Tired of searching exchanges for the best market price on that token you so desperately need? Introducing Last Chance, a new way to trade crypto. Last Chance is a decentralized crypto auction site where you can buy assets for prices different from their market value on exchanges. Since each sale is an auction, you set the price (bid) on the token instead of paying the market price. Most importantly, Last Chance is completely decentralized.
Based on Binance Smart Chain, Last Chance’s auctions are run by smart contracts, which store the lots and bids and distribute the winnings. Last Chance also has a built-in reward system that gives out Last Chance tokens (LCT) to all auction participants. Winners are rewarded with the whole lot. Once the auction is finished, all bids are automatically returned to participants in the form of LCT tokens. This way, everyone wins!
That’s what makes this new kind of trading so special, all bids are returned at the end of the auction. We want to popularize this new kind of trading and offer tokens at below-market prices to as many people as possible.
We have just started using our marketing strategy and we are planning several events for our community in the first quarter of 2022.
First of all, we will open a public beta testing of the auction platform, during which we will prepare the platform for an official launch.
Our plans also include conducting IDO on several platforms, as well as TGE.
As for the future, we’re planning to launch ten auctions and attract more than 10,000 users in the first quarter. But that’s just the beginning. We want to be a community-driven DeFi platform and give users a say in how the project develops. That’s why we’re developing a governance token, giving each token holder the ability to vote. Last Chance will also offer staking opportunities to support and grow the platform.
We’re actively looking for partners to take part in our auctions. We plan to unite interested projects with eager DeFi bidders for a win-win situation. Contact us if you’re interested in becoming a partner.
Tokenomics is an important aspect of any blockchain project and is critical to the success of any utility token. Today we are excited to unveil how the LCT will work and how it will be allocated to boost participation by our thriving community. LCT token is an important part of our ecosystem, not only for the project, but for our users too.
We have plenty of incentives for users to participate: staking, providing liquidity, even voting.
As a governance token, token holders have influence over how the project develops. LCT holders can vote to modify auctions and other parts of the project.
Users can stake LCT as well. Just add liquidity to an AMM to get LP tokens, then stake them in our liquidity pools and earn rewards in LCT.
We also offer rewards for providing liquidity. All liquidity providers earn a portion of transaction fees for in-pool swaps, proportional to their share of the pool. We conduct token burning every quarter, once all tokens have been unlocked.
As for bid distribution, 50% of all bids will be allocated for token buyback, 25% for liquidity stimulation, 20% for new auctions, and 5% for platform fees. All auction participants are reimbursed in LCT tokens. Non Winning bids are returned to auction participants in full in LCT tokens within 24 hours, according to the LCT/BNB exchange rate at the moment the auction ends.
The Ambassador Program
Just recently, we opened our Ambassador Program. All you really need is decent overall knowledge of the crypto word, meaning cryptocurrencies, DeFi, DAOs and the like as well as experience at moderating a community. And you’re in even more luck so long as you can speak multiple languages!
The LastChance team doesn’t expect every candidate to be a crypto guru, but some basic knowledge of blockchain technology is still necessary. You can help translate and proofread content of various types, which will then be spread in communities in your language. This said, you’ll play an important role at communicating with LastChance team members.
You will gain tangible rewards in the LCT governance token from LastChance besides having the opportunity to connect with experts and the global fam of crypto enthusiasts. We allocate 2% of the total supply of $LCT to LastChance Ambassadors exclusively.
Participating in the Ambassador Program, you will earn special points, the number of which will depend on how much work you’ve put in, how creative your content is, how many participants there are in your community, on the Discord server, etc. In the future, all of the points you’ve earned will be converted into LCT tokens.The Ambassador Program will feature 3 stages, unfolding over a span of 3 months. The first group of ambassadors will be chosen 2 February 2022, the date the Program launches.
? Official Last Chance Resources:
? Website: https://lastchance.finance/
? Social Media:
Telegram Channel: https://t.me/LastChance_channel
Telegram Group: https://t.me/LastChance_group
Ambassador Program: https://medium.com/@LastChance_auc/lastchance-ambassadors-program-launch-e7c46b59a720