👀How does this work?
How can you take part in an IDO (Initial Dex Offering) on BeanyPad?
Step 1 : Discovery
BeanyPad is home to the most interesting, innovative and high-potential projects in zkSync space. Stay tunned to the Project Pages on BeanyPad's website to check our upcoming project IDOs or INOs.
You can learn all you need to know about the product, the team, the roadmap, understand their business models better and a lot moroe in between making your IDO discovery process super easy.
Make sure to follow our socials to be notified about IDO announcements !
Step 2 : Whitelisting
Once you found a project you like, keep an eye out for their whitelisting announcement ! Getting whitelisted means your address will be eligible to participe in the IDO. Users can apply to participate and a bucket of applications is drawn in a lottery.
There are 2 ways to become whitelisted :
Stake $BEANY on BeanyPad dashboard and get an instant access to whitelist eligibility. Your tokens will be locked for 7 days. The more $BEANY tokens you stake, the more your chances to get whitelisted increase.
Stake $BEANY Liquidity Provider tokens on SyncSwap. Liquidity Provider tokens on SyncSwap convert to $BEANY at a fixed rate. The more liquidity provider tokens you stake, the more your chances to get whitelisted increase. With this solution, the advantages are twofold: you benefit from the APRs linked to your Liquidity Provider activity on SyncSwap + you are eligible for the whitelist.
Step 3 : IDO
Now for the fun part - participate in the IDO! First, make sure to have enough funds in your wallet to cover volatility and network fees. Make sure to be connected to zkSync network during the process.
All IDOs will occur only on the official BeanyPad website, be aware and don't get scammed !
How to participate ?
Select the IDO you've been whiteliste don the Project Page.
Connect your wallet and select zkSync Network.
Click "Join Sale" and enter the amount you want to invest.
Then click "Join" and confirm the transaction in your wallet.
And now you can enjoy your new tokens !
Head over to the Allocation page updates to check your successful participation in the sale.
Make sure to also follow the IDO project on social media to stay up to date with their development and continue supporting them along the way !
And that's it ! Easy !
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