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IDO Rules

VRH IDO & IVEO

The VRH protocol provides an innovative IDO mode that is called IDO & IVEO mode. The VRH protocol releases 20% of tokens immediately and 80% of tokens will be create_lock as veVRH. This IDO mode will provide a better economic model for token circulation. However, the initial veVRH obtained from IDO tokens can participate Guild mining and enjoy the highest APY of the VRH protocol.

Rules and Disclaimer

  1. 1.
    VRH IDO sale will be launched on the ETH mainnet. First come first served.
  2. 2.
    VRH IDO sales only accepts Tether USDT, mainnet token contract address(0xdAC17F958D2ee523a2206206994597C13D831ec7).
  3. 3.
    Anyone can join three rounds of VRH IDO,
    • 1st round is 0.1 USDT/VRH 25M
    • 2nd round is 0.15 USDT/VRH 25M
    • 3rd round is 0.2 USDT/VRH 22.72M
  4. 4.
    Each round of token sale will last 16hrs, for a total time is 48hrs.
  5. 5.
    No minimum amount. No maximum amount. Can participate in multi-rounds of sales.
  6. 6.
    Do not transfer USDT directly into VRH IDO smart contract. Call purchase function instead if you using a script.
  7. 7.
    Tether USDT must approve the VRH IDO smart contract first
  8. 8.
    20% of your purchased VRH tokens will be transferred to your address immediately, and 80% of your purchased tokens will be locked as veVRH for 1, 2, 3, and 4 years, the buyer can choose. veVRH can create or join guild mining.
  9. 9.
    veVRH is not ERC-20 compliant and therefore not transferrable.
  10. 10.
    VRH token sale is non-refundable.
  11. 11.
    The VRH protocol will burn all unsold tokens.