Bitcoin Forum

Announcement 🔥 🔥 🔥 🔥 : REAPX Presale is Live on LID Protocol

Presale Date: 1/02/2021
Duration: 5 Days
Presale link: https://liftoff.finance/#/project/REAPX-10

What is REAPit Wallet?
This social based wallet was designed to allow anyone to stake, add liquidity to their favorite uniswap pools, swap, tip and send tokens to colleagues, fellow DeFi users and a few more friends ;). REAPit Wallet is far from a regular telegram wallet, its a AMM on Telegram.
No metamask! No signup! Just type a command and you are interacting, providing liquidity to pools and getting reward from the DeFi project you like.

FEATURES OF REAPit Wallet
🟣 Add Liquidity to pools
🟣 Stake REAP token (More tokens will be added)
🟣 Swap different tokens Tip any listed token or coin listed on REAPit Wallet
🟣 Send and receive tokens to and from anyone
🟣 List your token (Limited to developer/token owners)
🟣 Mini defi grants to projects on UniSOW (limited to voting)

🟣🟣🟣🟢🟢

How are ETH and tokens distributed for Liftoff token sales?

Eth allocations, as % of raise:
59.91% liquidity
45.00% dev fund (for the project raising funds)
3.09% lid fee
2.00% insurance fee
———————
TOTAL: 110% raised

Token allocations, as % of total supply:
37.44% liquidity
62.56% depositors
———————
TOTAL: 100% of supply

🟣🟣🟣🟢🟢

Official Links:
▪️Website: https://reapit.io
▪️Tg Group:  https://t.me/reapitdefi
▪️Twitter: https://twitter.com/reapitdefi
▪️Medium: https://medium.com/@reapitwallet

i only found a litepaper about this project ?
but i don't see any whitepaper link ? does this project has a detail informations and usually its written in the whitepaper
 

I don't think I am quite understand, how does total raised eth calculation is 110%? Like, you require funding 1.1x of what you actually need? To be honest, I completely don't understand the whole sentence, so perhaps it'll be good to rephrase the entire explanation of the tokenomy itself

I see some advantages of REAPit wallet like ability to send payment at the same page you chat, ability to move your fiat money to crypto and more

I think you already found it, they indeed say in the website "litepaper" but in this thread it was "whitepaper" with the same link. However, on the top left, when you visit "litepaper" on the website, you can see the words "REAPit Whitepaper 2.0.pdf".

I see the softcap is only 50 eth, but I wouldn't say it was a small amount, according to the eth price it will more than 80K usd. Did you guys really think in 5 days you can hit the softcap of your sale? because I smell something mediocre here, nothing new.
Also looks like roadmap can no longer be a reference, I think you should make a new roadmap that is more accurate with your plans.

5 days is the duration for pre-sale, so I think there will be one or two other stages of sales and I'll help reaching soft or hardcap. Also, the softcap is 60eth, not 50.

dev, still waiting for explanation about tokenomy

So a certain percentage of tokens collected through fees will be returned to the organization to solve expenses and operations. Can you tell more about this decision?

I see, also it makes sense if he has another round to hit the softcap, and I am sorry, but I think you are glancing at the project next to it, because it has Softcap 60 eth, while REAPit is only 50 eth.
https://i.postimg.cc/VkHCF3pc/Proof-Reapit.jpg

Hmm... interesting, there's a difference between the whitepaper and ico platform. I got the info from their website and not from the platform, as below:

https://i.ibb.co/b72Xn5N/IMG-20210205-235630.jpg (https://ibb.co/cxCQdh2)

dev, with this, there is another question floating about which information is correct and how did such crucial error happened?

Well, did not go through their whitepaper, I just directly go to the sale link. I didn't realize there was a difference there .

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Too bad here, there is no response from the REAPit team about questions and input here, I think Ann poster should be able to represent them for that but I didn't see it at all. :-\