We appreciate the community support so far, we are happy to annouce the snapshot process has been concluded successfully, and your 3-day average balance should be visible on your dashboard, we are currently in the process of calculating everyone’s SPOOL final allocation and this will be visible in your dashboard by 2021–03–09 11:59 PM (UTC)
3-day average balance: This is the average amount of BAKE/CAKE/BUSD/BAKE you held over the 3 day snapshot period, it is calculated using the formula below:
Final allocation: This is the final contribution amount to be sent to the smart contract during the subscription period (2021–03–10 4:00 AM (UTC) to 2021–03–10 14:00 PM (UTC)) also known as the IDO period, it is calculated using the formula
Scenerio Example: 800,000 SPOOL tokens are offered in the IDO,
if your daily average of BNB, BAKE, CAKE or BUSD is $20,000 and the total daily average of other users is $6,000,000
you will receive a ratio of 20,000/6,000,000 0r 0.3% (2,400 SPOOL) of all SPOOL tokens allocated for the IDO
2400 SPOOL = $1500 (at IDO price of $0.625/SPOOL)
3-day average balance = $20,000
Final allocation = $1500 (this is the amount to be sent to the contract)
TOKEN METRICS
Max Supply: 8,000,000 SPOOL
Total amount to be raised: $500,000
Initial circulating supply: 25%
Tokens Offered for IDO: 800,000 (10%)
IDO Price: $0.625
Listing Price: $5
How to participate in the IDO
Subscription will open at 2021–03–10 4:00 AM (UTC) to 2021–03–10 14:00 PM (UTC) time for all eligible users for 8 hours
- Visit https://status.smartpool.finance
- Enter your registered BSC Address
- Your 3 day average, final allocation and smart contract address will be displayed
- Sign the token purchase agreement
- Connect your wallet, or manually transfer the final allocation amount to the smart contract
- Supported tokens for the IDO are only: BNB, BUSD, CAKE, or BAKE
*Users from the following countries or regions will not be able to participate in the IDO:
Belarus, Democratic Republic of Congo,Cuba, Iraq, Iran, Mainland China, North Korea, Sudan, Syria, United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Zimbabwe.
What next after IDO
Final Token Distribution 2021–03–10 19:00 PM(UTC): Your final token allocation will be sent to your corresponding BSC wallet
Listing Period: Tokens will be listed on Pancake Swap and Bakery Swap at 2021–03–10 20:00 PM(UTC)
Follow Us:
Website: https://smartpool.finance/
Telegram: https://t.me/smartpoolofficial
Twitter: https://twitter.com/smart_pool0x
