Solster Shield: Our New Tool for Protecting your IDO Investment
The new Solster Shield feature, provided by Solster, provides win-win opportunities to investors and projects alike.
Announcing Solster Shield: Solster’s new protection tool for IDO Investment
Solster’s IDO Launchpad now offers Solster Shield for all IDOs. The Solster team decided to implement this protection feature in order to ensure the best opportunities and platform integrity for both projects and investors.
Now with Solster Shield, your IDO investment is protected by Solster’s IDO Launchpad. Here’s how:
Solster will refund IDO participants their original investment in USDC equivalent to the IDO Sale price for the relevant TGE if the project’s Token Price is below the IDO price on TGE within 24 hours.
Worth Noting: It is only applicable to public IDOs.
Solster Shield Protects your IDO Investment in what ways?
We’ll demonstrate an example of Solster Shield in practice with an example.
Example 1:
Vesting: 25% at TGE, 3 months linear vesting (25% monthly)
Token Price: 1 USDC
During the IDO, if you purchased $100 USDC tokens for $1 USDC, you would be able to claim 100 tokens in total. Initially, 25% at the first TGE, followed by 25% the next 3 consecutive months.
Solster Shield will protect your investment here. If the token price goes below the IDO price means trade below $1 USDC on TGE within 24 hours then Solster will refund the remaining vesting amount.
Solster already distributed 25% of your investment, so we will refund 75% to you.
Example 2:
Vesting: 100% at TGE.
Solster will make sure all users will get an airdrop equal to their investment amount if the token price is 1$ and currently it is 0.5$ on TGE within 24 hours, and you will then receive an airdrop equal to 50% of your investment in order to cover your loss.
How Solster Shield helps Projects & Investors
By leveraging Solster Shield, investors and projects enjoy win-win opportunities.
Investing in the right project can be difficult in this competitive era. Occasionally, good projects fail to find funding due to bad past experiences, so they end up abandoned.
Token sales enable projects to have a successful launch and prove their value to users, the community, and investors without having to worry about funding.
Solster Shield provides a solution for both projects and investors. We carefully select the projects for launch on Solster.
The company uses vested IDOs to launch its products and protect Solster’s investors from the fear, doubt, and uncertainty related to vested IDOs.
You can find all the necessary details about Solster IDO here.
Hopefully, this article has cleared all of the confusion regarding the safety policy on Solster.
Checkout upcoming IDO on Solster Launchpad 👇
https://app.solster.finance/ido-launchpad
Have a Happy & Safe Investment!
