PRESS RELEASE. RenQ Finance announced the initiation of the final stage of its fundraising program, the eighth stage, following the seamless completion of the seventh stage.
The project has garnered an impressive $15.8 million in a relatively short span since its debut. The RENQ token presale’s last stage presents a final opportunity for investors to participate in the project before the token price surges, as the listing price will be higher.
RenQ Finance’s Presale Climbs to $15.8 Million and Counting
The crypto community has enthusiastically received RenQ Finance’s Stage 7 presale event as investors eagerly seek to participate in the platform’s growth.
The platform has already raised $15.8M in Stage 7 and now has only one stage left, Stage 8. This presale stage is crucial as it marks the second-to-last step of RenQ Finance’s 8-stage fundraising plan, which aims to raise nearly $20 million.
Investors can purchase RenQ Finance’s native token during this stage, which offers access to a range of platform services and benefits.
The RENQ token is currently priced at $0.055 USDT during the eighth stage of the presale and will increase upon listing to a price of $0.07.
Stage 8 is currently ongoing and will conclude upon reaching $19,310,000, or approximately 500,000,000 RENQ tokens sold. Once this stage is completed, the team will move on to the next step of RenQ, which is listing. The price at which RenQ can be purchased during listing will be $0.070 USDT.
RenQ’s token distribution strategy involves allocating half of its total supply of 1,000,000,000 tokens through 8 stages of presale events, and as it turns out, they will be consumed soon. The remaining 500,000,000 tokens will be strategically divided into six categories:
- RENQ Pool (10%);
- RENQ Vault (10%);
- RENQ Farms (10%);
- Exchange Listings (10%);
- Liquidity (5%);
- Team (5%).
RenQ Finance’s ability to raise over $15.8 million indicates the company’s unwavering commitment to advancing innovative ideas and the increasing demand for decentralized solutions.
RENQ’s Hassle-Free Process to Buy the Token
To partake in the Renq presale event and buy RENQ tokens, investors are required to connect their METAMASK or Trust Wallet to the official Renq Finance website and make a purchase for the desired amount of tokens.
Once the presale period comes to a close, investors will be able to obtain and claim their RENQ tokens, which will be sent to their crypto wallets post-purchase.
It is worth noting that the presale RENQ tokens will not be subject to any vesting period or hold-up, and investors will be able to access and use their tokens immediately.
Explore the RenQ Finance Universe
RenQ Finance is a crypto platform that seeks to revolutionize the DeFi landscape through cutting-edge solutions catering to investors’ needs worldwide. At its core, RenQ Finance aims to provide traders with an all-in-one ecosystem that simplifies daily crypto activities and promotes decentralized trading.
One of the main strengths of RenQ Finance is its focus on innovation, as evidenced by the development of tailor-made tools that cater to the unique needs of cryptocurrency traders. These tools include a cryptocurrency data aggregator, perpetual futures, a vault, a lending protocol, a DeFi and NFT Launchpad, and various forums.
RenQ Finance’s vibrant community plays a critical role in contributing to these tools’ development and the platform’s overall growth.
Exciting plans are in store for RenQ Finance, with the upcoming launch of its mainnet set for Q1 of 2024. Moreover, RenQ Finance will introduce a mobile wallet app and a desktop wallet plugin, offering users a range of features, including margin loans and ERC-271 positions.
Stay Informed
To stay informed about RenQ Finance’s ongoing token presale, ensure that you connect with the company on its official website and social media channels.
