# Liquidity Generation Event(LGE)

The SONNE token launch will be one of the fairest of DeFi, and it will be based on [TAROT](https://www.tarot.to/) token liquidity generation event. 

<figure><img src="/files/Mz6r9qzzdWvOBDDFPlQu" alt=""><figcaption></figcaption></figure>

Users who deposit USDC into the LGE contract at any time during the LGE will be apportioned a proportional share of the LGE regular allocation. (3,2% of the total supply of SONNE)

As an additional incentive, users who deposit during the ***first day*** will be apportioned a proportional share of the LGE bonus allocation. (0,3% of the total supply of SONNE)

Claimable SONNE will be based on share of the total deposits at the end of the bonus period. **There is no front-running** and being **first or last** to deposit for either distribution **doesn't matter**.

After the LGE event ends, 3,5% of the total supply of SONNE will be claimed by users who participate in the event.

The entire USDC proceeds from the LGE, along with 2,5% of total supply of SONNE will be used for the SONNE/USDC pair on [Velodrome](https://app.velodrome.finance/).&#x20;

With these conditions, **LGE participants** will **receive 28% more** tokens than they paid for.&#x20;

***(For example, if you participated with 100 USDC, you'll receive 128USDC worth of SONNE tokens at launch.)***

The **LP** tokens received by the LGE contract **will be locked** in the LGE contract for a minimum of **180 days**, ensuring plenty of early liquidity. After the lockup period ends, LP tokens will be transferred to the protocol reserves, where the strategy for their usage will be at the discretion of governance.

**LP tokens will** be staked on Velodrome to **earn VELO**. 10&#x30;**%** of the earned VELO will be distributed **to SONNE stakers**.&#x20;


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