LGE
BlockEstate will launch a liquidity generation event on Arbitrum Network SOON.
As the LGE starts, 50% of the maximum supply (50.000.000) of $BEH are offered to investors.
These can be acquired by depositing $USDC in the LGE pool.
BlockEstate aims to raise five million $USDC to acquire real estate in touristic areas as laid out in the investment strategy.
After the LGE ends, investors shares are calculated as following:
x - raised funds
z - investor investment
y - amount of tokens received tokens
y = z / x * 50.000.000
Minimum threshold to raise is $1,000,000 (low cap). All deposited $USDC will be returned, should we end the LGE below this number.
The hard cap or maximum raise for the LGE is $5,000,000. After reaching this threshold no more deposits into the LGE are possible.
After the LGE ends successfully, 20% of total $BEH supply will be paired with 20% of raised $USDC and locked as LP on a DEX.
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