> For the complete documentation index, see [llms.txt](https://ocelex.gitbook.io/ocelex/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ocelex.gitbook.io/ocelex/info-and-security/pre-launch-and-pre-mining.md).
# Pre-Launch & Pre-Mining
The Ocelex pre-mining and pre-launch phase goes live on F**riday, October 25th, 2024**. During this phase, early participants will have access to select liquidity pools, where they can earn rewards for contributing liquidity.
### Pre-Mining Phase: Initial Pools
In this initial **soft-launch phase**, the following pairs will be available for liquidity providers:
• wETH/STONE
• wETH/wstETH
• wETH/USDe
• wBTC/wETH
• USDT/wETH
• wETH/wBTC (Yield IQ - wETH single deposit)
• wETH/wBTC (Yield IQ - wBTC single deposit)
• USDT/USDe
#### As the pre-mining phase progresses, additional pools will be launched, including:
• USDC/ETH
• USDC/USDT
• Yield IQ (USDC)
• ezETH/wETH\
\
\**Further pools may be added depending on partner integrated.*\
\
Liquidity providers in these pools will earn rewards from the initial supply, strategically distributed based on the token, LP pair, and partner incentives. Rewards will be issued as eOCX (‘Early OCX’ tokens), redeemable as follows: **50% in oOCX** tokens and **50% in veOCX**, locked for two years.
### Redemption Options for eOCX Tokens
Here’s a detailed breakdown of your redemption choices for eOCX tokens:
#### Balanced Redemption Strategy
Redeem your eOCX with a split allocation:
• 50% in oOCX: Receive \~0.25 oOCX per eOCX.
• 50% in veOCX: Receive \~0.25 veOCX (max-locked for 2 years) per eOCX.
Effective Total Value: \~0.5 OCX per eOCX.
\
**Example:** Redeeming 10,000 eOCX
* \~2,500 oOCX
* \~2,500 veOCX (max-locked)
Total: \~5,000 OCX (\~0.50 OCX/eOCX).
#### Max Rewards Strategy
Redeem all your eOCX for max-locked veOCX at a 1:1 ratio:
* 1 eOCX = 1 veOCX (max-locked for 2 years)
Effective Total Value: \~1 OCX per eOCX.
\
**Example:** Redeeming 10,000 eOCX
* 10,000 veOCX (max-locked)
#### Key Considerations
* Market Dependency: The value of oOCX and veOCX depends on the OCX market price at the time of redemption.
* Flexibility vs. Maximum Value:
* Option 1 provides a mix of liquid (oOCX) and locked (veOCX) tokens for a balanced approach.
* Option 2 offers the highest potential value but locks all tokens for 2 years, ensuring long-term alignment with the protocol.
### **How to participate:**
* Bridge your tokens to Zircuit L2 using [their official bridge](http://bridge.zircuit.com/)
* Go to [pre.ocelex.fi/mining](http://pre.ocelex.fi/mining),
* Swap them for the tokens you want to pair,
* Add liquidity,
* Stake the LP in a pre-mining pool.
### **Public Sale, TGE and Ocelex’s Growth**
Towards the end of the pre-mining phase, the **Public Sale** will offer the community the chance to join the Ocelex ecosystem. Afterward, the **Token Generation Event (TGE)** will officially distribute tokens, empowering users to engage with the platform. As Ocelex progresses, liquidity incentives and governance participation will continue to grow, with early liquidity providers receiving their pre-mining rewards.
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