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Popcorn's Token Launch Auction

The Popcorn Token Launch Auction (TLA) will be the first opportunity for the general public to join the PopcornDAO by acquiring the POP token. This is a 2.5 day, multi-chain event for the Popcorn community where all proceeds raised will go to the Popcorn Treasury, a smart contract entirely controlled by POP token holders. Check out the FAQ for more on how the auction works.

What is Popcorn?

Popcorn is aiding a revolutionary shift in global systems through accessible DeFi products that align financial wellbeing with positive global impact.

In the next months, the roadmap offers multi-chain curated pools of strategies and DeFi products (on Ethereum, Polygon, Fantom, Avalanche, Solana). These products generate high yield while also funding community selected social impact and non-profit organizations without any extra costs to the end user.

In 2022, the roadmap includes launching DeFi primitives such as a lending protocol that produces a native decentralized stablecoin which has the extraordinary characteristic of creating impact on a community-wide and global level. How? Just holding it supports non-profits and public goods; that’s something that can’t be said of the dollar or any stablecoin in existence.

Popcorn bakes social and environmental impact into the very foundation of the protocol through its extractive and composable DeFi primitives and products where basis points are used to fund social impact and non-profit organizations.

Members of the PopcornDAO, or POP token holders, are stewards of Popcorn and share the common long-term goal of fueling the growth of the protocol, decentralizing the organization, and nurturing the mission of driving social impact for the public benefit in perpetuity.

The POP Token

PopcornDAO is a decentralized autonomous organization of members holding the Popcorn governance token, POP. Tokenholders are eligible to participate in the network by running keeper nodes and voting on proposals that influence the parameters of Popcorn’s smart contracts. Tokenholders also have the ability to vote for non-profits to receive a percentage of protocol fees. Additionally, yield farming and staking incentives will also be available for tokenholders.

Token Launch Auction Details

POP Tokens Offered : 3,750,000

When?
11/29/2021 ~8:00:00 AM UTC until
12/1/2021 ~8:00:00 PM UTC

Where? POP/USDC Copper Token Launch Auction Pool

Networks supported? Ethereum and Polygon

For more information please see the FAQ and the Step-by-Step Guide

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A Token Launch Auction is not like a regular decentralized exchange pool. The price will start high to disincentivize bots, front-running and speculation. Over time, downwards price pressure will be created by the change of relative weights between the two assets. Only participate if you know what you are doing.

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