Token Stability
Last updated
Last updated
Locked Liquidity - The Liquidity Reserve of the project will be locked for at-least 12 months (subject to extension), ensuring no rugpull scenario from the team.
KYC’ed Team - The founders and lead developers of this project have KYC'ed with PinkSale Platform, ensuring a risk-free investment.
Audited Smart Contract - The smart contract went through a full scrutiny and audit before launch. The Audit report will be made available to all investors for their satisfaction.
We plan to undergo another smart-contract audit done by a Tier 1 audit platform later on, for the peace of mind of our investors.
A purchase and sell limit is established per wallet. AstraVerse’s smart contract has implemented an anti-whale mechanism which will limit the amount of tokens one can buy and sell. Just like every investor's expectation, we don't want surprises (negative) on our charts. Giving anyone too much power is definitely an unacceptable thing to do and against the idea of a just community.
The community and presale tokens will be vested in different vesting tiers having different time-periods of vesting. These are to ensure that no investor has the capacity to negatively impact the project immediately. After each vesting interval, only a certain percentage of tokens will be airdropped. The same has been explained in detail below:
Community Presale Vested Distribution Schedule - We offered 2,13,767,709.15 (Approx.) AstraVerse tokens during this phase. We also placed all of it on a vesting plan. This is to mitigate the effect on price when a single person wishes to dump their holdings. The vesting of these tokens is divided into three Tiers having 5 months, 4 months and 3 months vesting schedules respectively. A fourth Tier was provided for investors who hold a small amount of AstraVerse tokens (below 200,000). The fourth Tier offered fully unlocked tokens as the price impact of someone selling 200,000 tokens is low. For the first three Tiers, each month a specific percentage of tokens will be unlocked and airdropped to their wallets.
Pinksale Presale Distribution - Third-party website Pinksale (https://www.pinksale.finance) will vest and lock the tokens for presale investors. Just like the community distribution, we also limited the number of tokens any individual can buy during this phase and placed nearly all of it on a vesting plan. This again is to mitigate the effect on price when a single person wishes to dump their holdings. 40% of the tokens will be unlocked every 7 days over a period of 2 weeks for the presale investors.
