Everything about the $VULT Launch

Ok Squad, let’s sit down and talk to understand how the $VULT launch will go down. We will make it as quick and concise as possible. We will cover the whys, the hows, the wens and wheres. With the token launch we essentially have two goals: Distribute $VULT to as many people as fair as possible Draw attention to (what we believe is) the safest Wallet in the space. (We are tired of seeing drains on our timeline) $VULT’s contract address is 0xb788144DF611029C60b859DF47e79B7726C4DEBa and will launch on Ethereum mainnet with a maximum Supply of 100,000,000 tokens. All other tokens are Scam, be careful! Here is how we designed the launch: A $3M FDV FCFS DEX launch with $10k USDC capped allocations per wallet As complex as needed, as simple as possible Everyone will but from a UNIV3 Pool. No fixed price, it will move dynamically depending on buy and sells It will launch as a high float, low FDV token. We will unlock our Investors directly at launch, so they can scale out whenever they want. This will give us the quickest turn around to get the supply owned by the community. Why high float? Tokens that start with a high float have the potential to become community-owned quickly without long-term price suppression from token unlocks. We essentially eliminate overhanging unlocks out of the get go and find market price as fast as possible. Why low FDV? Starting with our set valuation of $3M FDV, paired with an $10k USDC allocation cap per user at launch, gives everyone a fairer upside and the best possible distribution from the beginning. Launch Structure It will be a FCFS (first-come-first-serve) DEX launch with a pre-seeded pool on Uniswap V3. The pool will have ~35% of the token supply, provided by seed investors and the treasury. It will start at a $3M FDV, and each purchase will reduce the tokens in the pool, respectively increasing the price of $VULT. It's a fair and square FCFS BUT with buy caps to ensure fair distribution. The launch will have no lockups, all tokens bought are directly sellable again. Only buying restrictions apply. The WL The WL currently consists of ~1,300 slots, all of which are handpicked from the community. These are the hardcore OGs who have been here since the beginning. Due to the overwhelming response and wallet adoption, we have decided to run a Kaito Earn campaign and allocate an additional 300 slots to the top 300 Yappers on Kaito, as well as 50 slots to Kaito stakers. Why increase the WL? Because we want the best distribution possible from the start. Our product and token are for everyone! Even if you are not yet on the WL or unable to reach the top 300 on the Kaito leaderboard, keep sharing your thoughts about the project. We see you, and maybe some more short-term excitement is planned!👀 Here is the current WL, which gets updated with all entries: https://docs.google.com/spreadsheets/d/1sffdXLq8RPfKlUe9ulqooRu_gl_0ABkfkG7SAXdH8tA/edit?usp=sharing There will be 3 phases: Phase 1, 27th October 12pm UTC : All WL addresses are eligible to purchase up to $1,000 USDC of $VULT in the first hour Phase 2, 27th October 1pm UTC: All WL addresses are eligible to purchase up to $10,000 USDC of $VULT for the next 23 hours Phase 3, 28th October 12pm UTC: Launch on @kraken and all limits are lifted. Everyone can buy as much as they like. Where will it go down? $VULT will be accessible via Uniswap: https://app.uniswap.org, or our dedicated launch website: launch.vultisig.com Be careful of scam websites or fake tokens! Considerations We won't sugarcoat it. With no restrictions except an allocation cap per wallet, the launch will be chaotic. Only join if you want to make history early on! Prepare for gas spikes, failed transactions due to slippage, and frayed nerves. You can mitigate many issues by following the best practices below. It is a once in a lifetime opportunity to get into a pioneering project that low that early. If you are a true Vultisquad then consider LPing your bag to scale out, see instructions below. Best Practices Prepare funds beforehand. $USDC on Ethereum mainnet for allocation. Have sufficient gas ($ETH) in the wallet Use high gas settings. Be prepared for gas spikes. We suggest using high slippage to reduce possibility of transaction reversal (On Prior launches 10%-20% were reported to work well, up to 50% are an option) Use a desktop browser. Mobile and Wallet Connect can also introduce difficulties. Have a stable and fast internet. Turn off VPN. May cause latency and connection issues. If you don't get a quote, an unexpected error or something that doesn't initiate the transaction = refresh page Be prepared for CHAOS and failed txs. Especially in the first 15 minutes. Drink water Be well rested How to DCA out - Realize gains and help the Squad 🤝 We are all in this together! The token has the highest possible float, and we need your help to increase liquidity. By setting the correct ranges, you can DCA out, earn trading fees, and realize gains without hurting the squad. How to DCA out of $VULT: Open https://app.uniswap.org/positions or select “Pool” tab on the main page Select the dropdown arrow on the side of “New” and select “v3 position” Choose token and select $VULT (0xb788144DF611029C60b859DF47e79B7726C4DEBa) Leave the fee tier at 1% and press “Continue”, otherwise a new pool will be created. Select “Custom Range” Select $VULT Set the ranges to where you would like to start selling and end selling your $VULT. The price is denoted in $USDC. Example: Start selling $VULT at 1$ ($100M FDV) and end selling at 4$ ($400M FDV) Put in 1$ USDC into “Min Price” Put in 4$ USDC into “Max Price” Deposit the amount of $VULT you want to sell. If you put in USDC, it is not single sided - adjust “Min Price” Review and approve the transactions in your wallet Observe the LP position or adjust if wanted. When LP is completely in USDC you need to withdraw and sold your $VULT. Last but not least, use the wallet, try it and give us feedback. We want to create the safest wallet everyone loves to use. We are not there yet but on a good trajectory. Let’s get it Squad! 🫡