SHO Rules
Only whitelisted wallets are allowed to send funds.
If you have won a ticket and contribute from a different wallet than the whitelisted wallet, your transaction will be refunded.
Total raise — 1,000,000 USD
- Gate IEO: $125,000
- DAO Maker SEED SHO: $875,000
$1000 USD Allocation
1000 Winning tickets
875 Allocation Spots
1000 DAO minimum to the stake for the SHO in the DAO Vault
In order to participate, you will need to stake at least 1000 DAO in the smart contract. The early unlock is possible, however, if you’d be unlocking staked tokens before the 10 days period ends, 10% of your tokens will get burned.
Use this link for staking your DAO — vault.daomaker.com
Once you have a minimum of 1000 DAO staked you can go and sign-in for participation at socialmining.daomaker.com
The staked amount will put you into the specific tranche
Tranche 1: staking 1,000–1,999 DAO
Tranche 2: staking 2,000–3,999 DAO
Tranche 3: staking 4,000–9,999 DAO
Tranche 4: staking 10,000–24,999 DAO
Tranche 5: staking 25,000 DAO and more
Based on the current rate of DAO Holders already being in tranche 3 and higher gives you now a very high chance to get an allocation however the final snapshot of staked DAO will take place on Thursday, March 25th when sign-ins will close and the final chances will be adjusted accordingly.
For this SHO we will only count staked amounts of DAO via using vault.daomaker.com, meaning the Liquidity Provider’s balances at Uniswap or Balancer will not count this time. Only staked DAO or DAO LP via using vault.daomaker.com will count. LP DAO will receive a multiplier of 3x. Meaning having 500 worth of LP DAO equals 1500 DAO.
We will issue 1000 winning tickets for 875 allocation spots. The winners are going to be notified via email if they have a winning ticket and they will have 2 hours to pass KYC on our platform before contributions will start.
The contribution amount for this SHO will be 1000 USDC and the platform will be closed once the cap of 875,000 USD will be reached. Participants who will send money once the cap is reached will get refunded.
Timeline of Orao SHO
March 22th (11am UTC) — sign-ins start
March 25th (11am UTC) — sign-ins are closed
March 25th (2pm UTC) — winners are announced by email, KYC is open for 2 hours
March 25th (4pm UTC) — Contributions are open for winners
Contributions are closed as soon as the 875,000 USD cap is reached
TGE — TBA
KYC Limitations
Citizens and residents of the following countries are not eligible to participate in the event:
Afghanistan, American Samoa, Bahamas, Barbados, Bosnia and Herzegovina, Botswana, Cambodia, Canada, China, Ghana, Guyana, Iran, Iraq, Jamaica, North Korea, Laos, Libya, Mauritius, Mongolia, Myanmar, Nicaragua, Pakistan, Panama, Puerto Rico, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Uganda, Vanuatu, United States, U.S. Virgin Islands, Yemen, and Zimbabwe.
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