How-To Guide to Join Summoners Arena Whitelist IGO on GuildFi

The selection for the whitelist slots will be split into two groups with a combined total of 500 spots to claim Summoners Arena’s Genesis Heroes NFTs. We have split the groups into two winning pools, as we want to reward a wide array of community members for this sought-after IGO. This means that both GF stakers and GXP holders will have the opportunity to join each pot for selection. GF stakers will be able to use the rewarded sGF to join.

Key Details regarding the IGO:

• Total Whitelist Spots: 500 spots
• Tuesday, 11th January, 3:00 PM UTC : Registration opens for GXP exchange
• Wednesday, 12th January, 3:00 PM UTC : Registration closes for GXP exchange. At this time we will also take a snapshot of sGF holders.
• Thursday, 13th January, 1:00 PM UTC : Announcement of whitelist winners on the GuildFi platform
• Friday, 14th January, 1:00 PM UTC : Whitelist winners can start purchasing their Genesis Heroes NFTs
• Maximum allocation per user: 3 Genesis Heroes NFT per user
• Price: 0.1 BNB per Genesis Heroes NFT (0.3 BNB if you elect to purchase the maximum of 3 Genesis Heroes NFTs)

400 whitelist spots for GF stakers

We have decided to reward our GF stakers with as much as 400 whitelist spots. Gem Power (Blue) will be used to recognize the biggest GF stakers on the GuildFi platform. Gem Power (Blue) is simply a tool for us to recognise the biggest and longest GF stakers on the platform and will be a result of the amount of sGF a Guild ID has. The higher your Gem Power (Blue), the higher chance you will have to receive a ticket for the Triple IGO on the GuildFi platform. Anyone who is currently staking GF on our platform will have the opportunity to ultimately receive a ticket for the whitelist spot.

We will be taking a snapshot of all GF stakers on our platform on the 12th of January 2022 at 3pm UTC to be able to announce the random ticket winners and distribute the tickets on the 13th of January at 1PM UTC.

The chances of you receiving a ticket directly correlates your Gem Power (Blue) that you have, therefore, it effectively correlates to the amount of GF that you have staked on the platform and the time you have staked it for. The information below shows the chances that a certain amount of Gem Power (Blue) held will give you and the amount of tickets that will be given away.

• Less than 300 Blue gem power — Wallets with less than 300 of sGF is not eligible for a ticket
• 300+ Blue gem power — Wallets with 300 or more Gem Power (Blue) has a 3% chance of receiving a ticket
• 1000+ Blue gem power — Wallets with 1000 or more Gem Power (Blue) has a 10% chance of receiving a ticket
• 4000+ Blue gem power — Wallets with 4000 or more Gem Power (Blue) has a 30% chance of receiving a ticket
• 10,000+ Blue gem power — Wallets with 10,000 or more Gem Power (Blue) has an 85% chance of receiving a ticket
• 40,000+ Blue gem power — Wallets with 40,000 or more Gem Power (Blue) has a 95% chance of receiving a ticket

Note: The percentage reflected above is a close estimation only and is not exact. The exact ‘Chance’ percentage may differ slightly on the day we pick the whitelist spots.

If you are eligible for the 400 whitelist spots, then you will need to claim your Genesis Heroes NFT on a first-come-first-serve basis when the IGO opens at 1:00 PM UTC on the 14th of January 2022.

Note: sGF, staked GF, which is rewarded in a time-weighted format has been outlined in an earlier blog post which can be read here.

100 whitelist spots for GXP holders

Holders of the GXP token will also be able to use the GXP token to obtain Gem Power (Red). Gem Power (Red) will allow GXP holders to be able to join the pot to have a chance to get a spot on the whitelist as well. Holders of GXP can elect to burn their GXP tokens to receive Gem Power (Red) where burning 200 GXP will get 100 Gem Power (Red), 350 GXP will receive 200 Gem Power (Red), 450 GXP receives 300 Gem Power (Red), 550 GXP receives 400 Gem Power (Red) and 650 GXP receives 500 Gem Power (Red).

GXP holders will be able to exchange their GXP for Red Gem Power starting from the 11th of January 2022 at 3PM UTC. Ticket holders will be informed of the outcome, whether they are the lucky whitelist winners of the Genesis Heroes NFT on the 13th of January 2022 at 1PM UTC.

Winners will be able to redeem their Genesis Heroes NFTs on the 14th of January 2022 at 1PM UTC.

Note:

• To ensure that we have 500 different whitelist winners, every wallet address will receive a maximum of one whitelist spot even if the account holder wins both methods.
• By logging into the GuildFi platform with your GuildFi ID, you will be able to check and confirm your eligibility for a whitelist spot on the GuildFi platform itself. This will be announced on the 13th of January at 1PM UTC.

Tip: Claim an extra +50 GXP by joining the Summoners Arena’s Discord during the event.

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