Orange $ORNJ: IDO Details and How to Participate

For additional details on Launchpad terms, how to apply, IDO stages and participation, please see our Medium post on Launchpad Terms and Participation.

alexGo.btc
ALEX DeFi
Published in
2 min readJan 24, 2024

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IDO Details

Project Details: https://app.alexlab.co/launchpad/Orange

Total Raise: 1,000 Tickets

Ticket Amount: ~0.0025005 BTC (~100 USDT)

Subscription Currency: BTC or aBTC

Max Tickets per Wallet (Lottery Stage): 50

IDO Dates:

Registration Opens: Stacks block 136900, Jan 25

Registration Closes: Stacks block 137380, Jan 30

AMM Pool Opens: Jan 31

Deposit of ORNJ Opens: Feb 1

Withdrawal of ORNJ Opens: Feb 1

IDO Stages:

Community APower: Stacks block 136900 to 137380, Jan 25 — Jan 28

IDO Lottery*: Stacks block 137020 to 137380, Jan 26 — Jan 28

Whitelist: Stacks block 137500 to 137740, Jan 29 — Jan 30

Buy Back Period**: Feb 8 — Feb 14
For more information on IDO stages see our Launchpad Medium post.

How To Participate:

BTC Users:

1) Go to project Dashboard

2) Connect BTC wallet (Leather, Xverse, Unisat, OKX, Bitget)

3) Connect Stacks wallet (Leather, Xverse, Xverse Mobile, OKX, Asigna)

4) Select # of tickets and register

Stacks Users:

1) Go to project Dashboard

2) Connect Stacks wallet

3) If you don’t hold $aBTC use the Swap page to exchange: https://app.alexlab.co/swap

4) Select # of tickets and register
For more information on general participation see our Launchpad Medium post.

*IDO Distribution: Smart contract IDO lottery with 1,000 winning tickets drawn. Winning tickets swap BTC/aBTC for ORNJ. Losing tickets are refunded BTC/aBTC back to wallets.

**Buy-Back Period will only be open if the closing price of the token on Feb 7 < IDO price (price quoted on Coingecko, or absent Coingecko price as determined by ALEX)

Note: Stacks network activity remains high and congested. Increasing your Stacks tx fees to .5–1 STX may expedite your tx, but it's not guaranteed.

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alexGo.btc
ALEX DeFi

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