Announcing Alpies Sale Structure On ETH — Whitelist and Lottery

Huacayachief
Alpaca Finance
Published in
7 min readOct 22, 2021

Dear Alpacas,

The 5000 Dauntless Alpies successfully sold out less than 1 minute after hitting the floor price of 1 BNB. With the Dutch auction, the average selling price was 1.42 BNB =~ 675 USD =~ .166 ETH at today’s prices.

As we prepare for the sale of our Dreamer Alpies collection on Ethereum, we want to share the sale structure and timeline with you.

Since the sale structure on Ethereum will be an increasing-price format, we will also introduce a Whitelist process to ensure our community members are given the highest priority in the sale. Before we go into details on the Whitelist, let us give a bit more info on the Dreamer Alpies, which will be sold on Ethereum.

The Dreamers

The Dreamer Alpies will have many exclusive features not shared by the Dauntless Alpies that sold out on BNB Chain. These features will be more light-themed with their own unique styles.

For the upcoming game, the Dreamer Alpies will have 5 unique classes, exclusive to only the Dreamer Alpies. Each of these classes will have its own individual playstyle and specific role within the game. Although the Dreamers will be more righteous, or what some may call Order-Good, you should never underestimate their ability to defeat enemies and charm mothers-in-law.

In order to play the game, you will need a team of 3 Alpies. The team can be made up of any combination of Dreamer and/or Dauntless Alpies though, so you don’t need to worry if you plan to own Alpies on both ETH and BNB Chain. All Alpies will be bridgeable between the two networks and will be generally interchangeable for all purposes besides their playstyles within the game.

You can find more info on Alpies in our previous article here and in our FAQ.

You can also visit the primary site for Alpies: alpies.alpacafinance.org

Now, let’s discuss the sale structure for the Dreamers on Ethereum, including the Whitelist and Lottery. We’ll be allocating a total of 2500 out of the 5000 Dreamers to Whitelist spots.

  • 1500 of those will go to Alpaca Finance users in our Herd.
  • 500 will go to a public lottery, which anyone can enter, and finally;
  • 500(may not use all) will be reserved for partnership groups for promotional purposes.

As you can see, most of the Whitelist spots will go to our users, many of whom have asked us if the prior Alpaca NFTs they own will have any utility and now, they have their answer — this is the first utility case for Alpaca Finance’s NFTs!

🎫 Alpaca Finance Community Lottery

Total number of Whitelist spots:

1,500

Minting Price:

0.20 ETH (- 10% starting price of ETH public sales)

🙋Qualification:

Wallets holding Alpaca NFTs at 12PM UTC on October 18th (A snapshot has already been taken, so NFTs minted or transferred to new wallets after that will not count).

For those who are wondering, the wallet address for BNB Chain & ETH is the same. So if you held an Alpaca NFT in your BNB Chain wallet and win a Whitelist spot, your same address will be eligible to mint a Dreamer NFT on the Ethereum network. Just make sure you have enough ETH in that wallet on the Ethereum network. You can transfer funds to your Ethereum wallet using any CEX or the Binance Bridge.

The total number of lottery tickets you receive will be based on the type and the total number of NFTs you hold.

For specific weights of various NFTs, please see this sheet.

🕐Timeline:

** Please read this part carefully **

  • Wednesday, 27th October at 11.59 PM UTC: If you would like to submit your qualified wallets (that held Alpaca NFTs during the snapshot) into this lottery pool, you must submit your wallet addresses in this form by the aforementioned time.
  • WHITELIST FORM
    (If you did not hold any Alpaca NFT at the snapshot date, you will not be eligible for this lottery but you can still enter the public lottery.)
  • Thursday, 28th October: We will publish the list of qualified wallets and total number of their ticket entries. Some hours later, we’ll perform the drawing of lucky winners on-chain to ensure fairness, after which we’ll announce the winners.
  • Friday, 29th October at 11.59 PM UTC: If you are selected in the lottery, you’ll have to transfer the minting cost (at the discounted Whitelist price) of the Dreamer NFTs you won allocation for to the address we’ll specify. You will have to make this transfer before the aforementioned time and from your whitelisted wallet address. Any whitelisted Alpies that are not paid for before the cutoff time will go to public sale, and your will lose your Whitelist allocation.
  • Tuesday, 2nd November at 2.00 PM UTC: The Public Sale of the Dreamer Alpies will start, and you will be able to claim your Whitelist Alpie at alpies.alpacafinance.org by connecting your whitelisted wallet on the site.

