DAO Maker IDO Participation Instructions

4 min readJun 24, 2022

Hey Riders,

As you already know DAO Maker will be our “go-to” IDO platform for $WRT token. To make your journey to obtain the $WRT tokens as easy and smooth as possible, we have put together this ‘How to’’ guide.

DAO Maker

DAO Maker is the leading incubation, fundraising and acceleration platform with a vast network of successful projects launched.

Their clients benefit from their experience and expertise, while users of the platform enjoy attractive Venture Yield rewards and participate in regular Strong Holder Offerings. Throughout the years, it has been supporting and accelerating ideas turning some of them to multi-billion dollar cryptocurrencies.

It boasts a Community of Strong Holders that engages across the whole DAO Maker Ecosystem.

There are two ways to participate in the upcoming DAO Pad IDOs. The DAO SHO (Strong Hold Offer) and Public SHO.

https://daomaker.com/company/wingriders

DAO SHO

DAO SHO is the token sale reserved for DAO token holders.

You need to stake minimum 2000 DAO tokens in the Venture Yield contract to be eligible to participate in DAO SHO’s.

Public SHO

The PUBLIC Offering allows any Participant with more than $2500 USD worth of tokens in their wallets to participate in Coin Offerings on DAO Maker. KYC happens after the results are delivered and only the winners must do it.

PUBLIC offerings can be compared to Freemium access. By staking DAO, users can unlock Premium Accounts to join SHOs that have a higher winning chance and larger allocations. Users that are staking DAO tokens can also join PUBLIC SHOs, their staked DAO counts as assets.

The main difference between the two is that the winning chance for DAO SHOs is higher as there are fewer participants and the fee structure. See “What is the Fee structure for PUBLIC SHOs and DAO SHOs?” for a detailed breakdown of the fee structure.

Participate via DAO SHO participation

To participate in each SHO you have to meet the following requirements:

Create an account on the DAO Pad platform and pass KYC
Purchase the DAO tokens and connect your wallet to daomaker.com
Make yourself familiar with the staking FAQ (can also be found below staking UI) and Strong Holder requirements
Stake minimum 2000 DAO Tokens
Register to the SHO page using the address of the wallet that is used for staking

Due to legal reasons, some Countries are restricted and won’t be able to participate in the sales. Countries excluded from participation are always indicated in the SHO guidelines some days before the SHO starts.

Participate via Public SHO

Register account (https://daomaker.com/register), Complete the KYC process (If you have not done so already)
Connect Wallet
Hold $2500+ worth of tokens across EVM networks in your wallet
Staked Tokens in compatible Farms / Pools will also be counted
Connect Twitter account and follow Twitter accounts listed for Social Score Bonus
Make yourself familiar with the FAQ
Go to the Research Page, and Participate in Public SHO
Share your referral link* to get extra winning chances

*What is the referral link and how does it work?

A referral link is a link that is valid for one SHO at a time. For each user, a unique referral link is generated, which he can share with his friends.

Through a referral link, the referred and the referrer have the opportunity to increase their Total Score and thus have better chances of winning the SHO.

How does it work?

Share your referral link and invite minimum 5 friends to the sale.

You get a larger percentage of your friends’ score the more friends you invite. It starts at 10% and goes up to 40%.

The milestones are defined as the following:

Refer 5 friends to get 10% of their score
Refer 10 friends to get 15% of their score
Refer 25 friends to get 20% of their score
Refer 50 friends to get 25% of their score
Refer 100 friends to get 30% of their score
Refer 250 friends to get 35% of their score
Refer 500 friends to get 40% of their score

*Once you reach a milestone, the percentage applies to all your referred friends. For example, if you refer 25 friends, you will get 20% of each friend’s score.

What is the tier system?

Depending on the amount of DAO staked — users could fall into one of five tiers. The higher the tier, the greater the winning chances and amount of allocations that can be attained.

Tier requirements:

Tier 1–2,000 DAO

Tier 2–4,000 DAO

Tier 3–10,000 DAO

Tier 4–25,000 DAO

Tier 5–50,000 DAO

In addition to the Multi Allocation System, the Weight Variable allows users to enjoy an increased no-linear advantage as users upgrade their holdings and reach higher tranches.

Tranche 0 = 1 X Chance

Tranche 1 = 4.6 X Chance

Tranche 2 = 9.76 X Chance

Tranche 3 = 26 X Chance

Tranche 4 = 69.5 X Chance

Tranche 5 = 149 X Chance

You can review the latest stats and results of the DAO SHO’s here, to see the average winning chances for each sale.

For more information visit: https://daomaker.com/faqs/dao-pad

Telegram:

https://t.me/daomaker_ann > Announcement channel

https://t.me/daomaker > Support channel

Twitter: https://twitter.com/TheDaoMaker