AWAKE (LGNS) has announced the completion of the first $100 million goal for its Dual-Chain Ecosystem ILO (Initial Liquidity Offering). As of March 30 at 24:00 (SGT), the project launched a three-round ILO liquidity pool plan totaling 220 million DAI.
The first round, consisting of 100 million DAI, was successfully raised via CapybaraLaunch, the launchpad for AnubisChain. The project is now preparing to initiate the second round of liquidity pool co-construction.
Currently, the Awake DeFi protocol has been operational on the Polygon network for over 750 days, with total liquidity surpassing $232 million.
While maintaining its ongoing operations on Polygon, Awake plans to officially launch its dual-chain parallel development strategy upon the completion of the ILO. This strategy includes the simultaneous deployment of new smart contracts to AnubisChain.