Daima Token(DAIMA) IFO to be Hosted on ChimpySwap
CHIMPY holders, today we are tremendously excited to announce Daima Token (DAIMA) as the first Initial Farm Offering to be hosted on the ChimpySwap IFO platform.
What is Daima Token ?
Introducing Daima Token, the first token dedicated to saving the Parrot wildlife species in the Jungle and also maximizing the double reflection rewards to it’s holders, at a ratio of 80% given in $BNB (Binance Coin) which will provide immediate benefits to the user short & mid term, and 20% provided in $BANANA specifically built to provide profit for long term investors.
Just hold Daima Token to earn 2️0% BNB (8% from buy + 12% from sell) and 5️% BANANA (2% from buy+ 3% from sell), on every buy & sell transaction, automatically every 60 minutes.
Below we shall investigate the benefits of these two great projects and show how providing reflections in these two tokens will fulfill Daima Tokens plans for their userbase.
🔶 8% BNB. Currently, BNB price is hovering around the $500 mark, though market analysts predict that we will see an increase to $1000 by the end of the year, as BNB is the native token of the Binance exchange platform and Binance smart chain Blockchain which is a rival of Ethereum with much better technological advantage and solid innovation with billions of transactions being completed every day.
🍌2% BANANA (ApeSwap’s native token) Currently, BANANA price is hovering around the $1.95 mark, though market analysts predict that we will see an increase to $10 by the end of the year due to its presence as the Multi-chain decentralized Automated Market Maker (AMM) on Binance Smart Chain & Polygon.
Daima Token Features
Anti-dump
Sells are restricted to less than 0.05% of the total supply. Buys have 0.5% limitation. So we will only see big buys and never see a big dump.
Anti-bot Exploit
The Buyback and Burn will only cover the same sell value under a certain threshold. So massive bot-triggered micro-sells will not dry out the buyback fund.
4% Big Marketing Plan and Donation
2% of every transaction is allocated to Marketing and 2% allocated to the #Save Parrot Wildlife Donation wallet in BNB (swapped to BNB in real time to avoid dumps).
$DAIMA Token Distribution
- Pre-Sale 44%: 44,000,000,000
- ApeSwap Liquidity 24%: 24,000,000,000
- Marketing Fund 12%: 12,000,000,000 (Vested for 12 months )
- Dev Fund 9%: 9,000,000,000 (Vested for 36 months)
- Airdrop 1%: 1,000,000,000 (Vested for 3 months )
- Burned 10%: 10,000,000,000 (Send to Dead Address before Launch)
To learn more about Daima, click https://daimatoken.net/.
What is the “Overflow” sale method?
TLDR: Basically, the more you put in, the more you will get, and you’ll get back anything that doesn’t get spent.
In the “Overflow” method, users can subscribe as much or as little as they want to the IFO, and their final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will receive back any leftover funds when they claim their tokens after the sale.
To participate in the IFO:
Before Sale:
- Create an active ChimpySwap profile
- Buy CHIMPY tokens
During Sale:
- While the sale is live (Starts in block 13760000), commit your CHIMPY tokens to buy DAIMA tokens at chimpyswap.com/ifo
After Sale:
- When the sale is complete, claim your DAIMA tokens and your unspent funds will also be sent back to you.
- Done! In the case of an overflow you can unstake your remaining Chimpy tokens.
If you decide to acquire CHIMPY tokens before the IFO starts, you can stake them here to earn CHIMPY tokens rewards while waiting for the sale.
An Explainer: What are the 2 different sale sessions?
Basic Sale ($8,850, 30% of Sale allocation)
Want to participate in the IFO and get the most bang for your buck? This is for you.
In the “Basic” session, each person can contribute a MAXIMUM of $100 equivalent in CHIMPY tokens.
The number of tokens available in this format will typically represent around 30% of the total sale.
Note that the final allocation you receive will still be subject to the total amount raised in this session, but the good news is you’re not battling any whales.
Unlimited Sale ($20,650, 70% of Sale Allocation)
As the name suggests, the “Unlimited” session has no limits on the amount each person can contribute. However, this comes at the cost of a participation fee.
The number of tokens available in this format will typically account for 70% of the total sale.
How much is the participation fee?
The participation fee will start at 1%, which is only applied to your contribution to the “Unlimited” session.
The 1% participation fee decreases in cliffs, based on the percentage of overflow from the “Unlimited” portion of the sale.
The fee cliff for the Daima IFO is as follows:
In the “Unlimited Sale” method, users can subscribe as much or as little as they want to the IFO, and their final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will receive back any leftover funds when they claim their tokens after the sale.
While a few things may be subject to initial change, two things are sure:
- You will need CHIMPY tokens to participate.
- If the full $20,650 USD allocation is raised, then at least $10,325 USD of CHIMPY tokens will be burned forever.
We will also be running a Chimpy Jungle and Yield Tree for Daima.
Project Details
Project: Daima Token (DAIMA)
Website: https://daimatoken.net
Contract Address:
https://bscscan.com/token/0x57d8b2cfa82b800859cda65ac5fd7e3e46f75295
Twitter: https://twitter.com/DaimaToken
Telegram (EN): https://t.me/daimatoken
Docs: https://moonteamx.gitbook.io/daimatoken/
Disclaimer — All projects are subject to both high market risk and volatility. Please, do your own research and full due diligence before even considering investing your funds in any project and please, make your investments very cautiously. ChimpySwap will not be held responsible for any investment losses.
