Summary

Essential info on the process

IDOs are performed on the BSC network and funded by BUSD.

The usual timeline is:

  • starts at 11:00am UTC

  • duration is 6 hours

  • FCFS round starts 1 hour before the sale end

  • registration opens 48 hours before the start

Please take a look at the list of questions we need you to answer to be listed on TrustPad: Required pool information

Before the sale

  • we confirm the date T0 of the sale (11:00am UTC)

  • you provide information and we create a pool page on trustpad.io

  • if requested, we create a whitelist competition T-3 days before the sale

  • the registration opens T-2 days before the sale start

  • TPAD stakers register to participate in the IDO

  • registration closes T-6 hours before the sale start

  • we draw and announce the whitelist and lottery winners

  • we calculate the base allocation (we call it 1x), determining how much each user can invest based on their level

During the sale

  • the sale opens for the confirmed duration (6 hours)

  • registered stakers, whitelist and lottery winners must fund their guaranteed allocation for the next 5 hours

  • the last hour is for the FCFS round, when the remaining pool gets sold out in 1-2 minutes

After the sale

  • the sale ends as soon as the pool is sold out or when its end date is reached

  • we give you the list of wallets and their allocations

  • we send the raised BUSD funds minus fee to the specified BSC address

  • you list the token and post an announcement in TG with contract details, links to trading platforms, charts

  • we re-post the announcement post

  • we/you distribute the tokens according to the plan (see Distribution)

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