How to participate in LUKSO’s reversible ICO using MetaMask
Using Ethereum and other blockchains isn’t always as easy and straight forward as we would like it to be.
This tutorial will take you by the hand so you can safely participate in the rICO without any headaches 🙌
MetaMask is a wallet that lets you interact with the Ethereum Blockchain and applications running on Ethereum. It stores your private keys locally and is available as a browser extension and mobile wallet. You can download it for Chrome, IOS, or Android here
Brave browser has MetaMask technology implemented into its wallet, you can also use it to participate. You can download Brave here
How to send your Ether to the rICO contract
If you’re unfamiliar with owning cryptocurrencies you can refer to our article on how and where to buy ETH here.
- Go to rico.lukso.network and go through the terms of the rICO
- After you submit, the website is going to ask you if you want to connect to your Wallet, click “Yes, Enable Account”
- MetaMask is going to ask if you want to connect to “Reversible ICO of LUKSO”, click “Connect”
4. Back on rico.lukso.network, under “Send your ETH” you can type in the amount you want to contribute (minimum contribution is 0.001 ETH).
5. Click “Send ETH!”
6. MetaMask is going to show the transaction, recheck the amount and click “Confirm”
7. After you send your ETH, you have to complete the KYC process to get your corresponding LYXe. You will have 2 weeks to complete the KYC, during which time your ETH will be “pending”.
How to add the LYXe Token to MetaMask
In order to make your LYXe visible and access them with your wallet, you have to manually add them (if they do not show up automatically). Your LYXe will only show up after your KYC has been accepted.
- On the left upper corner, you can find the Menu, open it and click on
“Add Token” - Go to “Custom Token” and paste in the LYXe Token Contract address into “Token Contract Address”
👉0xA8b919680258d369114910511cc87595aec0be6D
2.1 If the Name, Symbol, and Decimals won’t fill in automatically here is what you need to insert
Name: LYXe
Symbol: LYXe
Decimals: 18
How to get your “pending” ETH back
After you contributed your ETH to the rICO they will be pending until your KYC is approved. You have two weeks to complete the KYC, after that time your ETH will be sent back to you.
If you decide against completing the KYC process, and you want to get your ETH back faster you can do the following:
- Create a new ETH transaction.
- Insert the address of the rICO contract as the “Recipient Address”
👉rico.eth - Send 👉 0.00001 ETH or less
- Below “Transaction Fee” click on “Advanced options”
5. Change the “Gas Limit” to 👉 200000
6. Recheck all the information and confirm the Transaction
How to return “returnable LYXe”
If you want to return your reserved LYXe, you can just send your returnable LYXe to the rICO contract. You can check the balance of your reserved LYXe on the “Check balance” field on the rICO website.
- To exchange your returnable LYXe for the corresponding ETH just Type in the amount of LYXe you want to return
- Fill in the rICO contract address 👉rico.eth
- Go to “Advanced Options” and change the Gas Limit to 👉180000
- Recheck the information and confirm
Do you have questions or need help?
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