$BLAZE IDO on BSCstarter

Let’s light it up!

5 min readMar 29, 2021

The moment you’ve all been waiting for…

The BLAZE private sale to the trees.finance Smokers Club sold out in a flash. Now, here’s your chance to get your hands on BLAZE 🔥

The $BLAZE public sale will be held on Saturday, April 3rd at 2:00 PM UTC on BSCstarter.

⏰ Countdown timer: https://countingdownto.com/countdown-pages/EdjaQSkM

What is BCSstarter?

BSCstarter is a community-governed launchpad for the Binance Smart Chain. The BSCstarter platform is built for investors from all walks of life. It aims to democratize early-stage crypto investing by helping promising BSC projects launch to a wider audience while providing a trusted platform for investors.

BLAZE x BSCStarter Pool

The BLAZE pool on BSCstarter will go live by 4PM UTC on Tuesday, March 30th, at which time START token holders will be able to vote on whether to list the BLAZE IDO on the BSCstarter platform.

A minimum of 10% of the total supply of START tokens must vote YES for the BLAZE IDO to launch on BSCstarter.

The tree.finance team will hold a Ask Me Anything (AMA) session in the BSCstarter telegram community at 4 PM UTC on Tuesday, March 30th

Pre & Post-launch Marketing

trees.finance has partnered with some of the top crypto influencers in the space including Cryptopedia, CryptoRick, Ken the Crypto, BSC Talk, BSC Street Bets, BSC News, and more to build awareness and grow the trees.finance $GANJA & $BLAZE community.

Make sure to check out the BLAZE IDO coverage from Cryptopedia below!

What is $BLAZE?

BLAZE is a passive yield generation protocol which rewards holders while supporting the trees.finance ecosystem. There is 4.20% fee on each transaction which is used in two ways:

Passive Yield-Generation

2.2% is re-distributed to existing BLAZE holders instantly and automatically at the time of each transaction.

The percentage of BLAZE earned is calculated by the percentage of BLAZE owned among all holders. The more BLAZE a holder owns, the passive yield they will generate. There is no need for staking in a vault or pool which eliminates the downside risk of staking tokens or impermanent loss.

2. Auto liquidity Generation

2% of each transaction is accumulated and every time 5000 BLAZE is collected, half is market-sold for BNB and used to create a Pancakeswap LP token

Over time, the liquidity stored inside of the contract grows bigger, which creates a rising price-floor for BLAZE and more stable buy/sell market dynamics.

GANJA Buy-back

BLAZE is designed to provide immediate value to token holders through passive yield generation and stable market dynamics with deep liquidity through automated liquidity generation.

In addition, the BLAZE protocol provides added incentives to both BLAZE and GANJA holders through the “Smoke Up” function.

Once a day holders of 500 BLAZE can call for a “Smoke Up” where:

4.20% of the liquidity inside the contract is broken down into $BNB and BLAZE
The $BNB is then used to market-buy GANJA
100% of the GANJA and 95% of the BLAZE is burned
The remaining 5% of BLAZE is sent to the caller as a reward

The “Smoke Up” function provides support for GANJA/BNB pair while delivering immediate rewards to the smoke-up caller and reducing both token’s total supply in the process.

BLAZE IDO Details

A note to the BSCstarter Community:

We’ve been following the developments in the BSCstarter community and have taken into account community feedback as we designed the BLAZE token sale.

We have set the sale raise amount to exactly what we need to drive the project forward, no excess.
We have added a vesting period to all private sale tokens (25% on IDO, 5% daily thereafter)
We have set a 2 BNB max wallet allocation to provide a fair spread of BLAZE tokens among the BSCstarter community.
We have set the public sale (IDO) and listing price to be the same. There is no discount on public sale.
We have initiated a contract audit by Quillhash which will be complete before the IDO.
No whales. No dumps. Just a good launch.

Softcap: 300 BNB

Hardcap: 500 BNB

Min contribution: .5 BNB

Max contribution: 2 BNB

⏰ The FCFS token sale on BSCstarter will run for 4 hours until 8:00 PM UTC on Saturday, April 3rd, or until the Hardcap is met.

Private Sale, IDO & Listing Price

Private sale contributors receive a 20% discount on the value of their tokens (or ‘1.2x’ the amount of tokens they would otherwise have received at list-price)

Private round tokens vest 25% on IDO and 5% daily thereafter.
Private round allocation is limited to 3 BNB max contribution

Private Sale Price:

1 BLAZE = 0.00224 BNB (approx. 61c at time of writing)

Public sale (IDO) price and the listing price will be the same. There will be no discount on public sale.

Public Sale (IDO) / Listing Price:

1 BLAZE = 0.00269 BNB (approx. 74c at time of writing)

Ecosystem Incentives

As an initial incentive for GANJA holders to participate in the BLAZE market, 4% of the total BLAZE supply will be airdropped to all GANJA holders at launch.

The amount of BLAZE each GANJA holder receives will be proportionate to their holdings of GANJA at the time of the BLAZE IDO.

Liquidity Provision

60% of funds raised will be used to create the initial PancakeSwap liquidity pool and the contract keys will be renounced, locking access to the liquidity within the contract but allowing for the “Smoke Up” function to add and remove liquidity as intended.

The remaining 40% will be used to offset start-up fees, development of trees.finance priority NFT marketplace, including contract development/deployment, marketing costs for the initial launch, independent smart contract auditor fees, and any contingencies needed to further the project.