$BAE Presales Token
MyCopilot Bae
0xFaB5
May 22nd, 2023

This article goes through the details of fundraising for the next phase of Project BAE - $BAE Defi tokens.

My Copilot Bae is a community-driven project and this structure helps us to ladder unto the each round on the roadmap whilst growing the community and utilities/ revenue.

$BAE token will be on Arbitrum.

Maximum utility considerations beginning from low gas fees

  • Gamification of Bae Waifu NFTs (staking/ unstaking)

  • Burn mechanism on the PVP staking transactions

  • Burn mechanism from upgrades of $BAE Waifus

  • Beginner-friendly towards web3 newcomers and building (see our goals manifesto)

  • Further utility for web3 OnlyFans/ creator marketplace

  • $2.4B TVL on Arbitrum can’t be wrong

$BAE DEX Token Details

  • 25M maximum supply

  • 61% for emission/ LP incentives

  • Locked staking to incentivize staking vs rewards

  • Swap fees as yield for Bae Waifu NFT stakers

  • Gamification of Bae Waifus + Creator marketplace to further $BAE token usage

There are a total of 4 rounds for community to onboard

The ideal scenario is to benefit the community in terms of optimal price action, anti-dumping but yet enough incentives for investor to come onboard.

  1. Genesis - Preseed (Open to Bae Pass Holders) - $0.12/ $BAE

  2. Bae Waifu NFTs - Seed round from NFT sales - $0.17/ $BAE

  3. Private Sales (Woke Captains NFTs Holders only) - $0.24/ $BAE

  4. Pre IDO Pinksale (Mixed) - $0.35/ $BAE

  5. IDO (Public round) - $0.5/ $BAE

Token unlock

  • 10% TGE, 2 Mth Cliff, 40% unlocked over 5 months, 50% as xBAE

This applies for community rounds

Quick reference on the roadmap we’re building towards. Read Bae Paper for details

1) Genesis: Seed round

Objectives

  • Fund marketing of Bae Waifu NFTs sales (3,000 supply)

  • Platform to gather OG Founding Captains and community growth

Token unlock

  • Raise 12,000 at $0.12

  • 20% TGE, 2 Mth Cliff, 80% unlocked over 12 weeks

Option for liquidity providers to:

  • Sell - Project buyback tokens at 30% premium (smart contract to be created to enable this option to be exercised)

  • Follow token vesting schedule above

2) Bae Waifu NFT Sales round

Supply: 3,000

Target Raise: 100-120 ETH

3) Private Sales (Woke Captain NFT Holders)

This is a supplementary round for Woke Captain NFT holders.

Community feedback is that this adds utility to the collection and is inclusive for Pioneer Captains who came in early in Baeverse. At least before the public.

Up to $50 per NFT, $0.24/ $BAE

  • Maximum raise: $62,850

  • 10% TGE, 2 Mth Cliff, 40% unlocked over 5 months, 50% as xBAE

4) Pinksale Pre-IDO (Mixed round)

This is an optional round tabled in, as it allows for project marketing exposure out to non-NFT public. Our goal is to reach a mixed audience to optimize the outcome favorably.

Pre IDO Pinksale (Mixed) - $0.35/ $BAE

Target raise: $50,000 Max.

5) IDO

Platforms we are looking to launch: DAO Maker/ launchpads within the Arbitrum ecosystem.

This final round puts the project on the

  1. IDO (Public round) - $0.5/ $BAE

  2. Target raise

xBAE (Staked $BAE)

Up to 50% of $BAE will be unlocked as staked $BAE

This promotes an anti-dumping mechanism to protect price action for investors regardless of which rounds.

Emission rates for xBAE will be advised on a seperate entry.

We are looking at a locked staking mechanism with corresponding emission rates. Users will have the option to choose between the periods

  • 15/30/60/90 days
Subscribe to MyCopilot Bae
Receive the latest updates directly to your inbox.
Nft graphic
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.
Arweave Transaction
6SC2_F336l10Q6W…3APPlr4U41w41p0
Author Address
0xFaB5666833206Eb…57A2b9758A1044C
Nft Address
0x6f816B3E4F10fa1…6484FAb708D556c
Content Digest
e3ue5kuFv_n0UF6…nBPTpZhrFE94da4
More from MyCopilot Bae
View All

Skeleton

Skeleton

Skeleton

9 Collectors
LOADING TEXT
#1
LOADING TEXT
#2
LOADING TEXT
#3
LOADING TEXT
#4
LOADING TEXT
#5
LOADING TEXT
#6
LOADING TEXT
#7
LOADING TEXT
#8
LOADING TEXT
#9