$LEGION IDO Contribution Guide — 23 Apr 2024 (Updated)

SuperLauncher DAO
2 min readFeb 21, 2024

Dear Birdies,

We’ve crafted this guide to ensure you’re fully equipped for the resumption of the $LEGION IDO.

How to get USDT on zkSync?

Swap: https://pancakeswap.finance/swap?chain=zkSync&outputCurrency=0x493257fD37EDB34451f62EDf8D2a0C418852bA4C

Bridge: https://zksync.io/explore#bridges

IDO Start Date and Time: 23 April 2024, 2PM UTC
IDO End Date and Time: 25 April 2024, 2PM UTC

Raise Amount: 50,000 USDT
Raise Network: zkSync
$LEGION IDO Price: 0.012 USDT
Fully Diluted Valuation (FDV): 12,000,000 USDT
Vesting: 20% TGE followed by 4 months linear unlock

Allocation

Minimum nonStaker Allocation: 50 USDT
Maximum nonStaker Allocation: 250 USDT
Staker Allocation: 50 to 250 USDT + Extra Allocation

Stakers’ Extra Allocation Rate: 1 USDT per 50 svLAUNCH
E.g. 10,000 svLAUNCH will grant you an extra 200 USDT allocation.

Stakers always have a significantly higher allocation than those who don’t stake.

Priority Fills

  • In case of excess demand, top $LAUNCH stakers will be filled first; the rest will be refunded.
  • The more $LAUNCH staked, the higher the probability of fill. No Caps.
  • The “Fillability” bar gives you an indication of how likely you are to get your contribution successfully filled.
  • You can also seamlessly track your position in the queue and the capital ahead of you. This empowers you to boost your $LAUNCH stake if you fall below the cutoff.

Insurance (User Protection)

Insurance coverage: 1 USDT covered for every 10 svLAUNCH
E.g. 10,000 svLAUNCH will give you a coverage of 1000 USDT.

Note: There are no snapshots. You will be able to top up your staked $LAUNCH during the sale to increase your allocation, priority and insurance coverage.

Are you excited for this IDO? We know we are! IDO season begins.

Yours Truly,
Your Birdies

About Superlauncher

Superlauncher crowdfunds the open web with distributed capital in a permissionless and decentralised manner across dozens of blockchains. Since 2021, 8000+ users have contributed >$6M across 40+ campaigns.

Website | Whitepaper | Twitter | Telegram | Github | Discord | Youtube

--

--

SuperLauncher DAO

Investment DAO facilitating mass participation in early-stage & listed ventures; decentralized capital management across 20+ EVMs. Headquartered on zkSync Era.