Ares Protocol Opens Whitelist for Poolz IDO

Ares Protocol
2 min readApr 19, 2021

Hey Aresians,

recently, Poolz selected Ares Protocol, the first decentralized cross-chain oracle on Polkadot, to conduct the $ARES IDO on its platform, considering its great demand and potential πŸ”₯

As we step closer toward the IDO, we today announce that we are opening the whitelisting process for the Poolz IDO. Users who are interested in getting an IDO allocation must fulfill the IDO whitelisting requirements to be eligible for the lottery ticket selection process.

πŸ“… Date and time:

πŸ“Œ April, 19–24 (till 2 PM UTC): Ares Protocol Poolz IDO Whitelist.

πŸ“‹ How Will the Poolz IDO Whitelisting Work?

You will have to fulfill the criteria outlined below to be eligible for whitelisting for the Ares Protocol IDO on Poolz:

πŸ“Œ Stake your POOLZ tokens on the staking page

πŸ“Œ Participate in the tasks described below:

β˜‘οΈ Terms of participation:

To be fully eligible for Ares Protocol IDO whitelist, please make sure you:

1. Follow Ares Protocol on Twitter

2. Follow Poolz on Twitter

3. Like & retweet this tweet: https://bit.ly/3mQ6EJa

4. Join t.me/Aresprotocols Telegram group

5. Fill the whitelist form here: https://forms.gle/XLoUHDq8B8kRYrmj8.

🚫 We remind you that Poolz has a list of restricted countries whose citizens cannot participate in such events: USA and U.S. Territories, Syria, Iran, Cuba, North Korea, Iraq, Libya, South Sudan, and North Sudan.

πŸ“‹ Poolz IDO Details

πŸ“Œ Date and time: 26.04 2pm UTC

πŸ“Œ Price Per Token: $0.03 per $ARES

πŸ“Œ Total Allocation: $100,000

πŸ“Œ Total Seats and ticket size: will be available 24 hours before the IDO

You can read details about Poolz IDO tier structure here: https://bit.ly/3neCL5x

We cannot be more excited about seeing you participate in the Ares Protocol IDO on Poolz. So, complete the whitelisting requirements carefully and maximize your chance to win an allocation spot 😎

ℹ️ About Ares Protocol

Ares Protocol is the first decentralized cross-chain oracle on Polkadot that implements data verification on-chain. It’s competitive advantage over other oracles is that it has a higher degree of decentralization because of node randomness and very low latency and high scalability because of it’s on-chain verification of real world data. Furthermore, it is the first oracle that provides compensation through its treasury to data consumers who faced losses due to malicious or incorrect data. This mechanism serves as insurance and an additional layer of security in the rare case that other security mechanisms of Ares Protocol fail, making it even more secure.

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ℹ️ About Poolz

Poolz is a swapping protocol which helps startups and protect owners to find early investors by enabling them to auction their coins for bootstrapping liquidity.

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Ares Protocol

The first chain-verified decentralised cross-chain oracle service protocol