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Participate in IDOs

How to participate in Lands/IDOs?

IDO preparation:

  1. 1.
    Stay tuned on our Telegram Announcement for upcoming Castles, we will announce all information you need to be prepared.
  2. 2.
    Go to IDO page then connect your wallet.
  3. 3.
    Choose which IDO you want to participate in then read information about their project.
  4. 4.
    Click on Buy button or click Your Allocation tab then you can see the required amount to stake in.
  5. 5.
    Stake enough $DRAGON to get one of the options, read carefully the pop-up dialogue then click Approve Contract button.
Noted that you have to use $KAI to buy projects token when IDO goes Live.

During IDO Live:

  1. 1.
    You will need to open the wallet that has staked $DRAGON and contains a sufficient number of $KAI within the required range to buy.
  2. 2.
    The system will automatically open BUY button for you so won't need to refresh the browser or Mobile Dapps.
  3. 3.
    Now, you have to be fast on your action. Click the BUY button and bought amounts of project token you want to (the pop-up dialogue will be shown exactly time when you can unstake your $DRAGON and IDO project token).

After IDO finished:

  1. 1.
    Noted the date to able unstake your $DRAGON also the date to claim project token and remember to do so.
  2. 2.
    Defily project still keeps that IDO page so everyone can easily claim its token.
  3. 3.
    The listing on KAIDEX is mainly waiting for Kardiachain Team to complete all steps to ensure the quality of its projects for the community. When the listing is complete, that project will announce to us then we are freely tradeable.

Note

FCFS (First Come First Serve) is counting when the IDO goes Live, so who clicking faster will buy it first. With this form, everyone has the same fair role to buy (because before the sale, everyone has the same priority whether stake in first or later) and Defily doesn't have the benefits for whom staked first at this time.
You are whitelisted whenever staking enough $DRAGON on that IDO and eligible to join any IDOs on Defily Launchpad as long as holding $DRAGON.