April Poolz 🗓 — IDO Update

Nick Odio
Poolz
Published in
3 min readApr 2, 2021
Photo by Jiaying on Unsplash

Time for a brief update on the upcoming IDO’s, the current staking pools, and when the new and improved tier model will go into effect (Hint — NOW*)

The first IDO that will be conducted with the new and improved IDO tier structure will be Gains Associates on April 6th.

Thinking About Increasing Your Allocation?

You can now start accumulating more Poolz and adding it to the staking pool titled “Poolz April IDOs”. Whatever you add to “Poolz April IDOs” staking pool will be combined with your holdings that are staked in the “Next 5 IDOs” pool. Those combined holdings will be applied to the new and improved tier structure for all of the IDOs that take place after Deeper Network; starting with Gains Associates on April 6th.

If you want to be considered for an upcoming IDO head over to the staking link below and stake your POOLZ tokens as soon as possible. The staking pool will close on 10-April-2021. If you don’t stake your POOLZ tokens prior to a snapshot of an upcoming IDO, then your wallet won’t be included in the Poolz Community or Top 100 tier for that IDO.

Staking pools can be found at: https://staking.poolz.finance

The Deeper Exception

Since Deeper’s IDO process began prior to the new tier structure being formalized, Deeper will still adhere to the previous tier structure which included the Amber, Sapphire, Emerald, Ruby, Diamond, and Blue Diamond tiers.

If you staked your POOLZ tokens prior to the Deeper snapshot on March 23rd you will still be eligible to qualify for a lottery allocation or in the case of the Diamond and Blue Diamond holders a guaranteed allocation.

A Reminder About Our New & Improved Tier Structure

If you have not learned about our new tier structure please read the Medium article by clicking here.

Leaderboards — Top 100 (Guaranteed Tier)

Check the leaderboard to see if you qualify for a guaranteed allocation by being one of our Top 100 POOLZ holders!

Photo by Sigmund on Unsplash

Staking Pool and Deadline

The current staking pool for the upcoming IDOs is titled “Poolz April IDOs”. The staking period for all upcoming IDOs is in effect until April 17th. The deadline to stake your tokens is April 10th. The staking pool will close on April 10th. You must stake your $POOLZ prior to the snapshot to be considered for an IDO allocation. So make sure to stake as soon as possible!

Phase 2 — Staking Not Required — Snapshot Based IDO System

Currently, we are in Phase 1 of our New IDO tier Model. Starting in Phase 1, participants who hold as little as 1 POOLZ have a chance to participate in the IDOs on our platform. However, everyone is still required to stake their POOLZ in order to participate in IDOs.

We understand that this is not an ideal situation for those who hold smaller amounts of POOLZ. Therefore, we are working diligently to remove staking as a requirement to participate in IDOs on our platform as soon as possible. We will convert to a Snapshot Based model. This change will be implemented in Phase 2 of our New and Improved IDO Tier Model and we will let the community know as soon as we have done so. Until Phase 2 is implemented please remember that staking is still a requirement to participate in IDOs.

Staking pools can be found at: https://staking.poolz.finance

Let’s have an epic April!

Truly yours,
The Poolz Team.

Follow the latest updates on Poolz and Poolz IDOs here:

Telegram: https://t.me/PoolzOfficialCommunity

Telegram Announcements: https://t.me/Poolz_Announcements

Twitter: https://twitter.com/Poolz__

Website: https://www.poolz.finance/

Github: https://github.com/The-Poolz

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Nick Odio
Poolz
Writer for

Seeks Truth. Hacks Biology. Shreds Powder. Watches Markets. Reads Books.