Scalar DAO Token Fair Launch

‘Believers’ NFT Airdrop via Wallet Verification, Pre-launch plans for Token Allocation & Introduction to ‘Legends’ NFT

Scalar DAO

3 min readSep 26, 2023

This is an important notice for the community with regards to the upcoming Scalar DAO Token Fair Launch

There are multiple steps in the run-up to the Fair Launch.

So before we can reach there, read the full blog carefully to learn how to own a Believers NFT and aim for the allocation at Scalar DAO Token’s ‘Fair’ Launch.

Step 1: Wallet & Social Verification

This is a mandatory process for everyone — including those who have participated in or have a confirmed win in our onboarding quests — to own a Believers NFT.

All those who wish to own a Believers NFT, have to undergo this process. This will go-live next week.

Process For Confirmed Winners

QuestN: All QuestN winners have to First Claim the NFT issued on QuestN and then verify their credentials on the Scalar DAO verification page. Each verified user will get a new Believers NFT against their QuestN issued NFT. As of now, 73 users out of 485 confirmed winners have claimed the NFT issued on the quest site
Galxe: Each of the 513 Galxe Raffle winners will also have to complete the verification process for NFT Airdrops

Step 2: Believers NFT Airdrop

The verification process will continue from the date of start till further notice
Once done, we will Airdrop the Believers NFT to all the verified addresses

Step 3: Token Allocations & Buy

After the Believers NFT distribution is completed we will initiate the Token Buy process
The FIRST 888 Believers NFT Holders who click on BUY will get a confirmed allocation for Scalar DAO Tokens (FCFS)

Needless to say, the allocation price will be lower from the listing price
More information regarding the same shall be shared in subsequent announcements
The BUY window shall be opened for a limited time only

Step 4: ‘Legends’ NFT

All Believers NFT holders who buy into their allocations will receive a Legends NFT
Comes with many special perks including discounts on margin trading, share in protocol fee among others on Scalar DAO
A Legends NFT can be traded in open NFT markets as well
More details to follow

Step 5: TGE & Listing

The culmination point to the Fair launch will include comprehensive information on Scalar DAO Tokenomics & Governance, Token Generation Event and Listings on reputed DEXs, CEXs & aggregators.

Each information will be announced on our channels, so stay tuned.

About Scalar DAO

Scalar DAO is a Open-Source, Cross-Chain Leverage Protocol democratizing margin trading. It leverages blockchain for transparency, security, and efficiency. Operating across multiple blockchains, Scalar DAO connects users to diverse assets and markets. It is open-source and has decentralized decision-making, thus promoting innovation & shaping the protocol’s future. Scalar DAO aims to pioneer DeFi adoption and revolutionize the leveraged financial markets in DeFi.

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