BSCStation Launchpad and IDO rules in details
The BSC Station Launchpad is the decentralized IDO platform on Binance Smart Chain Network. It will be a playground for investors to invest in new startup cryptocurrency projects either backed by BSC Station or from community.
BSC Station empowers investors, and allows cryptocurrency projects creators the ability to provide token sales for upcoming NFT and non-NFT launches. At BSC Station we’ve been having great discussions with other teams that are building amazing things at breakneck speed. We’re excited for all of the potentials we’re seeing and the opportunity to be a part of it. Obviously it offers many benefits to the BSCS holder!
1. What is BSC Station Launchpad?
BSC Station Launchpad is created as the next step for truly interoperable DeFi and NFT. A Protocol built for Binance Smart Chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Binance Smart Chain. With so many talented teams emerging, there’s an opportunity to really accelerate project growth through enabling teams to raise funds, drive awareness, and launch an Initial DEX Offering (IDO) all in a streamlined process.
Tokens in the round called ‘Initial DEX Offering’ (IDO) will be issued in a fully autonomous and decentralized manner through the use of a smart contract based DEX. With BSC Station Launchpad, NFT or Non NFT projects will be able to raise and exchange capital cheap and fast. Users will be able to participate in a secure and compliant environment and to use assets that go way beyond the current BEP-20 standard. With the success of the project BSC Station, we can fully support the problems related to IDO.
We will snapshot user Staking balance 24h before BSCS round open. Please STAKE your BSCS at
https://stake.bscstation.finance/#/ido-pools
Initially, there will be two types of rounds available for each BSC Station launch project; The BSCS round and the Community round. These two rounds are meant to provide the wider community open access to early stage projects while also rewarding the support of the BSC Station community. BSCS round will be the 1st Round, if there is allocation left, we will go to the 2nd Community Round. The holding amount could be changing according to the project’s requirements.
BSCS Round Eligibility: BSCS token holders and BSCS LP token holders will have guaranteed allocation according to their tier level. The details as belows table.
Option 1: Stake BSCS
Option 2: Stake BSCS-BNB LP token or BSCS-BUSD LP token
https://docs.bscstation.finance/get-started/launchpad/ido-rules
Note:
We will snapshot user Staking balance 24h before BSCS round open. Please STAKE your BSCS in designated Pool at
https://stake.bscstation.finance/#/ido-pools
To have Guaranteed allocation, user need to stake 7 days before the deadline of Staking Eligibility for IDO allocation.
Update: Now only BSCS token are eligible for IDO Guaranteed allocation.
BSCS Holders will get more benefits other than IDO allocation according to their titles, such as exclusive NFT drops, BSCS airdrops, etc. more details can check here!
Example for allocation calculation:
If we sell 1 million tokens in the IDO, and there are 200 Bronze Members, 50 Silver Members, 20 Gold Members, 10 Platinum Members and 5 Diamond Members.
Bronze have a weight of 15, Silvers have a weight of 35, Golds have a weight of 60, Platinums have a weight of 190, Diamonds have a weight of 390. The combined weight of all the qualifying buyers in this example is (340*15) + (50*35) + (20*60) + (10*190) + (5*390) = 11,900; The amount of tokens allocated to each weight is 1,000,000 / 11,900= 84.
Each user in Bronze will get : 84*15=1260
Each user in Silver will get: 84*35 = 2940
Each user in Gold will get: 84*60=5040
Each user in Platinum will get: 84*190=15,960;
Each user in Diamond will get: 84*390 = 32,760.
2. Community Round Eligibility:
All users are eligible to participate. In this round, the UNSOLD tokens from the first round are made available. This round is open until all tokens are sold, typically lasting for only a few minutes. After all the tokens are sold, the IDO is concluded. The Community round follows first come, first serve rules. Also, users need to complete some tasks such as following social media, joining community, etc to be eligible for the allocation.
For each round, there is a minimum and maximum allocation for each user. And the maximum allocation in BSCS round could be higher than that in the community round to thank the supporters of the BSCS ecosystem. BSCS Genesis NFT holders can have a higher chance to access the priority queue according to the rarity of their NFT cards, and more details about BSCS NFT will be announced soon. Please check HERE for details.
About BSCStation Launchpad
BSC Station Launchpad is created as the next step for truly interoperable DeFi and NFT. A Protocol built for Binance Smart Chain token pools, enabling projects to raise capital on a decentralized and interoperable environment based on Binance Smart Chain. With so many talented teams emerging, there’s an opportunity to really accelerate project growth through enabling teams to raise funds, drive awareness, and launch an Initial DEX Offering (IDO) all in a streamlined process. We’ll be working hard alongside our partner projects to drive the acceleration of the entire ecosystem!
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