With Yokai Swap’s IDO launch just 12 days away, we are counting down to our scheduled IDO launch on 30th November, we are presenting the step by step guide to how to participate in Yokai Swap’s IDO to help you get started ahead of time.
The Yokai Swap Token ($YOK) IDO will begin on 30th November, at 12:00 UTC (noon) and end on 1st December, at 12:00 UTC (noon).
We recommend being prepared as there are some preparations that can be done to ensure you can participate within the 24 hours time frame. Check out our 5 steps guide to learn how the Yokai Swap IDO process will proceed.
- Purchase CKB
For US users, see this guide by Nervos on how to buy CKB: https://www.nervos.org/blog/how-to-buy-ckb-in-the-us
2. Move CKB from layer 1 to layer 2
Using YokaiSwap Bridge Deposit (https://yokaiswap.com/bridge/deposit)
Please make sure to check your address when withdrawing CKB from exchanges that do not support CKB long addresses.
-The long address given only belongs to Yokaiswap.
-For the portal wallet users, you should transfer funds of layer1 wallets/exchanges to deposit on Yokai.
Connect wallet via MetaMask
Transfer CKB from exchanges or other CKB Addresses to your L1 Wallet Address.
Enter the CKB amount you want to deposit, click “Deposit” then confirm the signature request on MetaMask.
3. Go to YokaiSwap the IDO page. (https://yokaiswap.com/ido)
4. Commit your CKB.
Enter the CKB amount you want to commit, click “Commit CKB” then confirm the signature request on MetaMask.
5. Claim your YOK and refund your CKB (if there are any) after IDO ends.
We are very excited to start this magical Defi journey with you. As the sale period will only last for 24 hours, we strongly advise you to prepare your CKB, so you are well prepared. 1% of the total supply will be sold through this IDO. YOK will be priced in CKB with a total valuation of 25m USD. The more CKB you commit, the more chances you will receive an allocation of YOK!
About Yokai Swap
YokaiSwap is a next-generation interoperable, decentralized trading platform and the first to come from the Nervos network. As a DEX (Decentralized Exchange), YokaiSwap will have AMM (Automated Market Maker) protocol integration which will be essential for priced assets to be algorithmically and efficiently swapped for users to smart contract transactions. YokaiSwap will also have Yield Farming and Staking so you can earn passive income after trading.
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