available in presale and public sale is 15% of supply. See below for more details on how it works.
What's the presale price?
The presale participants get a percentage bonus over the token price in the subsequent public sale, so that resulting APR for presale participants is 200%. For example, if the public sale is 90 days after the presale, the presale participants would receive 1.4931x as many tokens as a public sale participant contributing the same amount in USDT.

Price discovery will happen in the public sale, and presale participants are guaranteed 200% APR.
When is the public sale going to happen?
The precise date of the public sale is going to be announced later, when our new products are closer to launch. Our plan is to run the public sale about 90 days after the presale.
What's the token distribution?
The distribution is:
- 10% Marketing
- 10% Platform Incentives
- 20% Operations & Dev Grants
- 20% Founding Team (locked)
- 25% Locked for Public Sales in the Future Cycles
- 15% Public Sale & Presale
What's the unlock schedule for the Founding Team allocation?
The Founding Team allocation is going to be unlocked quarterly, over a period of one year.
How long are the 25% tokens for future public sales locked?
The Future Cycles allocation is locked for several years. Taking into account the cyclicality of crypto market, the aim is to carefully distribute those tokens in some of the next bullish eras.
I don't get it, what is the public sale price going to be?
We have prepared examples below.
Are any regions restricted?
Participants are responsible for making sure their participation is legal in their own jurisdicion. Participants from the US are not allowed.
How is the region restriction implemented?
The participants are asked whether they are US persons. Only the participants who answer that they are not US persons can participate.

Example Outcomes

The public sale is going to work like this. The 15% allocation of tokens is distributed among the contributors in the public sale and the presale. Presale contributions are multiplied so that presale participants get 200% APR. The value of all contributions is added together, and the token price is calculated with this formula:


				tokens_per_usd = 15_percent_tokens / all_contributions

Since the math involved can be tricky, we have prepared a few informative examples (decimals are used when calculating but not shown here). The examples are with total supply of 1000 000 000 000 tokens.

Since our plan is to run the public sale 90 days after the presale, the presale multiplier would be

200% / 365 * 90 = 49.31% bonus, + 100% base = 149.31% = 1.4931x

100k Presale and 2m Public Sale
100k from presale is multiplied by 1.4931 and added to the 2m from public sale. Then we calculate the token price.

contributions: 100000 * 1.4931 + 2000000 = 2149310
tokens_per_usd: 150000000000 / 2149310 = 69789
token_price: 1 / 69789 = 0.0000143287333333
200k Presale and 1m Public Sale
200k from presale is multiplied by 1.4931 and added to the 1m from public sale. Then we calculate the token price.

contributions: 200000 * 1.4931 + 1000000 = 1298620
tokens_per_usd: 150000000000 / 1298620 = 115507
token_price: 1 / 115507 = 0.00000865746666664
400k Presale and 10m Public Sale
400k from presale is multiplied by 1.4931 and added to the 10m from public sale. Then we calculate the token price.

contributions: 400000 * 1.4931 + 10000000 = 10597240
tokens_per_usd: 150000000000 / 10597240 = 14154
token_price: 1 / 14154 = 0.0000706482666668
100k Presale and 2m Public Sale, Public Sale 110 Days After Presale
200/365*110 is 60.274 which gives us a multiplier of 1.6027. 100k from presale is multiplied by 1.6027 and added to the 2m from public sale. Then we calculate the token price.

contributions: 100000 * 1.6027 + 2000000 = 2160273
tokens_per_usd: 150000000000 / 2160273 = 69435
token_price: 1 / 69435 = 0.000014401826484

Contact

Talk to other participants and our team in our Telegram channel SEXP Community
Reach the team by email: mailto:[email protected]
Subscribe to our Twitter: @getsexp
Git: gitlab.com/smartcontractlabs