Cheesus Defi (Drate) IDO launching on BSCStation Launchpad
BSCStation is glad to announce that Cheesus Defi is the upcoming IDO project on BSCStation. The Drate token will have its initial DEX offering on their Launchpad on November 15th.
Cheesus DeFi is the new aggregator that’s based on a proprietary rating formula and unites ALL major DeFi projects. It is a one-stop-station for anyone interested in Decentralized Finance. Users will find detailed analytics, DeFi project ratings, APY predictions — DeFi Rating provides myriad tools to help users make informed investment decisions.
For the Cheesus DeFi IDO on BSCStation, there will be a fixed allocation of 2,631,579 Drate tokens for purchase on BSCStation Launchpad exclusively for BSCS token holders and whitelist winners at a fixed price of $0.038 per token.
1. Cheesus DeFi IDO details
- IDO launch date: November 15th, 2021
- Ticker: Drate
- Max Supply: 200,000,000 Drate
- Initial Market cap: $226,771
- Price per Drate: 0.038
- Total Raise on BSC Station Launchpad: $100,000
- Swap currency: BUSD
- Vesting time: 30% at TGE, 30% each Month, 10% Last Month
- Note: Users need to stake at least 15,000 BSCS or a required number of BSCS-BUSD/ BSCS-BNB LP tokens via https://stake.bscstation.finance/#/ido-pools for IDO Guaranteed Allocation. BSCStation uses a tier model that requires users to stake a minimum number of BSCS tokens or BSCS-BUSD/ BSCS-BNB LP tokens to participate in an IDO. The details as follows:
Option 1: Stake BSCS
Option 2: Stake BSCS-BNB LP token or BSCS-BUSD LP tokens
https://docs.bscstation.finance/get-started/launchpad/ido-rules
For further details, check out the link below: https://bscstation.medium.com/bsc-station-launchpad-release-announcement-3bed3160678e
2. Cheesus Defi IDO Timeline
- Staking Eligibility for IDO allocation Deadline: 9AM, November 14th (UTC)
- Community Round whitelist starts: 3PM, November 03th (UTC)
- Community Round whitelist finishes: 2PM, November 13th (UTC)
- Community Round whitelist winner announced: 2PM, November 14th (UTC)
- BSCS Round JOIN POOL Opens: 4AM, November 15th (UTC)
- BSCS Round JOIN POOL Closes: 2PM, November 15th (UTC)
- Community Round JOIN POOL Opens: 4AM, November 15th (UTC)
- Community Round JOIN POOL Closes: 2PM, November 15th (UTC)
- Listing date/time: TBA
- Token Claim: 30 mins after listing
- Vesting: 30% at TGE, 30% each Month, 10% Last Month
3. Whitelist Requirements (Only required for community round users)
1. Join Cheesus DeFi on Telegram: https://t.me/PlatinumQeng
2. Follow Cheesus DeFi on Twitter: https://twitter.com/QDefi
3. Join the BSCStation on Telegram: https://t.me/bscstation
4. Follow BSCStation on Twitter: https://twitter.com/bscstation
5. Like + Retweet the Campaign tweet AND tag 3 friends with the hashtags: #BSCStation, #BSCS, #cheesusDeFi, #Drate then share the link in the whitelist form.
6. Fill the whitelist form: https://docs.google.com/forms/d/e/1FAIpQLSfQgdJzfY1rWBzRl2SpPyN8ipjTbzkF8p24ExOwySPL2A_U_Q/viewform
4. Important notes:
- Users can now refund tokens within 24 hours from the time at which IDO ends. For more information check: https://bscstation.medium.com/bscstation-adds-refundable-rules-to-the-idos-d4710b302c65
- Do not unstake your BSCS until you have finished claiming your IDO allocations.
- Please make sure that you have sufficient BUSD in your wallet and JOIN POOL on time.
Restricted Region List: Botswana, Cambodia, Central African Republic, Democratic People’s Republic of Korea, Republic of Seychelles, Ethiopia, Ghana, Iran, Iraq, Libya, Somalia, South Sudan, Sri Lanka, Syria, Sudan, Thailand, Trinidad and Tobago, Tunisia, Venezuela, Yemen, and the United States of America (herein “Prohibited Jurisdictions”).
5. How to join?
There are two rounds: Guaranteed Round for BSCS holders who stake at least 15,000 BSCS or a required number of BSCS-BUSD/BSCS-BNB LP tokens, and Community round which opens for everyone without a minimum staking requirement.
- BSCStation uses a tier model that requires users to stake at least 15,000 $BSCS tokens to participate. For further details, check out the link below: https://bscstation.medium.com/bsc-station-launchpad-release-announcement-3bed3160678e
- Users who have NFT in Genesis in series Card will have IDO additional Pool Weight. Refer to this link for more information: https://bscstation.medium.com/announcing-the-bsc-station-genesis-nft-drops-sales-details-cde908550585
- Community and Beginner Tier members (People staking less than 15,000 BSCS) must complete additional social media engagement tasks in order to be whitelisted for each IDO.
About Cheesus Defi
DeFi Rating — the new aggregator that’s based on a proprietary rating formula and unites ALL major DeFi projects. It is a one-stop-station for anyone interested in Decentralized Finance. Users will find detailed analytics, DeFi project ratings, APY predictions — DeFi Rating provides myriad tools to help users make informed investment decisions.
About BSC Station
BSCStation is a Full-Stack DeFi platform on the Binance Smart Chain. They provide exclusive services including: BSCSwap, IDO Launchpad, Yield farming, NFT Auction and Marketplace and especially Incubation hub for Blockchain startup.
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