DeFi is currently like the Wild West, it is making waves in the news, yet at the same time still venturing into unchartered territory. Each new successful project is a new successful test case and usage in the real world. Having said that, one of the cornerstones of a successful project is market liquidity. The issue with a majority of current liquidity incentives are the linear rate of return provided to investors in a market that is anything but linear.

At BlackSwan, the founders questioned why should a liquidity provider get paid the same amount in a sideways market as a market that is collapsing?

How would Blackswan solve this?

Blackswan solves this by incentivizing liquidity when it is needed the most, especially during periods of uncertainty / low liquidity. $SWAN can be seen as a large decentralized insurance contract against itself.

During periods of uncertainty (defined by a significant dip in the average liquidity), SWAN is designed to provide additional value through aggressive staking rewards paid 50% in stablecoins (creating an artificial “stoploss” for liquidity providers) and an increase in demand for the token as people attempt to gain access to these staking rewards.

Expansionary supply will mean that passive staking rewards will be able to go on indefinitely, while a portion of the supply gets siphoned into the Blackswan Fund, the “rainy day” fund for Blackswan’s reward pool, where tokens are converted over time into stablecoins, resulting in a self-correcting system that shifts supply towards liquidity providers to reach equilibrium through rebalance by minting new LP tokens via the Blackswan Fund.

When equilibrium is surpassed, supply will increase through passive rewards to liquidity providers similar to traditional liquidity mining programs with a stable APY.

The robustness of the tokens shall further increase over time as the Blackswan products and ecosystem continues to expand, increasing the fees being channeled into the Blackswan fund.

For further details, view the Blackswan’s whitepaper here, or watch the team’s introductory video below:https://cdn.embedly.com/widgets/media.html?src=https%3A%2F%2Fwww.youtube.com%2Fembed%2FGVnn-ObWmcY&display_name=YouTube&url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3DGVnn-ObWmcY&image=http%3A%2F%2Fi.ytimg.com%2Fvi%2FGVnn-ObWmcY%2Fhqdefault.jpg&key=a19fcc184b9711e1b4764040d3dc5c07&type=text%2Fhtml&schema=youtube

Listing SWAN on the POLYGON(MATIC) Network

SWAN will be issued on the Matic / Polygon network. With MATIC mirroring the BSC address, a Matic wallet will be required to receive the IDO tokens.

If you do not have an existing MATIC wallet, Setup Metamask to access the MATIC network using QuickSwap (think the PancakeSwap of the Polygon Network)

Step 1: Visit QuickSwap at https://quickswap.exchange/#/swap

Step 2: click “Switch to Matic”, a prompt on Metamask will appear to confirm network switch.

Step 3: Approve the request and click “Switch Network”

Step 4: The Matic Network custom RPC should be configured automatically to your MetaMask. Follow the remaining steps on your wallet to connect the wallet to the DEX.

Step 5: Wallet setup is now complete! The wallet address should be the same as your usual BSC address. The network would provide you a very small amount of MATIC to use as gas, which may take up to a few hours to arrive, but we would recommend stocking up some MATIC for subsequent wallet gas usage.

For additional info on wallet setup, visit QuickSwap’s own guide here.

Tokenomics

Total Supply: 10,000,000 SWAN

Development: 20%, 10% to be released during listing, 2 year linear vesting period

Team: 10%, 2% to be released during listing, 2 year linear vesting period

IDO: 70%, which can be further broken down into:

• Liquidity Incentives: 35%
• Oxbull IDO: 25%
• Liquidity 10%

Goal to raise: $200,000

SWAN IDO price: 1 SWAN = $0.08

SWAN Listing price: 1 SWAN = $0.10

Listing on the 9th July 2021, Approximately 1830UTC

100% of IDO tokens to be released shortly after listing. Total Initial Marketcap is estimated to be approximately USD 372,000.

To find out more about how to participate in the IDO on the day itself, read here. Using a Smart Staking approach to Oxbull.Tech’s IDO model, The Public Sale would be categorized into 3 groups:

Tier-1: Guaranteed High Allocation

For a High allocation and a Guaranteedparticipation of the SWAN token, investors would be required to:

• Enrolled Smart Stake for 8,000 OXB tokens

OR

• Enrolled Smart Stake for 4,000 OXB/BUSD LP

before 5th July, 0000 UTC (5 days before the IDO) and MAINTAINED until token generation event. Auto enrollment will be carried out this round.

Qualified Investors will have a pre-allocated time of 9 Hours from 1730 UTC 8th July — 0230 UTC 9th July to contribute to the Public sale pool.

Min contribution: TBA, Max contribution: TBA

Each qualified address will only be eligible for ONE transaction.

Tier-2: Guaranteed Medium Allocation

For a Medium allocation of the SWAN tokens, Investors who are keen to participate would be required to be:

• Enrolled Smart Stake in between 1,000 OXB — 4,000 OXB before 5th July, 0000 UTC (5 days before the IDO) and maintained until token generation event.
• For Investors who were late and missed the staking deadline, the Time lock farm shall be available up until 8th July 2021 0000UTC, where Investors will still be allowed to participate in the IDO, subject to the staked OXB funds being locked for 7 days. Investors in the Time Lock farm will not earn APR nor reflection rewards.

Qualified Investors will have a pre-allocated time of 60 minutes to contribute to the Public-sale pool on the 9th July 2021 between 1400–1500 UTC.

Min contribution: TBA, Max contribution: TBA

Each qualified address will only be eligible for ONE transaction.

Tier-3: Whitelisting program

Whitelisting link: TBA

For a Small allocation of the SWAN tokens, interested Investors will need to hold(Not Smart Stake) at least 50 OXB in their wallet and complete a Whitelisting form and requirements to stand a chance to qualify for the IDO. Whitelisting qualification generally increases with more OXB held and the more active investors are on TG and Twitter.

The Public-sale pool shall be opened to the qualified public after the allocated time for Tier 1 and Tier 2 investors end. Contributions are on a first come first serve(FCFS) basis on the 9th July between 1500–1530 UTC.

Max contribution:TBA

Each qualified address will only be eligible for ONE transaction.

IMPORTANT NOTES: Qualification of Tier-1 and 2 will require ENROLLING SMART STAKING. In the event where an Investor who has not enrolled in Smart Staking but has the required number of holdings SHALL NOT be eligible for the aforementioned tiers.

Smart Staked holdings are required to be maintained adequately until project listing. Any dips below the required holding amount will DISQUALIFY the investor for the project being launched at the time even if the investor has already contributed.

Each qualified address will only be eligible for ONE transaction. Meaning if an address is qualified for tier 1, they will not be qualified for tier 2.

• Website: https://blackswan.network/
• Telegram group: https://t.me/blackswantoken
• Twitter: https://twitter.com/blackswantoken
• Reddit: https://www.reddit.com/r/blackswantoken/
• Medium: https://blackswantoken.medium.com/

Disclaimer:

Our content is intended to be used as information and education purposes only. It is very essential to do your own research and analysis before doing any investment decision or otherwise. Do Your Own Research.

Information is accurate at time of writing and can be subject to change.

Oxbull.Tech shall not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damages and/or expenses and/or any losses you may suffer arising out of such information or any reliance you may place upon such information.

Any further arrangements between you and any third parties contacted via the Website/Affiliated links are at your sole risk.