LogX, the DeFi SuperApp, the primary out there to introduce leverage prediction markets, has introduced its token launch date as 24th September by way of Twitter
Alongside this, LogX revealed that it has raised $10.1M in a funding spherical that includes investments from Hashed Emergent, Cumberland VC, Saison Capital, Gate Labs, DWF Ventures, Antler, Coinswitch Ventures, Wagmi Ventures, and Kairos Capital.
The airdrop claims will go dwell on the Arbitrum Community, with $LOGX listed on varied CEXs beginning at 12:30 PM UTC.
$LOGX token has been deeply embedded into the LogX Community ecosystem to offer worth to all of the stakeholders. The token includes a capped provide of 1 billion tokens, cut up throughout a number of classes: 67% is allotted to the group, 17% to strategic buyers & advisors, and 16% to the founding group. Out of the 67% allotted to the group, early supporters, together with airdrop contributors, will obtain 12%.
Moreover, $LOGX will act because the native fuel token, offering 100% fuel price subsidies to stakers, and enabling governance participation for DAO voting on key selections like chain integrations and price range approvals.
” We’re excited for LOGX to develop into extra community-owned as we transfer ahead and to replicate this, we’ve got reserved 67% for Group. This token launch represents a big step in our journey.” Akshit Bordia, Co-founder of LogX.
Temporary About LogX:
LogX Community is a DeFi superapp, offering a easy buying and selling expertise for perpetual markets, leveraged prediction markets, and extra. It’s supported by Arbitrum, Hyperlane, and AltLayer. LogX Community sources liquidity from main centralized exchanges like Binance, Coinbase, and OKX, making certain limitless liquidity for DeFi customers.
Web site: https://logx.network/
X: https://twitter.com/LogX_trade
Discord: https://discord.gg/logx
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