In this blog we try to resume to the readers some Hidden Gems, launched projects, already listed and trading on several exchanges, with low market capital that can have huge returns for early investors. Please remember that this is not a financial advice, do your own research.
Loyal Finance is a project built on Ethereum Blockchain, belonging to the DeFi Ecosystem, producing a token which symbols are LYL. This Project started in October 2020. The token has total supply of 100000 tokens, of which the initial supply is currently 10086. Tokens left from the Presale on October did get burned, leaving the total supply with 96446 tokens. LYL’s price is approximately 9$ on Uniswap. With total liquidity of 35000$ and 24 hours trading volume of 17200$.
Stages
1. Presale
First stage was concluded, promoting the token to fund adding liquidity, took place in October 2020. Also included the token being listed on Coinmarketcap and Coingecko.
2. Release of $rLYL
rLYL is the reward token given to early investors, holding over 50 tokens in their addresses for a specific period of time. The point of not rewarding $LYL, is to prevent price dumping, most of the investors sell the interest recieved to lock profits away. This stage will be concluded on November 2020.
3. Creation of LOYAL Ecosystem portal with DAO backed decisionmaking for Community members
This stage will be concluded on January 2021, leading to more interaction between the community and the team members.
This was a brief summary of Loyal Finance, don’t forget to check their website before investing, and do your own research.
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Thanks for your attention,
Crypto Army