RAZE Token Offering on ZENDIT: Participation & Pool Details
$RAZE Pool Opens on Friday, April 9th, 1:00 PM UTC
Following our partnership announcement with RAZE, we are happy to be welcoming their token launch on ZENDIT! Please continue reading for the details for the RAZE token offering and instructions to whitelist for participation! We want to thank both the MANTRA DAO and Raze community for their support and look forward to launching together!
Whitelist Closes on April 7th, 1:00 PM UTC
Whitelist Winners Announced April 8th, 1:00 PM UTC
Pool Opens on Friday, April 9th, 1:00 PM UTC
Snapshot Taken previously on April 1st, 2:00 AM UTC
Sherpas who meet these participation requirements will be eligible to enter the highest participation tier they qualify for on a per-wallet basis. One wallet can only participate in one tier and cannot participate in multiple tiers.
Our participation tiers for ZENDIT from highest to lowest are:
Tier 1 EVEREST — Supplying 50,000 OM on ZENTEREST (zenOM)
Max Allocation Amount: $1500 (previously $500)
Tier 2 ACONCAGUA — Staking 40,000 OM on our old V2 pool or our new V2 pool (sOM), or supplying 40,000 OM on ZENTEREST (zenOM)
Max Allocation Amount: $1250 (previously $400)
Tier 3 DENALI — Holding 30,000 OM in your wallet, staking 30,000 OM (sOM) in on our old V2 pool or our new V2 pool (sOM), or supplying 30,000 OM (zenOM)
Max Allocation Amount: $1000 (previously $300)
Tier 4 KILIMANJARO — Holding a “100M OM Staked” NFT
Max Allocation Amount: $750 (previously $200)
Tier 5 ELBRUS — Holding a MANTRA DAO PolkaPet
Max Allocation Amount: $500 (previously $100)
Round Tier and Terms:
- Private Round Tokens
- Token Releasing Date: 3 PM UTC on 16th April
- Vesting Schedule: 12.5% on TGE, monthly vesting for 9 months, starting one month after the listing
Raze ZENDIT Pool Details
- Token Ticker: $RAZE
- Total Raise Amount: $50,000
- Total Available Tokens: 500,000 RAZE
- Number of Pools: 1
- Asset Pool Pairs: USDC/RAZE
- Pool Type: Private Sherpa Pool
- Total Pool Raise : $50,000
- USD Token exchange offering Price: $0.1
Instructions for Whitelisting
- Join the Raze Telegram community: https://t.me/Raze_Net
- Follow MANTRA DAO and Raze on Twitter:
https://twitter.com/R4ZE_Network & https://twitter.com/MANTRADAO
- Like the announcement tweet of the RAZE token launch on ZENDIT on the Raze Twitter page and retweet!
4. Final step, complete this entry form before 1 PM UTC on the 7th of April 2021.
After the whitelist closes at 1 PM UTC on April 7th, we will be randomly picking a limited number of Sherpas for each tier who will have access to the pools and will be announcing the winners’ ERC-20 wallet addresses via our Twitter and Official News and Announcements at 12 PM UTC on April 8th.
Please note that even if you are randomly selected to access the pool this does NOT guarantee you have an allocation and you will need to act fast in order to take part in the pool!
About MANTRA DAO
MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the crowd’s wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.
About Raze Network
Raze Network is a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. It will then be imported as a substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.