🪙What is $LION?

The MegaLion organization created 1B tokens, and budgeted 40M tokens to be sold to purchasers. In the current token offering, we are projecting to sell 40M tokens, targeting a raise of $23.75M USD denominated in ETH. Should the demand be higher, MegaLion can decide to re-allocate token budgets to expand the sale. With the above, the cap share distribution changes in favor of the community. As such, a higher market demand within the sale simply allows for more exchange listings on the LION network and augments the value of the platform. Our method of drip liquidity ensures that earlier token holders cannot immediately “dump” all of their tokens after the purchase. After the token generation, the members voted to introduce a liquidity option that releases the token liquidity in 4 equal releases every 84 days.

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