Smartpool IDO Whitelist Result

SmartPool
3 min readMar 6, 2021

We are super excited and overwhelmed by the amount of support we have received from our community. We received 30,250 submission during the whitelist period, of which 300 lucky winners were selected

We have designed a brand new portal where you can check the result of the whitelist in few steps

  1. Visit https://status.smartpool.finance
  2. Enter your registered BSC Address

The status of your whitelist application will be displayed, a daily average of your BNB, BAKE, CAKE and BUSD holdings would be calculated and updated daily during the Snapshot period (March 7th 0:00 UTC — March 9th 11:59 UTC)

Full list of white list winners: Whitelist Winners

IDO Participation Information

Token name: SMARTPOOL (SPOOL)

Total to be raised: 500,000 USD

Max Supply: 8,000,000

Token Price: 1 SPOOL = 0.625 USD

Hard Cap Per User: 20,000 USD

Total Tokens Allocated to IDO: 800,000 (10% of Total Supply)

Supported Sessions: BNB, CAKE, BAKE, BUSD only.

The IDO will take place on March 10th

How do I participate?
Your 3-day average balance will be your maximum participation limit. During the snapshot period, a daily average of your BNB, CAKE. BAKE or BUSD from your wallet towards will be recorded

Is there a limit to how much I can hold on my wallet?

For example, if you have an average of 2,000 BUSD over the 3 day calculation period, you may commit 2,000 BUSD during the subscription period.

How is my final allocation calculated?

Once the snapshot period is over, each user’s token allocation will be roughly calculated as follows: (Individual 3-day average balance / Total 3-day average balance by all participants) * Total SPOOL tokens to be sold.

Subscription Timeline:

  • Snapshot Period 2021–03–07 0:00 AM (UTC) to 2021–03–09 0:00 AM (UTC): During this period, user BNB/CAKE/BUSD/BAKE will be calculated in hourly snapshots for each day over a 3-day period. Your final average daily balance over these 3days will determine the maximum amount that you can commit later on, this amount will be updated daily on the Status Page
  • Subscription Period 2021–03–10 4:00 AM (UTC) to 2021–03–10 14:00 PM (UTC): Subscription will open at this time for all eligible users for a 8 hour period. Users must also sign the Token Purchase Agreement at the same time, and transfer the amount committed towards the IDO to the smart contract (More information will be published prior to IDO date). Please note that once committed, the amount will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution.
  • Calculation Period 2021–03–10 14:00 PM(UTC) to 2021–03–10 17:00 PM (UTC): Subscription closes and token allocation calculation begins.
  • Final Token Distribution 2021–03–10 19:00 PM(UTC): Your final token allocation will be sent to your corresponding BSC wallet, tokens will be listed immediately the token distribution is complete.

* 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.

Follow Us:

Website: https://smartpool.finance/
Telegram: https://t.me/smartpoolofficial
Twitter: https://twitter.com/smart_pool0x

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