Critical Launch Announcement + Shilling Raffle Winner #1

Nitro Staking Token
2 min readDec 7, 2020
  1. The team has decided that we need to prioritize two things initially at launch: Hype, and Buy Pressure. When most DeFi tokens launch, they have a whole ecosystem in which there is a ton of drawdown at launch. Inflation runs rampant, presellers dump their tokens, and people finding out about the project feel like they missed out on something great.

This is why we have decided to release the following roadmap:

Presale / Uniswap listing on December 11th

Staking opened on December 25th

NFT ecosystem released on January 8th

This means a few things: At launch, inflation will be hugely minimized. New tokens will only enter the market as buy bonuses to buyers from the NITRO protocol. Secondly, and arguably most importantly, this means HYPE as people get to experience the adrenaline-filled rush of the NITRO protocol while they accumulate in preparation for staking. Lastly, Pre-staking bonuses. We will be releasing the staking contract before December 25th, but the staking won’t actually start until that date. We will provide bonuses to users that stake their tokens early. The earlier the better! We get to keep the focus on the NITRO protocol in the lead-up to staking, and reward those of you that believe in us before the inevitable mainstream FOMO.

Tokenomics Updates:

700 $LAMBO in Nitro protocol (25 % sell tokens taken go to staking)

540 $LAMBO in Staking contract

100% ETH will be locked in Unicrypt, with 5% unlocked every 1 week for development. Re-locking funds will be decided by the community.

2. We have drawn our first shilling raffle winner: Congratulations to @s8moschi, they shilled on 4chan and in the Moonshot Hunters Telegram! Next raffle winner in 48 hours!

Thanks Lambros — stay tuned!

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