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