$MANGO Token Launch
$MANGO token launch:
Launch Date: January 10th, 2024
The more you deposit, and the more you refer, the bigger your $MANGO airdrop.
Since its conception, Mangofarm has aimed to do one thing, provide returns to stakers, and has done it exceptionally well so far. Without a dual token system, we’ve produced amazing APY for our farmers. Using the Mining system on MangoFarm.fi we’ve successfully almost $500K in TVL within 2 hours and provided unparalleled yield in the $SOL space. There is simply no better place to grow your $SOL faster than Mango Farm.
As we enter our next phase, many new perks, and capacities of the farm will be announced. Starting with $MANGO token, a liquidity-based token on Solana Mainnet, used to reward, and grow the yield of Mango Farmers, a yield farming absorption system, used to offset the sell pressure of these $MANGO rewards, and a bonding style protocol, but this is for next month…
Below are some launch details we think are important for you, along with a guide on how to MAXIMIZE your $MANGO airdrop during launch.
Firstly, $MANGO will be launched with dual liquidity on both Radium, and Jupiter, allowing for quick, widely accessible, and low-cost transactions when trading the pair. MANGO/USDC, and MANGO/SOL pairs will be available upon launch. The official launch date is January 10th, 2024, and the official time will be announced on our Twitter: www.x.com/MangoFarmSol.
Airdrops:
30% of $MANGO supply is up for grabs, deposit $SOL into MangoFarm.Fi, and based on the amount you deposited, and the amount of referrals deposits, you will get a Mango Airdrop.
Airdrop Points:
You may gain a 1.1x — 4x multiplier on your airdrop based on how many referral points you accrue.
Referral Multipliers are given out based on the number of users, and $SOL that your wallet’s referral link generates.
Referral Multiplier:
Every 10 $SOL referred is equal to a 1.1x multiplier
20 $SOL referred equals a 1.2x multiplier
….
100 $SOL referred equals a 2x multiplier
Depositor Airdrop Points:
Every 1 $SOL is equal to 100 points
20 $SOL is equal to 200 points
…
10 $SOL equal to 1,000 points
As you can see above the system is designed to increase exposure, and drive TVL into the protocol. The more you deposit, and the more you refer, the bigger your $MANGO airdrop.
More clarity and infographics will be dropped by the team soon. Happy Farming! 🥭