CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

Rose Initial Decentralized Offering (IDO) on NearPad

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With its mainnet launch and over $1.3m TVL, Rose, the first stablecoin and wrapped assets AMM on Aurora, is now set for its Token Distribution Event. Scheduled for the 2nd of December, the event will distribute 4.5% of the total to the community (as previously announced here) across two pools:

  • Staking Pool
  • Whitelisted Pool

Both Pools will be launched on Aurora. Staking on Aurora is scheduled to go live over the weekend

Staking Pool Detail

Time: 2nd December by 15:00 UTC

Total Supply: 1,000,000,000 $ROSE

Issued Supply for Token Event: 3.5% of Total Supply

Accepted Currency: $FRAX

Price Per Token: 0.03 $FRAX

Seed/Private Sale Price: None. Fair launch

Venue: NearPad

Network: Aurora

Duration: 24 hours for capped staking allocation. 24 hours for staked FCFS, uncapped pool

Whitelisted Pool Detail

Time: 2nd December by 15:00 UTC

Total Supply: 1,000,000,000 $ROSE

Issued Supply for Token Event: 1% of Total Supply

Accepted Currency: $PAD

Available Tickets: 1000 Tickets

Ticket Size: 275 $PAD each.

Number of $ROSE Per Max Ticket Size: 10, 000 $ROSE.

Seed/Private Sale Price: None. Fair launch

Venue: NearPad

Network: Aurora

Duration: 24 hours for capped staking allocation. 24 hours for whitelisted FCFS, uncapped pool

The Whitelisted Pool is for early community members, LPs, and lottery contest. Whitelist applicants must follow Rose & NearPad channels, like, retweet, and tag 3 users to qualify for the whitelist lottery. LPs automatically qualify for this pool. To register for this pool, please sign up here

📰 INFO 

https://nearpad.medium.com/announcing-rose-ido-on-nearpad-ae2ec524d1b2

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