ARTSY DeFi
  • ARTSY DeFi
  • ARTSY Ecosystem
    • NFT Marketplace
    • Lending and Borrowing on NFT Collateral
    • ARTSY NFT Auction House
    • ART Token
  • Tokenomics of Art: The Foundation
    • Redistribution Token
    • Total Supply
    • Initial ART token distribution
  • Tokenomics of ART: The Presale
    • How big is the presale?
    • How is the raised USDC used?
    • Which chain is the presale on?
    • When is the Launch?
    • Which chain will I receive my tokens on?
    • Where will I be able to get my vested tokens?
  • Tokenomics of ART: After Launch
    • ARTSY Proceeds
    • Trading Fees on Buying and Selling
    • Celestial Buybacks
  • The workings of ARTSY Lending and Borrowing
    • The Basics
    • NFT Tiers
    • Calculating the interest
    • Profiles and Reviews
  • About Us
    • ARTSY Team
      • Chillyo
      • Excell
      • Viondar
      • Zac
    • ARTSY Partners
    • ARTSY Roadmap
  • The Protocol Treasury
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  1. Tokenomics of ART: The Presale

How is the raised USDC used?

Five million ART is offered at a presale price of 5 USDC. The USDC raised in the presale we call the Presale Total (PT) for reference. The presale proceeds are used as follows.

Percentage
Description

50% of PT

is used for the USDC-ART Protocol Owned Liquidity Pool (POLP). ART launches at a price of 5 USDC.

20% of PT

goes towards our founder and main developer to cover over two years’ worth of development.

15% of PT

funds the protocol treasury

7.5% of PT

is rewarded to the partners who helped hosting the presale in the form of an immediate cash kickback.

7.5% of PT

goes towards the rest of the team as a bonus.

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Last updated 2 years ago