1/🧵 We want to thank you all very much for the incredible interest in our project today🙏🏻 More than 100k participants contributed a combined amount of 74m SPL USDC to both pools, a massive achievement!
2/ We also want to clarify a couple of FAQs to keep everyone updated. You will be able to claim MEDIA tokens & unused USDC starting 30 Apr 2021 at 12:30:00 PM UTC. MEDIA-USDC liquidity pool (LP) opens for trading on Raydium 30 minutes later. Countdown until live trading:
https://media.network/countdown3/ Regarding oversubscription: the price of
$MEDIA tokens in the pools was fixed at $10, meaning that the funds for any tokens that you aren't allocated will be returned as USDC at the time you claim them. Nobody that participated in AcceleRaytor will pay >$10 for MEDIA tokens.
4/ Reward emissions on the Fusion pool will begin approximately 30 minutes after the MEDIA-USDC LP launches, to give users time to add liquidity and stake in the Fusion pool for MEDIA yield farming. APR is not announced yet. Please stay tuned for that info.