Revised Token Sale Schedule on KrystalGO

The following will be effective from December 24, 2021.

Updates
(11 May, 2022): The KrystalGO point system has been revised effective 11 May 2022. Please refer to our Gitbook for the latest update.

Having completed token funding rounds for 13 projects since our inception on October 28, 2021, we have received much constructive feedback from the community. Today, we are introducing an improved Token Sale Schedule.

Improved Token Sale Schedule

At the end of a project’s registration phase, allocation will be calculated and announced. Introducing 3 the new phases — Pre-Order, Token Sale (Public) & Token Sale (Last Call).

Pre-Order

1. Allocated wallets can immediately deposit to pre-order your allocation. Your order will be filled automatically at the start of Token Sale.
2. You have to pre-order your allocation before the start of Token Sale.
3. Any unpurchased allocation will be available for sale during the start of Token Sale.

Token Sale (Public)

1. If there are tokens remaining, all users registered in the project’s pool will be given an equal allocation.
2. This includes users who missed the raffle + users with wallets allocated.
3. Max token allocation will vary, project-by-project basis
4. Sale is first come first serve.
5. Round will run for 1 hour, or until tokens are sold out, whichever comes first.

Token Sale (Last Call)

1. If there are tokens remaining, all KYC-ed KrystalGO users can purchase.
2. No max purchase cap
3. Sale is first come first serve.
4. Round will run for 30 mins, or until tokens are sold out, whichever comes first.

Do note that we will only move onto the next round if there are tokens remaining from the previous round.

Explanation of Different Scenarios

Scenario 1: Wallet is allocated

• You have to deposit during Pre-Order to secure your allocation.
• If you do not purchase it by the start of the Token Sale, you will lose your guaranteed allocation. Any unpurchased allocation will be available for sale during the start of Token Sale.
• If there are tokens remaining, you can purchase more tokens when Token Sale starts.

Scenario 2: Raffle — Missed

• Your wallet is not allocated during the raffle.
• You can only purchase during Token Sale (Public), if there are tokens remaining.
• If there are tokens remaining, you can also participate in Token Sale (Last Call).

Scenario 3: Not registered

• You did not register to participate in the IDO/INO of this project.
• You can only purchase during Token Sale (Last Call), if there are tokens remaining.

Reminder about Allocation on KrystalGO

To recap, please be reminded that allocation is determined slightly differently for IDOs and INOs.

For IDO

• If you are in tiers Topaz or Obsidian, a raffle will be conducted at the end of the Registration period. You will know if your wallet has been selected during the announcement.
• If you are in tiers Emerald or Sapphire, your allocation is guaranteed, and you will find out your token allocation during the announcement.

For INO

• Allocation will be conducted using a top-down approach (see example here)
• If the number of registered users in a single tier exceeds the number of allocation available, a raffle will be conducted.
• Users in higher tiers will get priority: Sapphire > Emerald > Obsidian > Topaz.

You can refer to our dedicated Support page and Frequently Asked Questions for more information.

Navigate the DeFi Space now with Krystal!

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