CryptoBanks IDO is Launching on Xion Finance
Cryptobanks IDO is launching on Xion Finance on 17th Feb, 2022!
Cryptobanks aims to provide all decentralized finance products in one place. It is a type of all-in-one platform, which offers everything, like an instant swap, farming, launchpad, stake and earn, dividends, and an NFT marketplace.
Join the Cryptobanks Community:
Cryptobanks IDO Details on Xion Finance
Network: BSC; raise in BTC, ETH, LTC, XRP, DASH, BCH, XGT, USDT, xDAI
Total Supply: 5,000,000 CBC
Initial Market Cap: $552,000 / 1840000 CBC
Xion Finance Sale Date: 17th February 2022, 10:00 am UTC
Xion Finance Allocation: $100,000
IDO Price: $0.25
Vesting: 20% TGE, then 10% linear monthly release
Token Listing Date: 20 February 2022
How to participate with Xion Finance
Head to the Xion Finance marketplace to view the Cryptobanks IDO here.
Xion Finance uses a Tier System to determine the amount of guaranteed allocation a participant is entitled to. These levels start from 250 XGT being staked in the IDO/INO staking pools and can go up to 58k XGT. The multiplier assigned to each tier calculates how much allocation is provided per a base allocation, which is set once your XGT stake is automatically locked 6 hours before the start of the sale/raise.
You can review and stake into the Tiers by clicking here.
The Xion Finance homepage has a ‘BUY XGT’ button that will take you to Honeyswap DEX on the xDAI chain.
If you cannot find XGT V2 then manually use this contract address:
Staking XGT or LP to access the IDO
Once you’ve got some XGT in your wallet, then follow these steps to stake your $XGT:
- Go to the Xion Finance Website: https://xion.finance/farm_pool
- Open any of the following pools & Stake $XGT according to the $XGT tiers: — xDAI IDO/INO(ERC20)
— XGT IDO/INO(ERC20)
- 6 hours before the IDO sale starts, your $XGT stake will be automatically locked in any of the IDO pools mentioned above.
- After your stake has been automatically locked, you can view “Your Tier” in the any of the pools mentioned above to see what allocation you have in the IDO.
- Your $XGT stake will be locked for 5 days after the IDO sale start date.
$1 Daily Subscription for a Boosted Allocation
Want a 35% boost on your guaranteed allocation!?
Simply subscribe to the $1 daily subscription at least 4 days prior to the Cryptobanks IDO and you will get a 35% boosted allocation on your registered staking tier.
Registering for the IDO
To participate in the sale, your $XGT stake in the IDO/INO pools will be automatically locked for 5 days from the start date of the Cryptobanks IDO sale.
Participating in the IDO
Once the Cryptobanks IDO is Live, the guaranteed allocation round will last approximately six (6) hours, followed by an FCFS round which is only for XGT stakers and whitelisted wallets.
You need to complete these steps to participate:
- Head to https://xion.finance/shop
- Scroll down to Cryptobanks & click ‘Buy Now’
- You will be redirected to complete your purchase
- Pay in XGT, ETH, BTC, LTC, BCH, xDAI, XRP, USDT or DASH
Whitelisting FCFS Round
Xion Finance will be doing a whitelist competition, where winners will be able to participate in the Cryptobanks Whitelisting FCFS Round.
Follow the instructions on the Gleam campaign and earn points. The more points you earn the more chances you have to win access into the Whitelisting FCFS Round.
Gleam Campaign >> https://gleam.io/t9hmN/cryptobanks-ido-whitelist-competition
Whitelist Round: 50 people with the highest score on the board will get access into the Whitelisting Round. The remaining 150 whitelist people will be randomly selected from the applicants.
All 200 whitelist applicants will be able to participate in Cryptobanks IDO using BTC, ETH, LTC, BCH, DASH, XRP, xDAI, USDT or XGT.
The link for the public whitelist will be shared here once it is live, as well as on official channels >> https://docs.google.com/spreadsheets/d/1ROkvpl-cRJtsoceRbZg8vUcIFw5llJqDy2OR5WeDczE/edit?usp=sharing
If there are still allocations left after the whitelisting FCFS round, then anyone can get into the remainder of the sale.
By combining the irresistible perks of a Web3 environment, cross-chain capability, loyalty programs and cashback rewards, Xion readies itself to be the game-changer in the global e-commerce and finance industries. Essentially, Xion aims to be a Web3 Stripe facilitating crypto payments for thousands of merchants and their customers when they shop online and at almost zero costs.
Join us on Telegram: https://t.me/xionglobal