IDO Rules
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.- 1.VRH IDO sale will be launched on the ETH mainnet. First come first served.
- 2.VRH IDO sales only accepts Tether USDT, mainnet token contract address(0xdAC17F958D2ee523a2206206994597C13D831ec7).
- 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.Each round of token sale will last 16hrs, for a total time is 48hrs.
- 5.No minimum amount. No maximum amount. Can participate in multi-rounds of sales.
- 6.Do not transfer USDT directly into VRH IDO smart contract. Call
purchase
function instead if you using a script. - 7.Tether USDT must approve the VRH IDO smart contract first
- 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.veVRH is not ERC-20 compliant and therefore not transferrable.
- 10.VRH token sale is non-refundable.
- 11.The VRH protocol will burn all unsold tokens.
Last modified 1yr ago