Guide: How To Participate In the IDOs On TronPad
TronPad takes the extensive and proven track record of BSCPad’s IDO solutions and makes it available on the TRON blockchain — allowing promising TRON ecosystem projects to easily secure funding and bootstrap their community.
As the only IDO platform built on and partnered with TRON, TronPad has developed into a pillar of support for the TRON ecosystem. The launchpad empowers both the community and projects with a way to help fuel the development of TRON’s DApp ecosystem and share in the success this brings.
As part of our focus on inclusivity, we’re launching this short guide to help you get to grips with the platform to begin participating in the future of TRON.
How to obtain your tier and participate in an IDO
With a public lottery, a separate lottery tier, and guaranteed tiers, TronPad caters to everyone. 5% of each project’s allocation goes to the public, where anybody can participate without being a token holder. 10% goes to the lottery tier known as Earth, while the remaining 80% is split between the guaranteed tiers based on a pool weighting system.
A breakdown of this is shown below.
Following the lottery and the guaranteed tier allocations, which become available when the IDO opens, there is also a first-come-first-serve round, where any unsold tokens from the earlier rounds are made available to guaranteed allocation tiers on a first-come-first-served basis.
For more details on tier allocations, please visit the official TronPad webpage.
Now that you’re up-to-date on the tier system, it’s time to take a look at the eligibility criteria. This process can be summed up in three simple steps:
- Decide on a tier and buy your $TRONPAD tokens. To do this, visit the TronPad website and use the official link for JustSwap. Please note: to qualify for the lottery tier, a minimum of 15,000 $TRONPAD tokens is required, whereas a minimum of 50,000 $TRONPAD tokens is required for the guaranteed tier.
- Stake your $TRONPAD tokens at least 3 hours before the IDO. To do this, visit the TronPad staking platform.
- Pass the one-time KYC process. KYC verified users see a green KYC button on the TronPad website and will have received an approval email from our KYC partner KYCAID. Please note: tiers must KYC at least 24 hours before the IDO and stake a minimum of 15,000 or 50,000 $TRONPAD tokens for the lottery and the guaranteed tier, respectively.
Quick recap: To participate in TronPad IDOs, follow the three simple steps outlined above: Get your TRONPAD, stake it, and complete KYC. That’s it — you can now take part in our stacked line-up of upcoming IDOs!