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Innovative AMM and Yield Farm on Binance Smart Chain. https://macaronswap.finance/

MacaronSwap IFO: Descrow | Decentralized OTC Escrowing Platform

2 min readDec 24, 2021

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MacaronSwap introduces a second IFO hosted on the platform: Descrow.

IFO Details

The sale on MacaronSwap will be available for only whitelisted users for 1 hour, and it will be open for FCFS after 1 hour of sale.

For whitelisting, users need to pay 20 MCRN on the https://macaronswap.finance/ifo page, which goes directly to the burn address.

Please see the details below for more info.

IFO Date:

December 27, 11 AM UTC

IFO $DOTC Sale Price:

$0.001 per $DOTC

IFO Total $DOTC Amount/Total Raise:

55,000,000 $DOTC / $55,000

IFO Min/Max Contribution:

Will be determined after whitelisting process.

IFO Vesting Schedule:

10% initial unlock, 10% release per month for 9 months

$DOTC Details

Maximum Supply of $DOTC:

1,000,000,000 $DOTC

Circulating Supply at Listing:

6,500,000 $DOTC+ Liquidity

Market Cap at Listing:

$6,500 + Liquidity

Liquidity:

All the funds collected from IFO will be added to liquidity.

Listing Price:

$0.0011 per $DOTC

Tokenomics:

DEX Liq: 50,000,000 $DOTC

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Private Sale: 10,000,000 $DOTC

Public Sale: 55,000,000 $DOTC

Airdrop: 5,000,000 $DOTC

Staking: 400,000,000 $DOTC

Ecosystem: 200,000,000 $DOTC

Advisors: 100,000,000 $DOTC

Team: 180,000,000 $DOTC

About Descrow

The platform helps users to make OTC deals in a decentralized and autonomous escrowing.

What DESCROW intends to provide is a blockchain with a built-in fully fledged Turing-complete describing service that can be used to interact with “smart contracts” that can be used to exchange, barter, distribute assets in a trusted way.

For Private OTC, both parties need to agree on the token type and value size. They create a private ticket to meet on and send their assets to the contract. After parties checks, if token type and values are correct, they give approval for the transaction to be complete on the contract side. After approval, both sides will be able to claim their exchanged assets to their wallets.

For public OTC, users will be able to list their “token bags — a set amount of tokens” or their NFTs to the public. Other users who are interested, give offers to these listed assets. If the seller agrees on the offer, the transaction will be done.

For more: https://descrow.io/

TLDR;​

  • You can exchange-barter any amount of tokens without disrupting their market value and without facing high slippage.
  • Parties can exchange their assets(token, NFT) with smart contracts which don’t require 3rd party as a witness to do the manual operation.
  • Parties can exchange their assets(token, NFT) with smart
    contracts that don’t require 3rd party as a witness to do
    manual operation.
  • Descrow will allow users to barter any type of tokens with the other parties.

Website: https://descrow.io/
Twitter: https://twitter.com/descrowio
Telegram: https://t.me/descrowio

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