Chumbi Valley IEO on Kucoin participation information:
Participants must have an average daily KCS holdings of at least 100 KCS, where their final allocation of the new token is determined by the portion of their average daily KCS holdings against the total average daily KCS holdings by all participating users. To ensure a fair allocation for all participants, there will be a set hard cap for the token allocation per user.
- Token Sale Subscription Start Time: 12:00:00 on December 14, 2021 (UTC)
- Token Sale Subscription End Time: 00:00:00 on December 17, 2021 (UTC)
The Shares of Qualified Users Will Receive (Users must meet the minimum average daily KCS holdings):
(User’s KCS holdings / Total KCS holdings of all participants) * Total Spotlight Allocation (300,000,000 CHMB)