LGE

Please note that EMPIRE/COIN Coin LP tokens are permanently wrapped and can never be redeemed for the underlying assets, this is what makes the Weaponised Liquidity feature possible.

COIN = Native coin for the network you are contributing to the LGE on. So FTM on Fantom, AVAX on Avalanche etc. EMPIRE = EmpireDEX token for that network. EMPIRE on BSC, FDED on Fantom, ADEX on Avalanche etc.

LGE Specifications:

The Liquidity Generation Event (LGE) is a fair launch event. EmpireDEX launches are designed to be as fair as possible to all participants and use a trustless smart contract meaning at no point can funds be stolen from those who take part in the LGE.

LGE’s last for 14 days during which participants can deposit the native coin for that network. So FTM for Fantom, ETH for Ethereum, AVAX for Avalanche etc. After the LGE has finished, the raised funds are paired with 60% of the supply of Empire tokens for that network to create liquidity for Empire/COIN LP.

EMPIRE/COIN LP is highly incentivised via 3 ways:

  1. Staking EMPIRE/COIN LP has the highest allocation of EMPIRE tokens in our staking pools.

  2. Staking EMPIRE/COIN LP will earn you the highest yield rewards in COIN token. When we use the Weaponised Liquidity feature on the EMPIRE/COIN pair, some of the COIN swept from this is allocated to the staking pool.

  3. EMPIRE/COIN Liquidity Providers have exclusive access to earn and claim a share of the Stablecoins generated in the stablecoinvault.

The Stablecoin Vault accumilates 0.05% of all trades on EmpireDEX across every tradable pair, and sells that into a stablecoin (differs for each network) which is then provided as an exclusive passive stablecoin income for EMPIRE/COIN LP owners.

Token Distribution of LGE:

EMPIRE/COIN LP & EMPIRE tokens are distributed proportionally to contributors to the LGE based on the amount of COIN they have input.

6,250 EMPIRE tokens for LGE are split as follows:
• 6,000 for initial liquidity (EMPIRE/COIN)
• 250 as bonus tokens
_images/lge.png

Admin fees for LGE duration:

There is a 10% admin fee on all funds deposited during LGE, which is divided as:
• 50% Empire Treasury
• 50% Marketing
Empire Treasury
• 5% of LGE input
Contract Address:
0x5abbd94bb0561938130d83fda22e672110e12528
Empire Marketing
• 5% of LGE input
Contract Address:
0xA581289F88A2cC9D40ad990F5773c9e6973bc756

LGE Schedule:

EmpireDEX will have a rolling series of LGE’s as it continues to expand to more networks. Currently planned LGE events are as follows below:

Network

Start

Finish

Fantom

23rd September

6th October

Avalanche

30th September

13th October

Polygon

6th October

20th October

xDai

13th October

27th October

Arbitrum

20th October

4th November

Optimism

27th October

11th November

OKEx

4th November

18th November