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Liquidity Generation Event
IMON Liquidity Generation Event
A Liquidity Generation Event (LGE) is an innovative initial token distribution mechanism enabling a free and fair participation process with no pre-sales, private sales.
Liquidity Generation Event is a fair launch event designed to reward every participant equally. In this event, IMON (Intelligent Monsters) will utilize a smart contract that accepts only MATIC(Polygon), and users can contribute to the launch contract using the tokens.
After the completion of a 14 day deposit period, the MATIC collected will be paired with 90% of the supply of IMON tokens to create the first IMON pool.
Users can join the LGE pool with $MATIC(Polygon) coin. The total $MATIC coins collected in the pool till 03–07–2022 00:01:12 are divided by the price(0.0001 $MATIC), and the amount of $IMON tokens earned for each $MATIC coin is calculated and distributed to the users. The same amount of $IMON coins is added to the liquidity along with the $MATIC coins collected in the pool.
User 1, join the LGE event with 1 $MATIC user 10000.0 $IMON earns;
$MATIC1/$0.0001= 10000.0 IMON tokens.