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Globe Official

Introducing Globe ($GDT) Crowdpooling on DODO

Update April 30th:

We’ve received much more than expected applicants for the Globe IDO whitelisting, and it’s will take little more time for processing. The Start Time of the IDO on DODO will be delayed to May 2nd, 2021 UTC+8 (Singapore Time), the IDO End Time will remain the same.
Thanks for your understanding.

Edit: vDODO holders and apply for the whitelist here: https://community.dodoex.io/t/globe-dodo-ido-whitelisting-for-vdodo-holders/1828

Hello Globe Community,

Globe Derivatives Token ($GDT) will be starting a Crowdpooling campaign on DODO and creating a trading market($GDT/$ETH) after its conclusion. Please see below for more details:

Crowdpooling Information

  • Project Name: Globe ($GDT)
  • Total Number of Tokens Provided by Project Team: 600,000 GDT
  • Crowdpooling Token Allocation: 300,000 Token (0.075% of the Total Token Supply)
  • Crowdpooling Hard Cap: 300,000 USDT
  • Crowdpooling Token Price: 1 GDT = 1 USDT
  • Personal Hard Cap: 500 USDT
  • Crowdpooling Start Time: 10:00 AM April 30th, 2021 UTC+8 (Singapore Time)
  • Crowdpooling End Time: 10:00 AM May 3rd, 2021 UTC+8 (Singapore Time)

Crowdpooling on DODO is an equal opportunity way to distribute tokens and establish liquidity markets. The project team provides its project/governance tokens, and sets the token price and the amount of tokens to be issued. Anyone can subscribe to purchase the tokens during the campaign period.

If the overall subscription amount by participants is higher than the Crowdpooling hard cap, then all participants will receive tokens proportional to their shares of the pool at the initial price. At the end of the Crowdpooling period, the corresponding token liquidity pool will be created and open for spot trading.

Additional Notes on Crowdpooling:

  1. Do NOT send tokens or interact with the Crowdpooling contract address before or after the Crowdpooling. Your tokens may be lost forever and DODO is not liable for any asset losses due to user contract interactions outside the Crowdpooling period.
  2. You can freely adjust your Crowdpooling stake amount at any time before the Crowdpooling ends.
  3. If the total staked amount by participants is below the Crowdpooling hard cap, then all participants will receive tokens normally (i.e. the number of tokens received = the amount participants staked / token price). The leftover tokens will be put into the market making pool and become available for spot trading.
  4. If the total staked amount by participants is over the Crowdpooling hard cap, then all participants will receive tokens proportional to their shares of the pool, at the initial offering price. Any difference between the amount participants staked and the actual cost of the tokens (i.e. token price * the number of tokens actually received) is then refunded back to participants.
  5. Participation in Crowdpooling is NOT risk-free. DODO is not liable and will not be offering compensation for any asset losses caused by factors such as project mismanagement, arbitrary and/or malicious token minting, and secondary market manipulation. Cryptocurrencies are a high-risk asset class, so please always proceed with caution and beware of various risks.

About DODO

DODO is a decentralized exchange platform powered by the Proactive Market Maker (PMM) algorithm. It features highly capital-efficient liquidity pools that support single-token provision, reduce impermanent loss, and minimize slippage for traders.

URL: https://dodoex.io/

About Globe

The Globe’s fairest & fastest crypto exchange built by Y Combinator alumni. Trade BTC, ETH, and DeFi Tokens with more leverage via perpetual futures contracts.

Sign up now and trade with testnet bitcoin at: globedx.com

Join our community channels:

Website | Twitter | Telegram

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