IDO Guide

Staking period

During the staking period, you can receive airdrops as a staking reward for staking SAI or USDC into the staking pool to earn allocations. The longer you are staking, the more airdrops you will receive.

Harvest period

1. WL/allocation round

Allocation winners who participate in staking are guaranteed to buy in the round. We provides IDO projects/platform to offer private sale to early investors, including vesting, lock and cliff.

1-1. Auctionized IDO

In an Auctionaized IDO, investors stake into a staking pool for the entire staking period, and at maturity they get all allocation based on their staking amount. The amount of allocation you can win depends on a percentage of the SAI, USDC amount you have staked against the total staking pool - the more participants in the IDO, the lower the amount of allocation you can win unless you stake more SAI or USDC like auction system. The allocation amount will change from time to time during the staking period according to changes in the percentage of the pool of tokens staked by the investor as a result of stake-and-withdraws. During the staking period, investors can withdraw at any time, but they will not earn WL unless they continue staking until maturity during the stake period.

ex) Project A.

There is no upper limit to the amount of SAI that can be staked. Investors are staked SAI for the amount of WL allocations they want. If you make a single withdraw during the staking period, you will receive an airdrop for the staking period, but you will not receive an allocation to participate in the WL round and will be confirmed in the PRIVATE round. If the investor does not withdraw once during the staking period, but stakes at maturity and moves to the Harvest period, he/she will be able to buy tokens at the WL round price.

1-2. Fixed-ticket IDO (under building)

Auctionized IDOs do not have a limit on the amount of SAI or USDC that each person can stake in a WL round, while fixed-ticket IDOs specify a limit on the amount of SAI or USDC that each person can stake, in addition to the Auctionized IDO. This also specifies the amount of allocation each person can earn, which is a whale measure. The type of "maximum SAI or USDC that can be staked in a WL round" is determined by the project implementing the IDO, taking into account the amount of tokens and their price at which the IDO is implemented.

ex) Project B.

The amount of $SAI that can be staked is set at 25 SAI or 1,000 SAI and investors are asked to choose either quota; at the end of the IDO, the allocation amount is determined by the percentage of 25 SAI or 1,000 SAI that they have staked against the amount of SAI raised overall. The amount of allocations that can be won depends on the number of people participating in the IDO.

2. private round

If there is a surplus of allocations in the private sale, those who have staked at least once in that term can buy them on a first-come, first-served basis.

3. public round

The remainder will be sold to the public as a public sale. Free and the earlier the better, on a first-come, first-served basis. The price will be slightly increased.

!! Important !!

  • If you get WL/allocation, you should stake during all period of staking time

  • If you'll withdraw within staking period, your allocation is decreased. The more you withdraw, the less you get allocation (penalty).

  • After staking period, Harvest period, you can withdraw your deposit without penalty.Then you can purchase the IDO token using by $USDC which you staked.

Claim period

After all sales have been completed, investors will be able to Claim tokens purchased at WL, private and public respectively and own them in Wallet; GaiaStarter will announce when the Claim will be activated.

*Purchase in principle with stabled coins.

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