TechFlow reports that Bounce Brand, a decentralized auction platform, has announced the token sale details for SAVM, the native token of SatoshiVM, Bitcoin's ZK Rollup Layer 2 solution. The Initial LP Offering (ILO) pool and the Random Selection Pool will go live simultaneously.
-
The Random Selection Pool will be open from 8:00 AM, January 18 to 8:00 AM, January 19, Beijing time. The total supply is 420,000 SAVM tokens. Each ticket costs $100 (3.57 AUCTION), and each winning ticket will receive 2,100 SAVM tokens. A total of 200 winning tickets will be selected.
-
The ILO pool ticket price is $250 (8.929 AUCTION) per ticket, with a total of 1,000 winning tickets. Winners will receive Ethereum and SAVM rewards generated from AMM LP trading fees.
Earlier report: Bounce Brand will launch SatoshiVM (SAVM) on its Launchpad on January 19.
