IDO Tiers
Last updated
Last updated
The launchpad operates on a tiering system, where users stake FLOCK/xFLOCK tokens to gain access to Tier Levels, each granting different IDO allocation sizes. FLOCK/xFLOCK serve as a crucial component in participating in project IDOs and gaining access to various benefits within the LambSwap ecosystem.
Note: Your tier level is determined by your combined total of FLOCK & xFLOCK.
As you ascend the tier list, holders of FLOCK/xFLOCK will receive greater guaranteed WL allocations across all of LambSwap's IDOs.
To better understand the "WL Allocation," let's imagine 10% of the total IDO token supply is being sold via the launchpad and a 1x WL allocation is equivalent to 50,000 tokens. This means that every user that holds enough FLOCK/xFLOCK to qualify for a 1x tier has the chance to purchase 50,000 tokens.
As you accumulate more FLOCK/xFLOCK your WL allocation increases. For example, our highest tier, which offers a 10x WL allocation, would allow you to purchase up to 500,000 tokens.