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IDO LAUNCHPAD

I am delighted to bring you up to speed on the upcoming Meeiro IDO launchpad on the Aptos blockchain.

It is no longer news that Meeiro is launching on of November 9, 2022.

Seat tight as we explore Meeiro.

Here are the few things that we will be looking at in this expose

· What is Meeiro

· IDO Launchpad

· Meeiro Protect

· MEE Staking

· Tokenomics

· Roadmap

WHAT IS MEEIRO ? $MEE

The Meeiro platform is a decentralized IDO launchpad on Aptos. The platform will introduce decentralized fundraising, token staking and governance voting to the Aptos ecosystem. A user driven IDO launchpad on Aptos connecting retail investors and projects together in a safe, secure, and fun environment.

The Meeiro Launchpad's mission is to provide new projects with everything they require to lay a solid foundation for rapid growth and long-term success.

The firsts IDOs will be raised in APT, since there are no standard stable coins on Aptos for now (Only bridged stable are available for now)

ALLOCATION DISTRIBUTION

The launchpad will be connected to Meeiro Staking. We designed this launchpad in order to grow our community while rewarding our loyal holders. The more $MEE tokens you stake, the more IDO allocations you will have.

The allocations users will receive will be as per below:

Each $MEE gives you one "share"

MEEIRO PROTECT

All Vested IDOs on Meeiro will be protected with the Meeiro Protect. The Meeiro team developed this feature in order to ensure all investors and the projects launched on Meeiro have the most ethical opportunities and platform integrity. This is a good initiative by the team.

How Meeiro Protect helps Projects & Investors

Vested sales are a great tool for projects launching with a clear development plan and who are hungry for long-term success. They help projects bring early stability and prevent predatory pump and dumps. This empowers projects to hit the ground running and ensure that they have the opportunity to launch and prove their utility to users and investors without having the rug pulled out from under them.

Likewise, Vested IDOs for retail investors are often met with more skepticism than Fully Unlocked IDOs. This is because, without the proper control mechanisms, a few select projects in the past have abused the Vested IDO structure, or not fulfilled their responsibilities as a functional protocol, and therefore left investors with pennies on the dollar at unlocking months after the IDO.

Meeiro Protect solves both of these pain points for both projects and investors. It allows the ambitious and carefully selected projects Meeiro launches to utilize vested IDOs within their launch strategy, while also protecting Meeiro Investors from any FUD associated with Vested IDOs.

How does Meeiro Protect work?

We’ll demonstrate an example of Meeiro Protect in practice with TOKENS IDO as an example.

Sale Type: Vested | 50% at TGE, 2 months linear vesting (25% monthly)

Token Price: 1 USDC

With Meeiro Protect, your original IDO investment is protected by Meeiro, here’s how:

If the project’s Token Price is below Pre-Sale on any Vested Unlock Day within the Vesting Schedule, IDO Sale participants will be refunded their original investment by Meeiro in USDC of equal value to the Pre-Sale price for that unlock.

If the project’s Token Price is below the Pre-Sale value for 2 consecutive Vested Unlock Days (e.g. Month 2, Month 3), participants will be reimbursed their remaining investment amount in USDC by Meeiro for all remaining Unlocks and the vesting schedule will be terminated. It is that simple.

For further explanation, take the below example:

Here are 3 examples to demonstrate how Meeiro Protect works:

Here’s what a Successful / Normal Vested IDO breakdown would look like with Meeiro Protect:

Event

Unlock %

Token Price

You Receive

TGE (Pre-Sale)

50%

$1.00

50 TOKEN

Month 1

25%

$1.50

25 TOKEN

Month 2

25%

$3.00

25 TOKEN

Total

100%

N/A

100 TOKEN

So, if you had purchased $100 USDC of $TOKEN at 1 USDC during the IDO, you would be able to claim 100 TOKEN in total. First, 50% at the TGE on September 14th, 2022 (50 TOKEN) and then 25% the next 2 months following (e.g. November 15th: 25 TOKEN, October 15th: 25 TOKEN).

