New Bonuses and upMatic 50 hour flash raise

due to a configuration error in the upMatic MGE contract we had to allow refunds and prepare a new contract which is not active at .

rootkitfinance
2 min readOct 21, 2021

upMatic has an important role to play so we fixed the issue and are doing a quick 48 hours MGE to create the market. We will be launching no matter what value amount comes in but are taking steps to make sure the market is big enough to our various needs.

Join a Market Generation Event

https://upmatic.finance
https://upcake.finance

Bonuses for upMatic and upCake

A couple bonuses are being added to help incentivize more users to join as we wrap up the the MGEs.

10% extra for previous upMatic contributors

the upMatic MGE got up to 130k Matic at completion time. The professor will be providing 13k matic to give an extra 10% anyone who previously entered and has decided to stick with us and put value in again. Any of the 13k matic not used for the bonus will be added to the vault

20k USD Vault bonus for upMatic

In addition to teh remaining bonus fund going to the vault, 20k USD worth of Matic will be added into the sale and the resulting tokens will be burned to fuel the vault. Not only does this give the vault the value, but it will make the starting liquidity a bit bigger, and the value amount in the sale contract will look better to new participants.

30k USD Vault bonus for upCake

A total of over 1500 CAKE has been added into the MGE contract. The resulting tokens will be burned to fuel the vault and the initial expected price increase at market open time.

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