Flash Protocol x LeverPro: Stake Now To Join FLASH IDO Whitelist!

LeverFi
LeverFi
Published in
2 min readMar 25, 2024

We are excited to bring Flash Protocol’s upcoming Public Sale to the LeverPro Launchpad, accessible via whitelist to the LeverFi community!

Flash Protocol is a new Taproot-powered & decentralized protocol to mint, trade and earn Bitcoin native assets / NFT at high transaction speed and low transaction cost.

Flash Protocol offers four key use cases: (i) Initial assets and NFT issuance, a 100% permissionless and cost effective process; (ii) BTC Angel Hub, a Gitcoin-like platform to support Taproot ecosystem projects; (iii) A Bitcoin Native Asset Marketplace designed specifically for enhancing asset liquidity; and (iv) BTCFi on Flash Chain.

Flash Chain provides the infrastructure for advanced BTCFi functionalities such as staking, swaps and lending for Bitcoin native assets. To enable the use cases such as BTCFi, a FlashVM will be realized on Flash Chain.

(A) FLASH IDO Summary

  • LeverPro Whitelist Page: https://gov.leverfi.io/leverpro?tab=info
  • Whitelist Collection Period: 25 March to 28 March 2024
  • Token Ticker: FLASH
  • Blockchain: FlashChain
  • Allocation Size: 100,000 FLASH (fixed)
  • Flash Token Price: 0.002 USD
  • Funding Currency: BTC
  • Vesting Schedule: 25% unlock at TGE, 25% every 3 months thereafter.

(B) Participation Timeline

What You Need

Staking Snapshot: 26th March 2024 16:00 UTC

  • Staking snapshot of LEVER staked to be taken.
  • Users with LEVER staked are eligible to participate in the FLASH sale whitelist.
  • Note that eligibility does not mean a successful allocation. As demand typically exceeds supply, not all users may receive an allocation to join the whitelist.

Eligibility Check: 26th March 2024 18:00 UTC

  • Users to check their eligibility status (Eligible / Ineligible).
  • If Eligible, user is required to provide (i) email address and (ii) FlashChain Wallet address to confirm their desire to participate in the FLASH sale whitelist.

Eligibility Close: 27th March 2024 16:00 UTC

  • User participation window closed.

Whitelist Confirmation: 28th March 2024 04:00 UTC

  • Users can check if they receive an allocation (Successful / Unsuccessful).
  • Successful users are whitelisted.

Join Public Sale on BTC Angel Hub: 29th March 2024 02:00 UTC

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