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Key Events In An IDO (KrystalGO)
Here are the key events for each IDO that is launched on KrystalGO:
During this stage, you will be able to indicate your interest in the project.
You will need to register for an IDO by accumulating trade volume for the last 30 days.
In terms of trading volume, it will be:
- Calculated in USD
- Taken 30 days from the end of the registration period
For example, if the end of the registration period is 30th Jan, the trading volume that is counted will be 30 days before 30th Jan.
The allocation for each tier will be announced a few hours after the registration ends.
During this time, your tier will be determined as well.
The pre-order will start when the allocation announcement is released. During this time, you will be able to purchase the amount allocated to you by making the necessary deposit.
If you do not purchase your allocation during this period, you will lose any guaranteed allocation and it will be available for others on a First Come First Serve (FCFS) basis.
All pre-orders will be filled, and the remaining allocation that is not bought will be available for sale.
There are 2 phases of the Token sale:
If all of the tokens are sold during the Public phase, there will no Last Call phase.
This is when the project's token will be listed on a DEX. The project will usually announce their listing on their Telegram channel, so do follow their socials for the latest updates.
Based on the number of tokens that you have bought from the IDO, a percentage of it will be available to you at the token generation event (TGE).
The remainder of the tokens that you've bought will be distributed to you based on the schedule that was previously stated.
Here's an example of a vesting schedule:
The vesting schedule will vary as it is determined by each individual project.