Sui Eco DEX Turbos Finance Token TURBOS to Open IDO on May 12

Turbos Finance, the Sui eco-decentralized trading platform, will open a whitelist and public round of IDO for the token TURBOS on its native Launchpad platform TurboStar from May 12 at 18:00 to May 14 at 18:00, with 0.5% of the total supply of TURBOS allocated to TurboStar IDO. The IDO price is $0.005, with a hard top of $250,000 worth of SUI. 

In Turbo Finance's token economy model, 90% of revenue will be allocated to token holders and TLP liquidity providers, with a maximum supply of 10 billion TURBOS, the team holding 18% of the total token allocation, investors holding 15%, the pool of funds including IDOs, IEOs and partners accounting for 12% of the total allocation, while 5% is allocated to marketing and operations and 50% for mining and rewards.