STRAT Presale
Protocol Bootstrap
At launch, the protocol requires initial capital to seed the strategy, to eventually provide liquidity to the STRAT/ETH LP and for the STRAT/ETH borrow lend.
There will also be a fee taken to fund retroactive and ongoing operational costs which brings the implied mNAV of presaylors up to 1.069.
Presale Details:
Private Placement
To date there has been several private placement deals to bring onboard strategic investors. These are broken down below
6900 ETH @1.069 mNAV to strategic investors and early supporters
Public Presale
There will be a public presale conducted that allows the public to come in at the same terms as the Private Placement round. PreSaylors will receive an NFT (ERC721) to commemorate their contribution. Follow the ETH Strategy Twitter for more details.
All preSaylors will be subject to 4 month cliff + 2 month linear unlock.
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