Here is a guide on how to stake your POLR tokens, register for the PolyWhirl IDO, and participate in the public sale.
Click here to see how to buy POLR, the native token for the Polystarter launchpad ecosystem.
Initial Dex Offering (IDO): is an event which refers to a cryptocurrency asset launching on an Decentralized Exchange (Dex). In an IDO, a blockchain project makes a coin’s first public debut on a DEX in order to raise funding from retail investors. IDOs can offer a cost-effective option to listings, with providing quick liquidity and options for instantaneous trading.
Public Sale: is the sale conducted by a project team to onboard retail early investors into a project, the raise amount, contribution type can be decided by the team itself.
Staking: is a process where investors can stake (set aside) the native token of a launchpad and the staked tokens can act as a ticket to gain access to an IDO event on that launchpad platform. The amount of tokens staked can determine the amount of contribution that investors can invest in that particular IDO event of a project.
PolyWhirl IDO Event
Public sale for PolyWhirl will commence on 15 July 2021 on Polystarter’s platform, details can be found below:
Sale price: $0.15
Listing Price: $0.30
Raise amount: $375,000
Tokens in public sale: 2,500,000 $WHIRL Tokens
Initial Market Cap: $352,000
Registration for Public Sale
There will be a 48 hour window available to register for the PolyWhirl IDO event, investors have to register in this time-frame for participation itself.
Registration Start: 15:00 UTC, 12 July 2021
Registration End: 15:00 UTC, 14 July 2021
Public sale Start: 15:00 UTC, 15 July 2021
Public sale End: 17:00 UTC, 16 July 2021
Lightning Round (FCFS)
If there are any unclaimed $WHIRL tokens after the public sale, there will be a lightning round, which will consist of a FCFS (First Come First Serve) sale. More FCFS round details, if any, will be conveyed as soon as the public sale period ends.
FCFS round Start: 18:00 UTC, 16 July 2021
FCFS round End: 05:30 UTC, 17 July 2021
Steps for Participation
To register for an IDO, you must have a qualifying number of POLR tokens staked in accordance with the tier system chosen.
a. To know more about the different tiers Polystarter offers, click here.
b. To know the steps on how to buy POLR, click here.
c. To follow our staking guide, click here.
Go to our platform at polystarter.net/app/Pool to register.
a. Click on PolyWhirl’s pool page
b. On the registration page, choose the tier which you want to choose for the allocation. It will show you options according to the POLR tokens you have staked.
c. Choose the tier which you want to participate with, higher the tier, higher the allocation. After choosing your tier from the dropdown menu, click on Register.
You will be successfully Registered for the IDO. When the time for the public sale starts, you will be able to participate with the tier chosen.
3. Contribute during Sale
Contribution type: MATIC
Total Raise amount: $375,000
Polystarter is a full-fledged launchpad for innovators and entrepreneurs in the Polygon ecosystem. From technical support to fund-raising initiatives, Polystarter aims at nurturing ingenious dApp devs and other ventures in lines of sustainability and growth. With an overarching aim of building an inclusive infrastructure of DeFi projects, Polystarter is establishing itself as a one-stop accelerator.
PolyWhirl is a completely decentralized ecosystem for secured, private transactions on Polygon enabling its users to make transactions on the chain while avoiding linkage of wallets. It allows for a transfer of funds to an entirely new address without exposing the identity connected to any previous wallets.