Polkabridge's New Tier System For LaunchPad IDO
POLKABRIDGE’S NEW TIER SYSTEM FOR LAUNCHPAD IDO
The Polkabridge team announced few modifications to the rules applying to the launch-pad based initial decentralized offerings. The intent behind this is to ensure that all participants can fairly acquire the IDO tokens without hoarding by a single party to prevent the system from being rigged and in turn increase the value of PBR.
The Launchpad Tier System-Guaranteed Allocation:
Polkawar stated that all tokens must be staked at least a day before the IDO takes place and the minimum amount allowed to be staked is 10,000 PBR tokens.
Tier 1: Users who stake at least 10,000 PBR — 19,999 PBR, will participate in sharing 40% of the total IDO allocation.
Tier 2: Users who stake between 20,000 PBR — 29,999 PBR will participate in sharing 30% of the total IDO allocation.
Tier 3: Users who stake above 30,000 PBR tokens, will participate in sharing 30% of the total IDO allocation.
Each IDO has its registration form which needs to be filled to confirm the staking.
Follow t.me/polkabridge to access updates on the latest IDO projects.
The three-tier IDO allocations system was applied as response to the community’s feedback and in a bid to allow qualified users to acquire IDO tokens.
About PolkaBridge:
PolkaBridge is a decentralized all-in-one financial applications platform. The PolkaBridge ecosystem is expected to include cross-chain AMM, Farming, Lending, Fundraising platform (Launchpad), Prediction, NFT, and more. All products will be developed with Polkadot in center.
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❇️ LaunchPad https://launchpad.polkabridge.org
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