🎫Public Lottery

Total number of Whitelist spots:

500

Minting Price:

0.22 ETH (starting price of ETH sales)

🙋Qualification:

Anyone who completes all three activities in our Gleam campaign which includes:

  1. Join our Discord channel
  2. Follow our official Twitter account
  3. Retweet our Alpies sale post

After completing all the activities, you will be able to enter your wallet address in the form.

🕐Timeline:

* Please read this part carefully **

  • Wednesday, 27th October at 11.59 PM UTC: Deadline for completing the Gleam Campaign.
  • Thursday, 28th October: We’ll perform the drawing of lucky winners on-chain to ensure fairness, after which we’ll announce the winners.
  • Friday, 29th October at 11.59 PM UTC: If you are selected in the lottery, you’ll have to transfer the minting cost of the Dreamer NFTs you won allocation for to the address we’ll specify. You will have to make this transfer before the aforementioned time and from your whitelisted wallet address. Any whitelisted Alpies that are not paid for before the cutoff time will go to public sale, and you will lose your Whitelist allocation.
  • Tuesday, 2nd November at 2.00 PM UTC: The Public Sale of the Dreamer Alpies will start, and you’ll become able to claim your Whitelist Alpie at alpies.alpacafinance.org by connecting your whitelisted wallet

📜Partner Whitelist

Total number of Whitelist spots:

500(may not use all)

Minting Price:

0.22 ETH (starting price of ETH sales)

🙋Qualification:

If you have a group, please email contact@alpacafinance.org to apply for allocation. Include the social links to your group in the email.

🕐Timeline:

* Please read this part carefully **

  • Friday, 29th October at 11.59 PM UTC: The specific group you are a participant in should notify you if you’ve won a Whitelist spot. If you have, you’ll have to transfer the minting cost of the Dreamer NFTs you won allocation for to the address we’ll specify. You will have to make this transfer before the aforementioned time and from your whitelisted wallet address. Any whitelisted Alpies that are not paid for before the cutoff time will go to public sale, and you will lose your Whitelist allocation.
  • Tuesday, 2nd November at 2.00 PM UTC: The Public Sale of the Dreamer Alpies will start, and you’ll become able to claim your Whitelist Alpie at alpies.alpacafinance.org by connecting your whitelisted wallet

🃏Public Sale

Start time

Tuesday, the 2nd of November at 2 PM UTC

Pricing Structure

  • Start Price: 0.22 ETH
  • Price increases by 0.005 ETH every 30 minutes until sold out or reaching the Ceiling Price
  • Ceiling Price: 0.25 ETH

We look forward to your participation in the sale. We’d like to gently remind you once again that the Dauntless Alpies on BNB Chain sold out in less than 1 minute after hitting the 1 BNB floor price and many users did not manage to mint Alpies in time. Here’s your last chance, so be sure to capitalize on this opportunity 😉, especially since the price will no longer be decreasing but increasing instead.

We managed to raise $164k (5% of total sales) for charity from the sales of the Dauntless Alpies, and will donate the full amount to charities for alpacas, wildlife, and other good causes. We are grateful to everyone for being a part of that.

The sale will take place here: alpies.alpacafinance.org

If you have any questions, please visit our socials below.

About Alpaca Finance

With over $1 billion USD in TVL, Alpaca Finance is the largest lending protocol allowing leveraged yield farming on Binance Smart Chain. It helps lenders earn safe and stable yields, and offers borrowers undercollateralized loans for leveraged yield farming positions, vastly multiplying their farming principals and resulting profits.‌

As an enabler for the entire DeFi ecosystem, Alpaca amplifies the liquidity layer of integrated exchanges, improving their capital efficiency by connecting LP borrowers and lenders. It’s through this empowering function that Alpaca has become a fundamental building block within DeFi, helping bring the power of finance to each and every person’s fingertips, and every alpaca’s paw…

Furthermore, alpacas are a virtuous breed. That’s why, we are a fair-launch project with no pre-sale, no investor, and no pre-mine. So from the beginning, this has always been a product built by the people, for the people. Or as we like to say: by the alpacas, for the alpacas.

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