[NEW] IDO Participation Mechanism

BSClaunch Official
4 min readAug 1, 2021

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Today we bring you a brand new update which contains all the information you need to learn about our holding mechanism. The more BSL you hold, the bigger the allocation you can buy.

HOW IT WORKS

We want to bring the opportunity to participate in IDO to as many investors as possible. At the same time, we also appreciate strong BSL holders. Therefore, we will apply the tier system as follows:

I. Allocation for BSL Holder (90% of the total allocation)

You will be eligible to change your tier by holding more BSL or farming more LP tokens.

✅ OPTION 1: Hold your token to join IDO

Buy and hold tokens; you will receive an allocation equal to the tier you achieved. In addition, $BSL holders have the privilege of participating in special Airdrop events organized by us and other partners.

  • Bronze: 1500+ BSL holder | Max. Allocation $150
  • Silver: 3000+ BSL holder | Max. Allocation $300
  • Golden: 7500+ BSL holder | Max. Allocation $450
  • Platinum: 15000+ BSL holder | Max. Allocation $600

✅ OPTION 2: BSL/BNB LP Farming to join IDO (Recommended)

Farming to receive LP Tokens, you will receive an allocation equivalent to your achieved tier. In addition, you can still keep farming to accumulate your rewards while you get your self a chance to being one of the early investors of our potential projects. There are four allocation tiers. Depending on the number of LP Tokens you have staked in our B-Farm pool, your allocation cap will be different:

  • Bronze: 9+ LP Tokens Staked in the pool | Max. Allocation $150
  • Silver: 18+ LP Tokens Staked in the pool | Max. Allocation $300
  • Golden: 45+ LP Tokens Staked in the pool | Max. Allocation $450
  • Platinum: 90+ LP Tokens Staked in the pool | Max. Allocation $600

II. Allocation for Non-Holder (10% of the total allocation)

We have split 10% from the total allocation to provide more opportunities for users to experience the B-Launch platform, users will only need to register at our whitelist form and complete the required steps to be eligible to participate in IDO events

  • Non-Holder: Maximum $150

Higher level members can purchase Max. Allocate at their tank and buy more allocations from all lower tiers if allocation is left in pools. The more BSL you hold, the more benefits you get.

For example: Platinum level users have access to Gold, Silver, Bronze users’ pools to purchase the respective allocation in each pool. Platinum members after buying all the $600 allocation in the Platinum pool can buy another $450 of the allocation in the Gold pool, and so on until the Bronze pool.

- The total maximum allocation that Platinum memberss can buy at a total of 4 pools is $1500

- The total maximum allocation that Gold members can buy at a total of 4 pools is $900

- The total maximum allocation that Silver members can buy at a total of 4 pools is $450

- The total maximum allocation that Bronze members can buy at a total of 4 pools is $150

- The total maximum allocation that Non-Holder members can buy at a total of 4 pools is $150

Please Note:

  • The Non-Holder Pool is a special pool that will only be available to whitelisted users of this tank. We do this because our project was born with a great purpose as a community-driven project.
  • You are required to HOLD/STAKE an amount of Tokens/LP Tokens equivalent to the amount you are holding/staking at the time that we perform the whitelist snapshot to be able to participate in IDO events
  • The above mechanism is applicable to both investors of [BSL Holder] & [BSL Farmers]

The IDO events will follow First come, first served mechanism.

About BSClaunch

BSClaunch is a new and promising Binance Smart Chain-based investment platform, which will enable the most innovative projects to raise start-up capital. The platform will give projects a strong foundation to develop and prosper in a decentralized environment, while also giving investors access to exclusive early-stage projects. We empower our community to invest with safety, freedom, and equal opportunity. To learn more about BSClaunch, refer to our documentation portal.

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BSClaunch Official
BSClaunch Official

Written by BSClaunch Official

Incubation accelerator for entrepreneurs to create moonshot projects. #IDO #IGO Launchpad, Yield Farming. Top connections in crypto spaces — $BSL #Crosschain