Teams, tokenomics and technical reviews about the Tragon Project $TGN ILO/IDO are in this article.

They describe themselves:

Seamless lending & borrowing with no central pool whatsoever

Launchpad AMM: PancakeswapV2

Contract address: 0xb7C5368a9D6E51917ee7a7F630Ec79A2eF31f104

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tokenomics
Liquidity Lock Rate	40% BNB raised liquidity lock time: 3 months
Participation	not private
Softcap	15 BNB
Hardcap	85 BNB
Max Spend per Account	3 BNB
Presale Price	5.882,35294118 TGN / per BNB
Listing Price	4.411,76470588 TGN / per BNB
Audit
KYC
Start	Sat 15 May 20:08
End	Sat 29 May 20:08

Total supply: 50.000.000 TGN

it is good

• Listing price is higher than presale price

it is not good

• No KYC and No Audit
• 1% tokenomic, huge dev wallet
• 3 months liquidity lock time
• 40% liquidity lock rate

About the team

• Anonymous.

From White Paper

Token distribution:

• 30% liquidity mining
• 35% ecosystem
• 10% team token
• 10% exchange
• 8% marketing
• 5% advisors
• 1% private sale and 1% ILO/IDO

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About dev wallet: There are already 48 holders. 54% of total supply was sent a contract address. But still team has huge wallet.

I want to ask about liquidity pool. Team will only sell 1% of the total supply. 99% remains. Will the pool collected from% 1 be enough? I don’t think so.

In short, 1% pre-sale, tokenomic, I interpret it as a complete disaster.

Also, Tragon aims to build “a crypto lending % borrowing platform”. Absolutely, It needs to have audit for such a project. Otherwise, lots of things will be unclear for investors.