D-ETF Upcoming IDO on CyberFi’s Samurai Launchpad!
CyberFi Samurai is thrilled to introduce its newest IDO offering — D-ETF! This two-round IDO is going down on the Samurai Launchpad on March 9, 2022, 11:00am UTC. Interested investors at the Ninja tier (100 $CFi staked) and above can whitelist for the IDO on Samurai from March 3, 14:00 UTC.
See below for full details on the mechanics of the two-round IDO.
Check out their convenient QUICK HITTER for all the D-ETF sale details.
If you are unfamiliar with their tier structure, you can check it here: Samurai Tiers
D-ETF Tokenomics
DETF is an Ethereum-based ERC20 standard token with a total supply of 100 million tokens. The listing price of DETF will be $0.60. Information on initial circulating supply will be provided closer to TGE.
Participation on Samurai
D-ETF will be holding a two-round IDO on Samurai. The first IDO (120k raise) sale for DETF will be at a price of $0.09 per token. The second IDO (100k raise) will begin at the conclusion the first one at a price of $0.12 per token.
The D-ETF IDOs are set to take place on Wednesday, March 9, 11:00am UTC on Samurai Launchpad.
This LOTTERY-BASED whitelist IDO is open to all stakers at the Ninja tier (100 $CFi staked) and above on a first-come, first-served basis.
Interested CyberFi stakers must state their intention to participate in the IDO by clicking “Whitelist” on the Samurai Dashboard: Here.
Whitelist Start: Thursday, March 3
Deadline for whitelisting: Wednesday, March 9, 04:00 UTC
Whitelist winners announcement: Wednesday, March 9, 06:00 UTC
IDO participation: Wednesday, March 9, 11:00 UTC to Thursday, March 10, 11:00 UTC.
$DETF TGE: March 25, 2022, 14:00 UTC on Uniswap
Whitelisted stakers in all tiers are eligible to purchase $DETF at the Public Round (IDO) price of $0.09 BUSD per $DETF in round one and then $0.12 per $DETF in round two (Yes, listing price is $0.60). The token can be purchased in allotments between $300 BUSD and [max TBD] BUSD on a first-come, first-served basis.
Tokens purchased at IDO are subject to vesting with 50% unlocked at TGE and 50% unlocked after six months (25/9/2022).
About D-ETF
D-ETF is a decentralized exchange traded fund (D-ETF) operated by a decentralized autonomous organization (DAO). The primary purpose of the D-ETF is to offer a DeFi instrument which gives token holders broad exposure to great projects in the cryptocurrency sector through a single token.
About CyberFi’s Samurai
SAMURAI by CyberFi is a full suite decentralized cross-chain crowdfunding platform built for the evolution of DeFi. Forged with the knowledge of existing infrastructure of fundraising to propel projects in the right direction to gain global community growth.
📰 SOURCE
https://medium.com/cyberfi/d-etf-ido-to-launch-on-samurai-by-cyberfi-57c2e1ce67c3
