SubDAO conducts its Initial DEX Offering (IDO) on Bounce. Finance
SubDAO is excited to announce that it will conduct its Initial DEX Offering (IDO) on the Bounce Finance platform.
About Bounce Finance
Bounce. Finance is a decentralized NFT auction platform that combines liquidity mining, decentralized governance, and pledge mechanisms. Bounce aims to create a competitive Swap environment that unlocks the potential of open finance.
The token sale of SubDAO on Bounce Finance will be held on Wednesday, 3rd November at 12 PM UTC and will continue till Thursday, 4th November, 12 PM UTC.
600 eligible applicants will be whitelisted.
Here are some of the important guidelines to participate in this token sale.
SubDAO Initial Dex Offering (IDO) Details
Participation link: https://certified.bounce.finance/certified-sales
- Please connect your wallet to see the IDO details.
Duration: 12:00 PM, Nov. 3rd — 12:00 PM, Nov. 4th, UTC
Pool size: 600,000 GOV = 90,000 USDT
Price: 0.15 USDT / GOV
Vesting schedule: 50% releases on TGE (Dec. 4th) and the rest 50% releases 3 months later. Trading starts on Dec. 4th
Hard cap per wallet: 300 USDT
SubDAO certified sales will be held in two pools,
- Whitelisted community members (total size: $60,000)
- AUCTION holders (total size: $30,000; participants must hold at least 30 $AUCTION).
Note: All of the GOV Token assets will be Substrate-Based Token.
Whitelisting starts — October 30th
Whitelisting ends — November 2nd, 10:00 UTC
Winners ANN — November 2nd, 14:00 UTC
How to be Whitelisted?
SubDAO team will manually screen for the eligible users based on the community engagement, creative engagement, and other required tasks. 500 applicants who meet the following requirement will be certified to the whitelist with this method.
You can complete the following steps to get fully whitelisted 👇
- Follow SubDAO Official Twitter account
- Join SubDAO Telegram Community
- Follow SubDAO News Channel
- Retweet and COMMENT this tweet post and tag 3 Twitter friends.
- Fill out this Application SubDAO GOV Token Sale on Bounce Finance Platform
Note: Make sure that you have completed all the steps and entered all the required information in the whitelist. Note that your application can not be changed once submitted.
For early community members who have participated in the SubDAO Airdrop Event and won the award can access the Application for Early Community Members and complete the application.
SubDAO team will review all the applications and grant 60 eligible early community members to get whitelisted in this allocation round.
Note: Make sure to fill out the address the same one as the SubDAO Airdrop Event award address.
Participate in a series of SubDAO’s Whitelist Lottery Draw events
After the whitelist draw is completed, the SubDAO team will announce all whitelists in this round. Please follow our official announcements about the whitelist.
Please be noted that you have to complete all the above steps and submit all required information to have them cross-referenced. And the completion of all tasks does not guarantee you will be whitelisted. In case of overwhelming demand, luck is a real factor.
SubDAO is a DAO infrastructure based on Polkadot. It allows any decentralized organization to swiftly create and manage DAOs. We are committed to serving as a Web3.0 entry by providing blockchain-based digital agreement signing, DAO social networking, asset management, and other tools and services.
SubDAO has completed multi-million dollars financing from dozens of institutions including Huobi Ventures, OKEx Blockdream Fund, CMS, Hypersphere as well as investment by Messari founder Ryan Selkis. The founding team of SubDAO is composed of the former Technical Team leader of the IBM Group and many early well-known developers from Polkadot.