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Dexlab New IDO Rule

Hello, Dexlab community! This is the Dexlab Team.

Tada! We are here to present the newly reorganized Dexlab IDO Whitelist system. All of the following new IDO whitelist processes on Dexlab will proceed with these new rules that we are going to introduce now.

The progress will be the same in all whitelisting processes, but the token distribution of each project will vary depending on the project’s plans. So, please be aware of tokenomics!

Details will be discussed in the following sections. HODL to the end!

Contents

  1. Ranking Pool / Standard Pool
  2. Holder Ranking System
  3. DXL Token Snapshot
  4. Whitelist
  5. Summary

1. Ranking Pool / Standard Pool

Pools are divided into the Ranking pool and Standard pool to participate in IDOs. As we have started the staking, participants in the staking pool can join the IDO sale.

Ranking Pool

Ranking System reflects your DXL staking holding amount. Therefore, if you want to participate in the IDO sale, you need to stake your DXL on Dexlab staking pool. The sale amount will be allocated differentially according to the ranking. If you are in the rankings, you are guaranteed to participate in the IDO sale. Stakers those who are not included in the ranking pool, they are automatically allocated to the standard pool, and the tickets are given proportional to the DXL staking quantity.

Standard Pool

If you participate in the standard pool without staking DXL, you will receive 1 ticket. By staking DXL, you will receive an additional ticket for every 100 DXL. The number of tickets you have increases your chances of winning. The IDO token amounts will be distributed randomly to people in the standard pool. Please refer to [DXL Token Snapshot] for the snapshot details.

2. Holder Ranking System

The ranking reflects on the DXL staking amount during whitelist participation. If you are in the ranking, you are guaranteed to buy at least a minimum hard cap. More tokens are available to buy if you stake a higher rank but the amount of tokens depending on the rank that you can buy is fixed. However, the amount of token depending on the rank that you can buy differs from the IDO token amount so please check the IDO details and project information when you participate in the IDO whitelist.

Summary.
- We recommend staking DXL tokens in advance regardless of whether you apply for the whitelist.

- This rule applies equally to all, and the snapshot reflects the actual amount of DXL staking. Confirmed purchasable quantities are not always the same, and are applied on a per-project basis and by rank. Details of the rating criteria will be announced before the next IDO starts.

-The sale amount will be allocated differentially according to the ranking.

3. DXL Token Snapshot

The snapshot only reflects the actual amount of staked DXL quantity, and will not be recognized if it cannot be verified on the Solana Network. The ranking will be finalized according to the actual DXL staked amount.

4. Whitelist

Anyone can participate in the whitelist. After submitting the whitelist, you will be automatically assigned to the Ranking Pool and Standard Pool according to the DXL staking amount. If you do not manually apply for the whitelist, even if you participate in staking, your participation will not be counted, so it is essential to apply for the whitelist. The one who participated earlier get a priority if the staking amount it same.

5. Summary

  • In the ranking pool, if you do not stake, you will not be included in the ranking. A portion of IDO sales is guaranteed according to a ranking by staking quantity.
  • Stakers those who are not included in the ranking pool, they are automatically allocated to the standard pool, and the tickets are given proportional to the DXL staking quantity.
  • In the standard pool, if you participate in the standard pool without staking DXL, you will receive 1 ticket. However, if you stake DXL, you will receive an additional 1 ticket for every 100DXL (in the standard pool). The number of tickets you have increases your chances of winning.
  • The DXL token snapshot will be applied to all DXL stakers during the whitelist, and the ranking will be finalized according to the actual DXL staked amount.
  • Whitelist participation is available on the IDO page after connecting the wallet.

Thank you for carefully following the article up to this point! The participation tutorial and ranking standard will be announced before starting the next IDO. Dexlab with various projects’ IDO is lined up to the moon! Be prepared to take your seat in IDO 😏

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Dexlab makes launching on Solana easy with a token minting lab, a launchpad and a dedicated DEX for all listings.

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Dexlab

Dexlab

Dexlab makes launching on Solana easy with a token minting lab, a launchpad and a dedicated DEX for all listings.

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