Fusotao Protocol Upcoming IDO Details

Fusotao Protocol Upcoming IDO Details

Fusotao Protocol is excited to announce the details of its much-anticipated IDO which will take place on seven different dates and platforms.

In order to cater to the users of different launchpads, users can participate in one or more platforms that they are familiar with. Their IDO events will be launched on the following seven platforms:

1️⃣ Boca Chica

USN Round Starts: July 11th, 10 AM UTC

USN Round Ends: July 12th, 10 AM UTC

HAPI Round Starts: July 11th, 10:30 AM UTC

HAPI Round Ends: July 12th, 10 AM UTC

2️⃣ WannaSwap

Staking Period: July 12th, 11 AM UTC — July 18th, 10:59 AM UTC

Subscription Period: July 18th, 11 AM UTC

Calculation Period: July 19th, 11 AM UTC

Distribution Period: August 8th, 11 AM UTC

3️⃣ NearPad

Sale Starts: July 15th, 10 AM UTC

Sale Ends: July 16th, 10 AM UTC

AfterSale Ends (FCFS): July 17th, 10 AM UTC

4️⃣ LunaPad

Sale Starts: July 22nd, 1 PM UTC

Sale Ends: July 23rd, 1 PM UTC

5️⃣ POOLZ

Sale Starts: July 25th, 10 AM UTC

Sale Ends: July 25th, 1 PM UTC

6️⃣ SmartPad

WL Round Starts: July 28th, 8 AM UTC

WL Round Ends: July 29th, 8 AM UTC

FCFS Round Starts: July 29th, 8 AM UTC

FCFS Round Ends: July 29th, 12 AM UTC

7️⃣ Skyward.Finance

Staking Period: July 24th, 10 AM UTC — August 1st, 10 AM UTC

Sale Starts: August 1st, 10 AM UTC

Sale Ends: August 6th, 10 AM UTC

2.5% of the total token supply is used for IDO on seven platforms. The IDO price of the first six platforms is $1, and Skyward’s IDO form is auction.

Please choose one or more platforms to participate in Fusotao IDO, time to set your alarm! Are you ready?

Important Information

1. Vesting Schedule

100% unlock on August 8th

2. Listing Date

August 10th.

CEXs: Huobi Global, MEXC

DEXs: Ref.finance, FXDX

3. Circulating Supply

The circulating supply of TAO after Mainnet: 10.5% of total supplement, 10,500,000.

Important Roadmap

July 11th, 2022

IDO on Boca Chica

July 12th, 2022

Staking Period on WannaSwap

Staking Period: users will stake their wNEAR to define their max amount of wNEAR they can use to commit in Subscription Period.

July 15th, 2022

IDO on NearPad

July 16th, 2022

Whitelisted on Skyward.Finance /Ref. Finance

July 18th, 2022

Subscription Period on WannaSwap

Subscription Period: users will commit the amount of wNEAR they want to purchase IDO tokens.

July 22nd, 2022

IDO on LunaPad

July 25th, 2022

IDO on POOLZ

July 28th, 2022

IDO on Smartpad

August 1st, 2022

Auction-based IDO on Skyward.Finance

August 8th, 2022

Mainnet launch

IDO tokens distribution

August 10th, 2022

List on Huobi Global, MEXC, Ref. finance and FXDX.

About $TAO Token:

$TAO is the native utility token of the Fusotao Protocol. It is a link that motivates developers and community members to participate in Fusotao ecosystem. 63% of $TAO tokens will be distributed to the community members. Community members can get $TAO rewards by participating in IDO, trading, community governance, verification nodes, and $TAO staking, or directly share transaction fees through staking tokens for the DEXes backed by Fusotao Protocol.

Time to set your alarm! Are you ready?

About Fusotao Protocol

Fusotao Protocol is a verification protocol for orderbook-based matching system using the paradigm of “execute off-chain, verify on-chain”. Fusotao network is an Octopus Network based application chain to hold users’ assets and verify the matching transactions from off-chain exchange services. Founders can build their own DEXs by using the Fusotao appchain as an on-chain verifier and deploying their own off-chain matching server. Communities can earn rewards by trading on the DEXs or directly staking tokens for the DEXs backed by Fusotao Protocol to share transaction fees from them.

Website | Twitter

SOURCE

https://medium.com/fusotao-protocol/fusotao-ido-announcement-3e1b72161314

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