All You Need to Know About Izumi’s Public Sale
Izumi will start the public sale process at December 19th. During the public sale process, Izumi will conduct the public offering in different ways on three platforms: Bybit, DODO and SOLV Protocol. This article will explain the various ways to participate in Izumi’s public sale and the important notes, which we hope will help you.
First of all, a total of 20,000,000 IZI tokens will be sold in the public sale, which represents 1% of the total circulation. The price of the public offering is 1 IZI = 0.04 USD, so the expected total funds for the public offering is $800,000.
1. IEO — Bybit Launchpad
Bybit Launchpad will sell 11,250,000 IZI tokens through the IEO, with a maximum purchase limit of 10,000 IZI ($400) per user, and Bybit platform users will need to have BIT tokens in their accounts to qualify for the IEO and purchase IZI on December 20th.
Additionally，The new Spot pair, IZI/USDT, will be live for trades on Bybit at 2021–12–20 12:00（UTC）, if liquidity conditions are met.
For more information, please refer to the Bybit page at https://www.bybit.com/en-US/trade/spot/launchdetail/?id=202112101700&from=list
2. IDO — DODO，Whitelist Campaign
izumi Finance (iZi) will start a Whitelist IDO on DODO ETH on Dec.19, at 08:15 PM UTC+8 (Singapore Time). The proceeds will be used to create a liquidity pool for iZi after the IDO and users will be able to trade iZi with arbitrary ERC-20 tokens on DODO.
Only the users in IDO Whitelist can subscribe to purchase the tokens during the campaign period. 6,250,000 IZI tokens will be distributed through IDO on the DODO ETH platform, with a purchase limit of 12,500 IZI ($500) per investor.
For more information, please refer to the DODO page at https://community.dodoex.io/t/introducing-the-izumi-finance-izi-crowdpooling-on-dodo-eth-on-dec-19/9840
Tutorial of How to Join a Crowdpooling Campaign： https://dodoexhelp.zendesk.com/hc/en-us/articles/900005558283-How-to-join-a-Crowdpooling-Event-
3. IVO-SOLV Protocol
An IVO, or Initial Voucher Offering, is a project’s way of offering previously illiquid project allocations to the public by issuing Vouchers. An IVO allows the public to become early investors of a project. The Voucher is a type of financial NFT that represents the right to claim tokens on Solv platform based on a set of rules, at a later date.
Now, izumi users can participate in izumi’s pre-IDO on Solv platform and get a Voucher for a total of 2,500,000 IZI tokens, and take advantage of unprecedented access to non-liquid project allocations. Additionally, Voucher holders will receive 0.004 USDT, as a 10% discount, per IZI token in their Vouchers when the token release starts.
For users who is in SOLV whitelist(have passed KYC), a totoal of 1,500,000 IZI will be sold on Solv IVO Marketplace with a purchase limit of 12,500IZI ($500) per investor.
For users who have not passed KYC, they must own a Voucher which contains at least 10 $SOLV tokens (snapshot time: 2021–12–19 00:00 UTC) to participate in IZI’s IVO with a purchase limit of 5,000 IZI ($200).
For more information, please refer to https://izumi-finance.medium.com/announcing-izis-ivo-on-solv-platform-67433865db81
About izumi Finance
izumi Finance is the first protocol to support Uniswap V3 “non-homogeneous” liquidity mining and extend concentrated liquidity service for multi-chains. izumi provides “Liquidity as a Service” (LaaS) based on Uniswap V3, with innovatively designed liquidity mining modules of “Concentrated liquidity mining” model for stable assets with a fixed price and “One-sided non-impermanent loss Mining” model for non-stable tokens. These structured models would support any blockchain project to better implement liquidity incentives with much higher capital efficiency and enable liquidity providers to earn extra rewards.