Public Sale Community Token Distribution

LKK153
Sifchain Finance
Published in
4 min readFeb 17, 2021

Earn free Rowan from start to end of the public sale!

Eligibility Requirements

You should be a RUNE (Thorchain) holder, an ATOM (Cosmos Hub) holder, or an approved Sifchain KYC applicant. If you are a RUNE or ATOM holder, those funds must be held in a non-custodial wallet. For RUNE and/or ATOM, you must hold a minimum of 50 and 10 tokens respectively.

Instructions

  • Start by tweeting any image of Sif with your Sifchain address, @Sifchain, #Sif, and $ROWAN. You can choose one of these or create an original image/meme! (Note: You cannot create a Sifchain address until Sifchain’s BetaNet DEX goes live alongside the token sale on Feb 19 at 5am GMT)
  • If you are a holder of RUNE or ATOM, please execute an on-chain transaction on Thorchain/BNB network or Cosmos Hub with a link to the Twitter handle that you used to send the tweet.
  • If you are a Sifchain KYC applicant, we will open this Google Form for you to fill out (NOTE: This form will not accept responses until the sale begins).

A step-by-step tutorial is provided at the end of this article!

  • Official Token Sale Start Date: Friday, February 19, 5:00 am GMT
  • Official Token Sale End Date: Friday, February 26, 6:00 am GMT
  • Official Token Sale Participation Page*: https://purchase.sifchain.finance/

*This is the only official page for registered participants to purchase eRowan tokens.

Benefits

Quite simply, you’ll receive Rowan tokens! We will distribute the following percentages from the total supply of Rowan:

  • 1% to ATOM Holders
  • 1% to RUNE Holders
  • 2% to Sifchain KYC Applicants

ATOM Holders

  • 0.5% of tokens will be split evenly among all addresses that participate, up to 1,000 Atom addresses.
  • 0.5% of tokens will be added evenly among the top 20% of delegating addresses on Cosmos Hub up to 1,000 addresses.

RUNE Holders

  • 0.5% of tokens will be split evenly among all addresses that participate, up to 1,000 Rune addresses.
  • 0.5% of tokens will be added evenly among the top 20% of pooling addresses on BEPSwap up to 1,000 addresses.

Sifchain KYC

  • 2% of tokens will be split evenly among all addresses that participate.

FAQ

How do I get a Sifchain Address?

Once Sifchain BetaNet has launched, you will be able to create a Sifchain address through the Keplr Wallet. For instructions, please see this guide. The BetaNet Decentralized Exchange (DEX) goes live alongside the token sale on 19 February 2021 at 5 AM GMT.

What if I am an ATOM holder, a RUNE holder, and a Sifchain KYC applicant? Will I get multiple token distributions for all 3 eligibilities?

Yes!

Are there any stipulations about the Rowan that I will get?

The Rowan will be distributed monthly over four months with the first distribution coming one week after the Sifchain public token sale ends.

What is the estimated amount of Rowan I will receive?

For ATOM holders:

  • 0.5% split evenly among up to 1,000: 5,000 or more Rowan
  • 0.5% split evenly among up to 1,000: 5,000 or more Rowan

For RUNE holders:

  • 0.5% split evenly among up to 1,000: 5,000 or more Rowan
  • 0.5% split evenly among up to 1,000: 5,000 or more Rowan

For Sifchain KYC applicants:

  • 2% split evenly among approved KYC applicants

Step-By-Step Tutorial

  • Generate a Sifchain address. You can do this by going to our Sifchain BetaNet DEX and creating a new address. Please see instructions here on how to do so.
  • Post a tweet showing your support for Sifchain. You will need to:
  1. Include your favorite image of Sif. Please select from one of these or feel free to create an original image/meme!
  2. Include your Sifchain address.
  3. Mention @Sifchain
  4. Include the following tags: #Sif, $ROWAN
  • If you are eligible as a RUNE holder, send 0.005 RUNE. Use your preferred wallet provider, sending this transaction:

To Address: bnb1p0kmzzrq0220agpey43nyp826pgh9rc5y9a4m3

Memo Field: TwitterHandle:sifaddress (e.g. utx0_:sif1hjkgsq0wcmwdh8pr3snhswx5xyy4zpgs833akh)

  • If you are eligible as an ATOM holder, send 0.005 ATOM. Use your preferred wallet provider, sending this transaction:

To Address: cosmos1ejrf4cur2wy6kfurg9f2jppp2h3afe5h6pkh5t

Memo Field: TwitterHandle:sifaddress (e.g. utx0_:sif1hjkgsq0wcmwdh8pr3snhswx5xyy4zpgs833akh)

  • If you are eligible as an approved KYC applicant for the Sifchain public token sale:

Fill out this Google Form (Note: This form will not accept responses until the sale begins) with the following information: 1) Twitter handle 2) Sifchain address 3) unique contribution code given to you as you passed KYC.

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