Thorstarter announced the release of Thorstarter Tiers in anticipation of THORWallet IDO.
Thorstarter Tiers have been designed with heavy input from our community, and they hope their implementation will lead to a smoother, more satisfactory Thorstarter IDO experience for future participants.
Why Thorstarter Tiers
To date, Thorstarter IDOs have been conducted in a single tier consisting of anyone who staked 100 XRUNE for 100 vXRUNE to create a profile in the Valhalla Venture DAO. If you’ve taken part, you will be familiar.
The tiers are:
- Community Tier: Stakers of 100 or more vXRUNE —Eligible for participation in FCFS sale
- Tier 1: Stakers of 2,500 XRUNE —Receives 1x Allocation Multiplier
- Tier 2: Stakers of 7,500 XRUNE —Receives 1.5x Allocation Multiplier
- Tier 3: Stakers of 25,000 XRUNE —Receives 5x Allocation Multiplier
- Tier 4: Stakers of 150,000 XRUNE —Receives 10x Allocation Multiplier
Thorstarter is a decentralized launchpad created to bring cross-chain liquidity to long-tail crypto assets. The project transforms the way that new crypto projects source liquidity by providing a launchpad that brings cross-chain liquidity to ensure that funds are fairly raised.