The allocations will be distributed based on CHEERS Loyalty Governance. 👉Learn about Loyalty Governance>>
The main rules are as follows:
The total IGO cap is $50,000.
Top 25 of Crypto Pirates Ranking List and Top 25 of Click Click will get $5,000 of IGO allocations, which is $100 of each gamer. The snapshot for whitelisted gamers will be 10:00 AM, 28th of Dec. (UTC) and the Announcement Time would be 10:30 AM, 28th of Dec. (UTC).
the rest $45,000 of IGO allocations will be distributed as follows:
★ Snapshot and Announce the Loyal Rankings before IGO
★ 50% of IGO allocations will be divided to all 5,000 $CHEERS stakers (must stake tokens in the CHEERS Loyalty Governance Pool)
★ 50% of IGO allocations will be divided to top 500 $CHEERS stakers according to the percentage of CHEERS Points.
Details about CheersLand Upcoming IGO: Light Year
- Loyalty Rankings Snapshot Time: 10:00 AM, 28th of Dec. (UTC)
- Loyalty Rankings Announcement Time: 10:30 AM, 28th of Dec. (UTC)
- IGO Pool for Light Year Starts: 10AM, 29th of Dec. (UTC)
- IGO Pool for Light Year Ends: 1PM, 29th of Dec. (UTC)
- IGO site: https://launch.cheersland.org/#/fundraising
- Ticker: LC
- Total supply: 100,000,000
- Initial Market cap: $1,080,000
- Price per $LC: $0.15
- CHEERS IGO Cap: 50,000 BUSD
- Swap currency: BUSD
- Listing date/time: 30th(Estimated). Listing (adding liquidity) will be at 10:00am UTC, and tokens will be distributed to IDO pads on around 10:30am UTC.
- Token Claim: 10:30am UTC 30th
- Vesting time: 40% at TGE, then 30% +30% for 2months.
Important notes
If you wanna join the IGO: Light Year, you need to stake at least 5,000 CHEERS in CHEERS Loyalty Governance Pool on CheersLand Farm Page.
👉Learn about how to join CHEERS Loyalty Governance Pool
kindly make sure that your address is in the CHEERS Loyalty Ranking List announced at 10:30 AM, 28th of Dec. (UTC).
CHEERS Loyalty Ranking List is sorted by the CHEERS Points, which is calculated by the following formula:
CHEERS Points = Staked Amount * √Holding Time
5000 CHEERS staked = guaranteed allocations.
If you wanna get as many guaranteed allocations of upcoming IGOs as possible, the best strategy for you is staking as many CHEERS tokens as possible and staking in the CHEERS Loyalty Governance Pool as early as possible. By the way you’re free to use multiple addresses.
About Light Year
Light Year is a blockchain based space strategy game. Mining natural resources, crafting space ships, battling and trading with other players, joining alliances or nations, the game brings players the wildest experience of space exploration. Moreover, under the hood, it’s a play-to-earn DeFi farming protocol that maximizes users’ return from staking their crypto assets.
About CheersLand
CheersLand is a scalable GameFi Metaverse Aggregator where anyone can monetize their gaming experiences and social networks. CheersLand runs the Game-as-a-Service model, dual-driven in Play to Earn and Build to Earn, with the product portfolio of Gamified Launchpad, Multi-game Universe, Multi-asset Staking Platform and NFT Market, and powered developing new users by the invitation mechanism, which builds a unique and diversified GameFi ecosystem.
📰 INFO
https://medium.com/cheersland/cheersland-upcoming-igo-light-year-37b382689b42