The PolyPAD tiered system

PolyPAD aims to empower projects with fundraising ability while developing loyal users, at the same time, allowing retailer investors and potential users to access early investment deals. PolyPAD will provide everyone with an equal opportunity to join IDOs through our platform by staking MPAD.

Today we will showcase a fixed tier system based on the number of tokens held. This system provides all tokens and LPs holders an equal shot at participation in our IDOs and avoids any possibility of bot manipulation.

Anyone who wants to participate just needs to hold MPAD tokens before an announced deadline. Users will then be classified into tiers based on the number of MPAD tokens holding, which will guarantee allocations among the participants.

ROUND 1 — ALLOCATION ROUND

There are 6 tiers in this round, such us:

  • Diamond — Those who hold at least 200,000 $MPAD qualify for this tier.
  • Platinum — The Platinum tier is for holders of $MPAD who held at least 80,000 $MPAD.
  • Gold — Those who hold at least 40,000 $MPAD.
  • Silver — $MPAD holders who hold at least 20,000 $MPAD are eligible for this tier.
  • Bronze — Those who hold at least 8,000 $MPAD.
  • Iron — Those who hold at least 4,000 $MPAD.
Pool weight per tier

ROUND 2 — FCFS ROUND

In the second round, the rest of the tokens from round 1 will be sold. Everyone can participate, even the first-round holders (please keep in mind that you can not exceed your tier maximum allocation per wallet). This round will last for a few hours or end as soon as all tokens are sold out.

Note:

  • Both rounds are following the First Come First Served mechanism.
  • The first round will last for 1 hour.
  • If all tokens are sold out on the 1st round, the 2nd round will still be opened following the rule without any trading activity.
  • Random snapshots to classify MPAD holders will unquestionably count in 3 days before the IDO day.
  • Allocation for each tier will be automatically updated on your wallet address when you connect to the pool on our website.

Stay tuned and hold MPAD!

Hope to see you at our official IDOs!

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PolyPad — The first decentralised IDO and incubation platform Exclusively dedicated to Polygon

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PolyPad — The first decentralised IDO and incubation platform Exclusively dedicated to Polygon

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