How to participate

On Polkastarter:

There are three ways to become eligible for whitelisting:

• Hold POLS in your wallet for a minimum of 7 days; or
• Hold POLS liquidity provider tokens on Uniswap or PancakeSwap for a minimum of 7 days; or
• Stake POLS on the new dashboard. This grants instant access to whitelist eligibility, but locks your tokens for 7 days.
• Counting from both supported chains, Ethereum and Binance Smart Chain.

POLS Power:

For every 250 POLS Power you collect, you have one entry in the lottery for every whitelist you apply for.

POLS Tiers:

To further incentivize holding and staking the POLS token, not only do you receive tickets for every 250 POLS Power you accumulate, but the more tickets you have, the more they are worth. Polkastarter has 5 different POLS tiers as outlined below.

• 250+ POLS Power = 1.0x — Every ticket is worth 1 ticket
• 1,000+ POLS Power = 1.1x — Every ticket is worth 1.1 tickets
• 3,000+ POLS Power = 1.15x — Every ticket is worth 1.15 tickets
• 10,000+ POLS Power = 1.20x — Every ticket is worth 1.20 tickets
• 30,000+ POLS Power = 1.25x — Every ticket is worth 1.25 tickets & No Cooldown

Providing Liquidity:

If you provide liquidity to the ETH-POLS pool on Uniswap or on BNB-POLS on PancakeSwap, your LP tokens will also be counted towards your overall POLS Power. Each ETH-POLS LP token is the equivalent of 100 POLS. Each BNB-POLS LP token is the equivalent of 20 POLS. Therefore, the 250 POLS required for a ticket is equal to 2.5 LP tokens and 12.5 LP tokens respectively (subject to change).

On PAID Ignition:

Tiers:

• MOON Tier: Any wallet holding a minimum of one thousand (1,000) $PAID tokens is eligible to receive a single lottery ticket per every one thousand (1,000) $PAID tokens. No complete or partial lottery ticket will be granted for total or remaining balances of less than a thousand (1,000) $PAID tokens. Moon Tier is first-come, first-serve, a moon ticket does not guarantee an allocation.
• GALAXY Tier: Any wallet(s) holding a minimum aggregate of seventy-five thousand (75,000) $PAID tokens is guaranteed one public allocation, in addition to qualifying for the MOON Tier’s lottery ticket eligibility gained from the wallets’ $PAID token balance.
• COSMOS Tier: A wallet holding a minimum of one-hundred and fifty thousand (150,000) $PAID tokens will be granted two public allocations and one private, pre-sale allocation (private allocation availability varies between projects and is not guaranteed for all Ignition IDO Launches) in addition to MOON Tier lottery ticket eligibility gained from the wallet’s $PAID token balance.

Requirements:

PAID Ignition operates using a lottery system. Each lottery ticket represents one entry into the public sale lottery. In order to qualify for a lottery ticket, one must hold 1,000 or more PAID tokens in their Metamask ERC-20 wallet, from the time of whitelisting up to the time of the IDO. Lottery entrants are separated into three different tiers, depending on the number of tokens held in their wallet. All lottery tickets carry equal weight in the selection process. Winners will be chosen at random from the pool of tickets, the same as with a conventional lottery. When a winner is selected, they will receive a golden ticket.

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