Bondly Finance Pre-Sale Holder Requirements and Snapshot

Dear Foundry Community,

At long last, we are excited to announce the holding requirements for accessing the Bondly pre-sale!

First, please be advised that the snapshot of your UniFyre Wallets will be taken at 9pm EST on Sunday September 27th, 2020.

Holding a minimum amount of FRM in UniFyre Wallet (or holding DDIM) is a pre-requisite to getting access to the sale, but it is not the only condition. Participants must also timely fill out a Pledge Form, and timely contribute USDT/USDC to the sale, among other requirements that may be imposed.

In short, the basic process is as follows:

1. Hold sufficient FRM in your UniFyre Wallet as of the time of the snapshot.
2. Fill out the Pledge Form within 24 hours of receiving it.
3. Based on the number of holders, their pledges, and our allocation amount, we will determine and communicate the allocation amounts for each tier.
4. Participants then must fill out a contribution form and send their USDT/USDC to the designated wallet.
5. We will then distribute your tokens in accordance with the token release schedule set forth in the Bondly Lite Paper.

In this article, we describe part one of this multi-part process. More information will be released as the process moves forward, and please do not hesitate to contact a Foundry admin.

Holding Requirement

There are two ways to get access to Foundry project pre-sales: hold FRM or hold DDIM. The Duck DAO (DDIM) holder method is described fully on their website. This article is about the FRM method.

As a prerequisite to getting an invite to participate in the Bondly pre sale, you must hold a minimum amount of FRM in your UniFyre Wallet at the time of the snapshot.

There are four tiers:

• Tier I — Lottery: 50,000–100,000 FRM: This is the lottery level. We will randomly select 5 people from this category and invite them to participate in the pre sale. Lottery winners must timely fill out the Pledge Form and perform all other requirements. Lottery tier participants will be offered half of the allocation which is offered to Tier II (Base Level).
• Tier II — Base: 100,000–250,000 FRM: This is the Base Level. All Tier II participants will have access as long as they timely fill out the Pledge Form and complete the other requirements. All participants in Tier II will be offered the same maximum allocation, but individuals can choose a lower amount.
• Tier III — Base Plus: 250,000–750,000 FRM: This is a can be considered Base Level Plus. All Tier III participants will have access as long as they timely fill out the Pledge Form and complete the other requirements. All participants in Tier III will be offered the same maximum allocation, which will be based on the base amount, plus an additional 25%. Individuals can still request a lower amount.
• Tier IV — Base Max: 750,000+ FRM: This level can be considered Base Max. All Tier IV participants will have access as long as they timely fill out the Pledge Form. All participants in Tier IV will be offered the same maximum allocation (based on the base amount), plus an additional 50%. Individuals can still request a lower amount.

The Pledge Requirement

All qualifying FRM holders will then be sent an email with a Pledge Form. Among other things, this form will register your interest in the pre sale. You will need to fill and return the Pledge Form within 24 hours of receiving it.

The Pledge Form is critical because it will help us determine the allocation amount we can give to each tier.

Determining the Allocation Amount

Once we have your pledges, we will look at the total number of anticipated participants, compare it against our total allocation, and then determine the maximum allocation we can give to each tier.

While we would love to be able to tell you all in advance the allocation amounts for each tier, it is simply not possible until we register your level of interest in the Bondly pre-sale. Thank you for your understanding.

Contribution Form and Contribution

After we determine the allocation sizes, we will contact you again with a contribution form. This how you will actually contribute to the sale. You will need to fill out the form, and decide which tier of the sale you want to participate in, and contribute and send back the form within a timely manner.

Receiving Your Tokens

Finally, you will be sent your tokens in accordance with the token release schedule set forth in Bondly’s Lite Paper (which we will circulate soon), and based on which round you invested in.

Next Steps: Snapshot and Bondly AMA

Please be ready for the snapshot which will be taken at 9PM EST on Sunday. Also please attend the Bondly AMA in the Foundry AMA channel at 9am EST on Monday! From there the Bondly Lite Paper will be released. And we will e-mail the FRM holders with the Pledge Form.

Thank You

Thank you for your support of Bondly, The Foundry, Ferrum Network and DuckDAO. Together lets make Bondly a huge success!

-The Foundry Team

Disclaimer

Participation in a token offering carries high risks. It is highly speculative and before participating in any project about which information is given, prospective participants are strongly advised to seek appropriate professional advice. BOND tokens do not have any rights, uses, purpose, attributes, functionalities or features, express or implied, including, without limitation, any uses, purpose, attributes, functionalities or features on the BOND platform. Company does not guarantee and is not representing in any way that the BOND tokens have any rights, uses, purpose, attributes, functionalities or features. Participants agree to hold harmless The Foundry and all related entities and persons from any alleged liability concerning the token offering.