On June 24th, the Nami Frame Futures project appraisal voting event officially ended. Nami Frame Futures received 97.86% “Yes” votes. This means that this project will be officially open for sale on the ONUS Launchpad.
ONUS team officially introduces the Nami Frame Futures (NAO) Token Sale on the ONUS Launchpad.
NAO Token Sale Details:
- Launchpad Hard Cap: 14,000,000 NAO
- Public Sale Token Price: 1 NAO = 1,000 VNDC.
- Token Sale Format: Deposit VNDC at ONUS Launchpad. NAO will be distributed evenly based on the amount of VNDC submitted to buy.
- Subscription Period: From 01:00 PM UTC, June 29th to 07:00 AM UTC, June 30th.
- Allocation Period: 07:00 AM UTC, June 30th.
- Token Distribution: 09:00 AM UTC, June 30th.
- Airdrop 1,000,000 NAO for investors using Futures, know more about this Airdrop here.
- Conditions: all ONUS users with a VIP 2 account (completed KYC Advanced).
Features to be unlocked after the NAO Allocation period:
- Enable Exchange feature for NAO/USDT pair from 08:00 AM UTC, June 30th.
- Enable On-chain/Off-chain transactions from 08:00 AM UTC, June 30th: Send and receive NAO with other users via ONUS and BEP20 networks.
Notes
The total supply of 100,000,000 NAO is allocated as follows:
- Launchpad (15%): Open FairLaunch sale of 15,000,000 NAO to the community (including 14,000,000 NAO at the ONUS Launchpad feature on the ONUS app; and 1,000,000 NAO on the ONUS DeFi Launchpad). No Seed and Private rounds. Fully unlocked.
- Liquidity Creation (6.25%): For NAO/VNDC trading pair (80% liquidity on ONUS, 20% liquidity on Nami Exchange), listing price 1 NAO = 1,200 VNDC.
- Retroactive (1%): Distributed to the first users to use the product, evenly divided by the transaction volume.
- Development Fund (77.75%): Locked. Unlocked by community vote for Airdrop programs, transaction incentives, cooperation,…
Investors please refer to the project’s Whitepaper.
Note: ONUS Launchpad is the platform to support projects with their first token sale to the community. Every project goes through an appraisal process from ONUS, ensuring users can access quality projects. However, due to the nature of the market, ONUS will not be liable for any property loss. Investors please learn carefully, make sure you understand the risks and be cautious when investing.
Details and Instructions
NAO Launchpad will take place in 04 major phases:
Phase 1: Determine buy options
NAO tokens are offered for sale in VNDC. The maximum buying option is the maximum amount of VNDC you can use to register to buy, determined by the formula: Maximum buying option = vONUS points * ONUS/VNDC exchange rate at the time of determining the buy option (01:00 PM UTC, June 29th).
For example, if your point is 1000 vONUS, and the ONUS price at 01:00 PM UTC, on June 29th is 12,000 VNCD, then you are allowed to use up to 12,000,000 VNDC to register to buy NAO tokens.
The default buy option for members from VIP 2 and above is 2,000,000 VNDC.
Phase 2: Subscription
Starting at 01:00 PM UTC, June 29th, we officially open ONUS Subscription.
The period is from 001:00 PM UTC, June 29th to 07:00 AM UTC, June 30th.
To register to buy NAO, you need to submit VNDC into NAO’s Launchpad Pool. The amount of VNCD will be locked temporarily and used after the allocation.
Phase 3: Token Allocation
ONUS will calculate your NAO allocation at 07:00 AM UTC, June 30th. You will be allocated the amount of NAO equivalent to the VNDC rate you submitted in the NAO Launchpad pool. Thus, you can surely buy NAO, but the volume will depend on the allocation rate.
Phase 4: Claim Token
At 09:00 AM on UTC June 30th, ONUS will complete the token allocation. ONUS system will automatically transfer this amount to your account (100% unlocked). You need to access Launchpad to claim your remaining VNDC.
About Nami Frame Futures and token NAO
Nami Frame – Futures is a project co-developed by Nami and ONUS, providing users with perpetual futures derivatives trading products, with high leverage from x1 to x125 for more than 150 trading pairs in VNDC, USDT,… Through the integrated solution of Nami Frame – Futures, ONUS users can experience Nami’s products and services without worrying about account opening, KYC, app download use, deposit, and withdraw. All connected seamlessly on ONUS’s app with Nami’s Futures integration.
Nami Frame Futures (NAO) is the central token of the Nami Frame – Futures project, distributed in the form of Fair-launch and has a special governance mechanism. NAO tokens can be used for the following purposes:
- NAO holders are entitled to share 20% of profits from transaction fees in proportion to their ownership in the Governance Pool.
- NAO holders have the right to participate in voting for decisions to unlock tokens as proposed by the project.
- Reduce transaction fees by up to 40%.
Specifications:
- Name: Nami Frame Futures
- Ticker: NAO
- Token Type: Governance Token
- Total Supply: 100,000,000 NAO
- Platform: BNB Chain
- Standard: BEP20