Here’s what a Partially Refunded Vested IDO breakdown would look like with Meeiro Protect:

Event

Unlock %

Token Price

You Receive

TGE (Pre-Sale)

50%

$1.00

50 TOKEN

Month 1

25%

$1.50

25 TOKEN

Month 2

25%

$0.65

25 USDC

Total

100%

N/A

75 TOKEN, 25 USDC

However, if the Vesting Unlock period was longer than 2 months (e.g. 3 months, and the Token failed to meet or surpass its Pre-Sale price for 2 consecutive months, the vesting schedule would be terminated and all remaining unlocks would be reimbursed to the investors.

$MEE STAKING

MEE holders have the possibility to stake their token into the staking pool to access several benefits:

IDO sale

Governance

MEE tokens can be staked into the staking page to earn yield from protocol revenue. A portion of protocol revenue is used to buy back and distributed to stakers.

sMEE requires 2 weeks time to un-stake and be claimable. Once you initiate the un-staking process, your token will be linearly unlocked over 2 weeks. During this period, there will be no yield generated and the tokens cannot be used to participate in governance or IDOs.

Users also have the possibility to instantly withdraw. This comes with a penalty of 15%. Which means Meeiro will take a fee representing 15% of the staked position in $MEE token. This fee will be added to the DAO revenue, and be used to rewards the remaining stakers.

APY for staking is displayed with last week's APY and also cumulative APY (year to date). Due to many factors, the APY is indicative and will not reflect future performance.

GOVERNANCE

The goal behind the Meeiro DAO is to put the community in the center of all decisions. Having a DAO in place will provide a solution to the principal-agent problem. This dilemma arises when a person or group has competing priorities with those who make decisions and act on their behalf. Through community governance, DAOs resolve this dilemma.

The DAO will be at the center of these two user interactions:

Project Voting: Before launching any project in the future we will first make them pass the DAO vote. If the community considers that a certain project doesn't deserve to be launched they can reject by voting against it.

Proposal voting: This can be applied to any kind of decisions related to Meeiro such as Treasury management, Smart Contract updates, etc.

How to join the DAO ?

The DAO participation will be accessible with the $sMEE (the token representing staked $MEE), each $sMEE will correspond to one vote.

TOKENOMICS

The $MEE token will be a native Aptos token. $MEE will power the entire Meeiro platform and governance.

Vesting and distribution

The token supply is fixed at 50,000,000 tokens, meaning the max tokens in circulation will never surpass this amount.

Allocation

%

N° Token

Vesting

Team and Advisor

25%

12,500,000

18 months lockup / 24 months linear vesting (4.17% each month)

Raising supply (Private + Seed)

15%

7,500,000

5% TGE / 4 months lockup / 12 months linear vesting (7.92% each month)

IDO

5%

2,500,000

100% unlock at TGE

Liquidity

25%

12,500,000

10% TGE / 3 months lockup / 6 months linear vesting (15% each month)

DAO Treasury

30%

15,000,000.00

5% TGE / 3 months lockup / 12 months linear vesting (7.92% each month)

The team tries to do the bet on bringing huge utility to the token to bootstrap its adoption instead of boot-strapping our platform use and token use by rewarding users with a ton of tokens.

The initial circulation supply of MEE will be 2,875,000.00 MEE. Please keep in mind that this is the circulating supply, not the unlocked tokens, meaning it excludes all team controlled tokens, such as DAO treasury and liquidity. Team controlled tokens will be unlocked, however not in circulation.

ROADMAP

The Meeiro.xyz roadmap's timeline is entirely dependent on the resources and funding we are able to allocate to the project. The roadmap is divided into quarters:

2022

Q2

Concept creation

Platform / Smart Contract definition

Development begins

Meeiro Branding begins

White Paper

Pitch Deck

Q3

Meeiro Branding finalized

Social media launch

Landing page live

Discord opening

Q4

Platform live

MEE IDO

MEE TGE (token generation event)

MEE listing on DEX/CEX

MEE staking live

First IDO on Meeiro

2023

Q1

MEE liquidity buy back start

MEE LP tokens staking for IDO participation

Q2

DAO live

MEE Governance start

Project IDO Voting through governance

In conclusion, The Meeiro team is putting together a unique and arguably the best IDO launchpad on Aptos ecosystem. Find some time to read about the project.

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