Simba Exchange logo

Simba Exchange (SIMBA)

Status
IDO

Simba is native and first Order book DEX on the Sei network.

Simba Exchange White Paper Whitepaper

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Interest lvl
Low
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User Rating
Medium
3/5 1 votes
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Ticker
SIMBA
Type
Utility-token
Registration year2023

What is Simba Exchange

Simba provides users with a CEX-like experience with a low gas fee, low slippage, and high TPS.

Simba was built leveraging all the robust features of Sei and has a first mover advantage in the DEX on the Sei network. The founders come from TradFi and Technology backgrounds, having worked at Wall Street and experience in the Hedge Fund, Private Equity (PE), and Family Office space.

All of the founders are second-time Entrepreneurs who graduated from top institutions across the globe. They have built CEXs, DEXs, and L1s and have invested and contributed to various Cosmos projects.

Simba Exchange Roadmap

1
Q1 2023
  • Launch of Testnet on Sei
  • Building the community
2
Q2 2023
  • Launch on the Mainnet
  • Introduce Margin Trading
  • Onboarding of Institutions
  • Introduce Permissionless listing
3
Q3 2023
  • Launch various trading options for Spot Market
  • Building for Options/Derivatives market

Token Sale Dates

IDO

Start date: Aug 16, 2023
End date: Aug 16, 2023

IDO

Start date: Aug 16, 2023
End date: Aug 17, 2023

IDO

Start date: Aug 16, 2023
End date: Aug 18, 2023

Token Allocation

Total Token Supply 100,000,000 SIMBA
Total Tokens for Sale 23,750,000 SIMBA

Funding Details

Hard Cap 950,000 USD

Restrictions

Residents of the following countries are prohibited from participating
Afghanistan, American Samoa, Angola, Belarus, Bosnia and Herzegovina, Central African Republic, Chad, Crimea, Democratic Republic of the Congo, Republic of the Congo, Cuba, Darfur, Eritrea, Ethiopia, Guam, Guinea, Guinea bissau, Gaza Strip, Iraq, Iran, Kosovo, Lebanon, Libya, Mali, Montenegro, Morocco, Myanmar, Nicaragua, Nigeria, Niger, North Korea DR, North Macedonia, Palestine, Puerto Rico, Russia, Sevastopol, Serbia, Somalia, Sudan, South Sudan, Syria, Ukraine, United States, U.S Virgin Islands, Venezuela, Yemen, Zimbabwe

Token distribution


Liquidity - 10%
Team - 10%
Partnership / Advisors - 4%
KOLs - 3%
Public Sale - 23%
Staking / Farming - 25%
Treasury - 15%
Marketing - 10%

Token Price and Payment Options

Token price USD 1 SIMBA = 0.04 USDT

Project team

Kiran Dutta
Kiran Dutta
Founder
Kiran Dutta linkedin-team

Social media

MVP

Industries

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