Embr.Finance Is Now Live On Avalanche
It’s been a great week of events leading up to Embr.Finance’s successful launch on Avalanche. The Avalanche Friends NFT Presale Model proved to be a hit, and users loved how easy it was to claim their rewards when it came time. The added bonus of being allowed to keep and stake the NFT collectible was also a big hit. I think this could be a great way to raise funds as needed in the future.
The Liquidity Bootstrapping Pool ended with an EMBR price around 0.80c, though the price was quickly brought to 0.50c as lucky users arbitraged the remaining ~100 NFTs. As of now the Embry NFT has been sold out. The 80/20 pool has been created, and we’re prepared for our farms to start cranking out EMBR for our farmers starting tomorrow, December 17th at 11 AM EST.