TL;DR: Lìrùn Finance utilizing Base (L2) blockchain to build a next-gen DeFi management platform. Products include AMM, Decentralized Perpetual Exchange, AI Trading Bot, auto-compound liquidity, Roth 401(k), and more. Users can earn $ETH by participating in governance, as well as many other high rewards in LIRN tokens. Win $10,000 by joining in presale.

Lìrùn is a futuristic DeFi ecosystem building on BASE, aiming to develop several products including Decentralized Perpetual Exchange, decentralized automated market marking (AMM), AI Trading Bot, etc. Everything is developing on Base blockchain which is one of the faster-growing L2 chains built by Coinbase. Our door is also open for other L2 chains, which we will add in the near future. Also, we want to play one vital role in the Base chain ecosystem and make it possible for users to easily use all the benefits we offer. The goal is to make a newbie-friendly yield-earning resource for everyone.

Lìrùn has its native token, LIRN.

Buy $LIRN Now

Visit https://earlybird.lirunfinance.com/ and follow the instructions.

We planned for this token to be used as the Governance voting power, AI Bot fees, Trading fee discount, and more features. However, LIRN is limited in supply and that’s how it will be a real gem to all holders.

What is Lìrùn?

Lìrùn is a community-governed simplified DeFi protocol with AMM, AI Bot, and Decentralized Perpetual Exchange on the Base chain. It offers to earn both $ETH and Platform native $LIRN. Lìrùn rewards in ETH for being active in the governance voting. It also offers rewards for using all of its services including the AMM, Perp trade, and AI bot.

Lìrùn Finance Features

Lìrùn AMM DEX

Unlike other DEX, Lìrùn has a price exploration and routing algorithm across multiple AMMs that offers token exchanges with the best rate, so we do not only use our DEX but across the chain’s best DEXs. Providing liquidity to our dex earns you extra rewards too. Primarily it will be on the Base chain but with a vision to expand support for multiple L2 blockchains.

Decentralized Perpetual Exchange

At Lìrùn, users can trade BTC, ETH, and other top cryptocurrencies with up to 50x leverage directly from their wallet. Holding LIRN token will deduct all trading fees. (the minimum threshold is yet to be decided by the community)

Lìrùn AI Trading BOT

Lìrùn AI bot is our revolutionary product which ensures profitability of perp trade using AI-generated thousands of small trades in both long and short term. Lìrùn AI strategy is under development and improving every day. At the first release, only LIRN token holders can use this bot for free. The beta release price will be $79 per month.

Fees from bot selling and bot trading are distributed to LIRN governance participants with a maximum reward cap. We set this cap, so whales cannot manipulate or get all the reward alone.

Roth 401(k)

Retirement funds are safe. It’s just like your traditional retirement fund but of course with twists. Your deposit is used to earn yield with our defi strategy smart contracts. You get your profit share when you withdraw. More info soon.

With a Roth 401(k), contributions are deducted from your after-tax income. This means contributions come from your pay after income taxes have been deducted. As a result, there is no tax deduction in the year of the contribution. When you withdraw the money during retirement, though, you don’t have to pay any additional taxes on your contribution or on the investment earnings.

Governance

Lìrùn is a community-governed project where users can participate in voting by holding LIRN tokens. Active voters can earn $ETH reward every month.

Token Specification

Token name — Lirun; Token Ticker — LIRN; Total supply — 21,000,000 LIRN

Early supporter’s incentive 4,200,000 LIRN (20%); Community rewards/farming 8,400,000 LIRN (40%); Early sale 2,100,000 LIRN (10%); DEX Liquidity 2,100,000 LIRN (10%); Marketing and partnership 3,150,000 LIRN (15%) included bounty and airdrops; Team members 1,050,000 LIRN (5%).

• Early supporter incentives are unlocked at 10% every month for the next 10 months.

• Team member funds are locked for 18 months and then 25% every 6 months.

• Partnership and marketing tokens also follow the same rule as team member funds.

• Private round tokens are locked for 12 months and then unlocked all at once.

• Early-bird sale tokens are fully unlocked at the time of launch.

During the private OTC sale, we raised $150,000 for 420,000 LIRN (token to be delivered upon TGE). That’s 20% of the token sell allocation. These tokens are locked for 12 months. Another 1,680,000 will be available during the earlybird sale in different phases where the price will increase in each new phase. Any token that remains unsold in any phase will go to the governance treasury.

Win $50,000 In Early Bird Token Sale Raffle

To celebrate the TGE, we are having a tiny appreciation raffle for our supporters. Anyone who participates in the early-bird sale can win up to $10,000 USD, paid in ETH. There will be 5 random winners for $10,000 USD each.

How it works?

We take a snapshot after the sale event ends, collect all wallet addresses that interacted with the LIRN sale smart contract, and then we put the list into a raffle draw smart contract that can generate random winners and it can be verified on the blockchain. The draw will be done through an auditable smart contract, so you can check it on Basescan. The draw happens when the token sale is finished, and paid within 24 hours (No catch).

How to buy $LIRN?

Visit https://earlybird.lirunfinance.com/ and follow the instructions. Make sure you are using the BASE chain. Use a wallet like Metamask and never use an exchange wallet. You just need to send ETH to the token sale smart contract. You will get LIRN instantly in your wallet.

When Exchange Listing?

LIRN will be listed on some centralized exchange along with our very own DEX & Pancakeswap. We expect to list on October 30, however, the centralized listing may have a different date. We will only use the LIRN-ETH pair for the listing. When it’s listed, you can add liquidity to earn from the trading fees.

Visit Lirun Finance, Follow Twitter, or join Telegram for more info. If you have a business query, you can send us an email at biz@lirunfinance.com

Buy $LIRN Now

Visit https://earlybird.lirunfinance.com/ and follow the instructions.

This official announcement post first published on our Medium blog.