Roman Petrenko

$TIC is the native governance token for ElasticSwap. It has no hard cap to its supply, ownership rights to the underlying DAO vault, or guaranteed value of any kind. The ElasticSwap team is a big fan of the fair launch approach taken by Alchemix with their $ALCX token. In designing the launch and release schedule, we've taken heavy influence from their team. We believe that the majority of the tokens should go to people who contribute to the protocol, specifically, the team who builds it, former ElasticDAO members who have chosen to support ElasticSwap, and liquidity providers who seed the markets.

$TIC is the native governance token for ElasticSwap. It has no hard cap to its supply, ownership rights to the underlying DAO vault, or guaranteed value of any kind. The ElasticSwap team is a big fan of the fair launch approach taken by Alchemix with their $ALCX token. In designing the launch and release schedule, we've taken heavy influence from their team.

Liquidator DAO has a business plan that is already profitable: With our funds combined, we short excessively-hyped coins on Binance and other exchanges, forcing over-leveraged traders into liquidation. Each liquidation pushes prices further down, in turn causing more liquidations in a cascade that results in an avalanche of profits for our token-holders. In a perfect world, where market liquidity was infinite and futures markets were perfectly insulated from spot markets, the Liquidator DAO’s strategy would not work.