Light Finance

OVERVIEW

Light Finance is a pioneering lending protocol that aggregates and optimizes for the highest yield across Bitcoin L2s. With the innovative Light Leverage Engine, users earn higher profits by leveraging their collateral to mint Light stablecoin.

HIGHLIGHTS

• Major Placement: Secured a significant placement at the Bitcoin Layer 2 hackathon by Stacks in March 2024.
• User Growth: Reached 5k active users after the hackathon’s first testnet campaign.
• Strategic Partnerships: Collaborated with top Bitcoin chains like Merlin, Stacks, Bitlayer, Rootstock, and BOB.
• Expert Advisory: Guided by leaders in the Bitcoin L2 space, including Covey Network, Four-Leaf Network, and Mirai DAO.

PRODUCT INNOVATION

Light Finance’s unique Light Leverage Engine allows users to maximize profits by leveraging their collateral. By minting Light stablecoin, users enhance their exposure and optimize earnings. The protocol seamlessly integrates across Bitcoin L2s, offering high yield potential.

BASIC METRICS

• Ticker: $PNT
• Token Type: ERC20
• TGE: Q3 2024
• Total Fundraise: $3M USD
• Total Supply: 100M

RAISE STATS

• Seed Round: 7M tokens at $0.12 ($840,000), 10% at TGE, 8m linear vesting.
• KOL Round: 3M tokens at $0.15 ($450,000), 15% at TGE, 6m linear vesting.
• Private Round: 7.5M tokens at $0.17 ($1,275,000), 20% at TGE, 4m linear vesting.
• Launchpad Round: 2M tokens at $0.22 ($440,000), 50% at TGE, 1m vesting.

LISTING PRICE: $0.22 PNT

PARTNERS AND INVESTORS

Merlin, Stacks, Bitlayer, Rootstock, BOB, Photon, Covey Network, Four-Leaf Network, DCA Web3, Bradley Laws.