Flashloans.com IDO on Samurai

Published on: 29.10.2021

CyberFi Samurai announced an exciting new DeFi protocol, FlashLoans.com, will be launching their native $Flash token with an IDO on Samurai.

The IDO will run from Sunday, October 31, 11:00 UTC and conclude on Monday, November 1, 11:00 UTC. All stakers at Ninja tier (100 $CFi) and above are eligible to enter this lottery-based IDO.

All tiers will have the chance to get in on the flashloan.com IDO onSunday, October 31, 11:00 UTC.

$CFi stakers in the Emperor and Shogun tiers will be automatically whitelisted to take part in this IDO. Stakers in the Ninja, Ronin, and Samurai tiers are eligible to enter a lottery for an IDO allotment.

Whitelisting for the Flashloans.com IDO lottery can be done through the Samurai Dashboard beginning Friday, October 29, 6:00 UTC and running until Saturday, October 30, 23:00 UTC. Successfully whitelisted individuals will have until Sunday, October 31 to complete KYC in order to participate in the IDO.

Whitelisted participants will be able to purchase a $200 to $500 BUSD allotment of $FLASH tokens at the public IDO price of $0.05 each on afirst-come first-served basis.

$FLASH IDO tokens have NO VESTING and 100% of tokens purchased through Samurai will be available to investors 15 minutes after the token’s Uniswap listing on Monday, November 1, 13:00 UTC.

About Flashloans.com

Flashloans.com is an easy to use website that enables its users to capitalize on the power of flash loans. People utilize the platform to build and execute flash loan backed trades through a simple UI. Flashloans.com will also be adding an additional layer of functionality with their native $Flash tokens that allow users access to bespoke flash loan analytics.