Recently, we shared with you amazing and long-awaited news — Ares Protocol is going to hold an IDO on the decentralized cross-chain IDO platform Poolz. This news aroused great interest and responses from our Aresians. And that’s not even the only platform performing our IDO 😉
The winners of Round One and Round Three of the Whitelist Lottery will be allowed to participate in our IDO on Poolz. Round One was for all Aresians, but our early members had a 50% higher probability to win a whitelist spot. In Round Three all the members had an equal chance to acquire a spot in the Whitelist.
We remind you that there will be a Community Pool (for Round One winners) and Regular Pool (for Round Three winners). The Community Pool doesn’t require holding any $POOLZ tokens, while the Regular Pool has the standard $POOLZ token staking requirements according to the Poolz tier structure.
We believe in every Aresian and have a strong desire to introduce you to the platform that is renowned for realizing a great deal of cool and successful projects. So, we prepared for you some information about participating in the Poolz IDO and hope to answer most of your questions.
📅 Date and time:
📌 April, 26 1:00 PM UTC
📋 Important Sale Details:
📌 Price: $0.03 per $ARES.
▶️ Community Pool (no $POOLZ holding requirements)
📌 Total Allocation: $20,000.
📌 Max Allocation per person: ~$77(0.033 Eth).
📌 Whitelist Winners: 260.
📌 Total Seats if all participants purchase Max Allocation: 260.
▶️ Regular Pool (for $POOLZ holders)
📌 Total Allocation: $100,000.
📌 Total Seats and Ticket Size: will be available 24 hours before the IDO.
❔ How to participate on Poolz?
1. Go to the Poolz page.
2. Connect your MetaMask wallet.
3. Once the pool is open click on “Join”.
4. Enter the allocation amount in ETH.
⚠️ Make sure that you have sufficient funds for the purchase and gas fee.
5. Click the swap button.
6. Confirm the transaction on MetaMask.
📋 Instructions for the claim time
1. Refresh the page.
2. Click to “My Pools”.
3. Click “My Investments”.
4. Click “Claim” next to the relevant token.
5. Confirm the transaction on MetaMask.
6. Add a custom token to MetaMask.
You can find more details about Poolz IDO participation and tier structure here: https://link.medium.com/pMIFmmLkDfb
Further details concerning the IDO on Poolz and other exciting news will be shared very soon 🔜
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, 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 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.
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.
🌐 Our Social Media:
Telegram Group: https://t.me/Aresprotocols
Telegram Channel: https://t.me/aresprotocol_announcement