Hero League
Last updated
Last updated
Hero leauge is a 72-hour PVP game for just 10 tokens. The Acquire team will review the addresses that submitted token nominations, and then select the 10 tokens using a combination of their own logic and randomization. How can you increase your chances of having a token released in the Hero league? 1) Participate in the General league, and 2) collect lots of points!
Participation: Only 10 carefully selected meme coins participate in the game.
Territory: The size of one square is $10k in market capitalization. For every $10k increase in market capitalization, each meme coin will expand to a random neighboring territory. Snapshots are taken every 5 minutes, and the change in market capitalization is reflected in the territory.
Acquisition: If the territory of Meme coin A and the territory of Meme coin B become adjacent, and the market capitalization of Meme coin A is larger than that of Meme coin B, Meme coin A will acquire Meme coin B. The acquisition happens in three steps
Liquidity removal: B Meme coin's liquidity will be removed.
Buy A Meme coin: B Meme coin's liquidity is used to buy A Meme coin.
Distribution to B holders: The A Meme coin purchased with B Meme coin's liquidity is distributed to B holders. The distribution ratio is (investment principal)/(total liquidity) of each holder. If a holder's investment principal was initialized by transferring assets, he/she will receive 1/n of the remaining Meme coins.
Dex listing: At the end of the 72-hour round, the surviving meme coins will be listed on the dex.
Token Supply: Total supply is 1B. 20% is for liquidity and 80% is for bonding curve sales
