Tigris Protocol is an open, trusted and interoperable Decentralized Financial (DeFi) service built on the TTC Blockchain Platform. It provides effortless crypto loans, stable daily rewards, and paramount security. In short, Tigris Protocol provides various DeFi services, such as the Collateralized Debt Service (CDS) and Staking-as-a-Service (StaaS). Anyone can easily borrow fiat-pegged stable coins by collateralizing cryptocurrencies and earn cryptocurrencies by staking TTC or CLAY, a TST-20 token issued for and by Tigris Protocol.
The details on the Token Sales are as follows: Private Sale (2019. 8. 1–2019. 8. 9) - Open to institutional investors and TTC Representatives - Hardcap: 400,000,000 CLAY or 20,000,000 TTC - Price: 1 TTC = 20 CLAY (No Lockup. No discount.) - Min Amount: Undisclosed - Max Amount: Undisclosed Public Sale (2019. 8. 13–2019. 8. 15) - Open to all public (Begins August 13th 20:00 UTC+8) - Hardcap: 200,000,000 CLAY or 10,000,000 TTC - Price: 1 TTC = 20 CLAY (No Lockup. No discount.) - Min Amount: 2,000 TTC - Max Amount: 100,000 TTC 2. Lockdrop - Period: 2019. 8. 20–2019. 9. 19 (UTC+8) - Hardcap: 400,000,000 CLAY tokens (16%) TTC holders can participate in a lockdrop by simply timelocking their assets for a certain amount of time through a smart contract. Lockdrop participants will receive CLAY token at the moment of TGE, and will receive back the entire amount of locked TTC Coins at the end of the lockdrop period. The lockdrop period begins the moment a participant receives his/her CLAY Tokens. TTC holders can choose to lock their TTC Coins for either 6 months or 12 months: 6 Months Lock-up - Period: 2019. 8. 20–2019. 9. 19 (UTC+8) - Hardcap: 200,000,000 CLAY or 50,000,000 TTC - Rate: 1 TTC = 4 CLAY - Min Lockup Amount: 1,000 TTC - Max Lockup Amount: 300,000 TTC 12 Months Lock-up - Period: 2019. 8. 20–2019. 9. 19 (UTC+8) - Hardcap: 200,000,000 CLAY or 20,000,000 TTC - Rate: 1 TTC = 10 CLAY - Min Lockup Amount: 1,000 TTC - Max Lockup Amount: 300,000 TTC TTC Foundation will also allocate 20M TTC from its ecosystem fund to the Tigris Reserve to further stabilize and develop the Tigris Protocol Ecosystem.