Unbound Finance IEO on Huobi:
How to participate:
There are two ways for users to participate in this event. Each user can only choose one method for participation and cannot change the selected method once registration is completed.
Register via Queue
- Sign up on Huobi Global and complete the advanced verification process before 10:00 (UTC) on Dec 14(if you have not done so already)
- Hold at least 50 USDT in your Exchange account before 10:00 (UTC) on Dec 14.
Participation Process:
- From 10:00 (UTC) on Dec 14 to 11:00 (UTC) on Dec 14, eligible users can register to participate in this event. Their USDT balances in the Exchange account will be locked automatically once they complete the registration. (Please note: If you have not registered for the event, you will not be able to participate)
- From 11:00 (UTC) to 12:30 (UTC) on Dec 14 the system will randomly select 8,000 lucky users among all participants to qualify for the purchase and allocation of 50 USDT worth of UNB each. Those users will see their sequence number (1 ~ 8,000) on the web page.
- For the rest of the participants, their USDT tokens will be automatically unlocked and made available in their Exchange accounts.
Register via HT Holding
Eligibility:
- Sign up on Huobi Global and complete the advanced verification process before 10:00 (UTC) on Dec 14 (if you have not done so already)
- Have 3-day minimum average holdings of 300 HT between 16:00:00 (UTC) on Dec 10 and 15:59:59 (UTC) on Dec 13, during which you can check your HT holdings at any time on the event page. In addition, ensure you have the minimum USDT holdings required to place orders according to the following table. Please note that all payments will be made in USDT.
Participation Process:
- From 10:00 (UTC) to 11:00 (UTC) on Dec 14, eligible users can register to participate in this event. Their USDT balances will be locked automatically once the registration completes. (Please note: if you have not registered for the event, you will not be able to participate)
- From 11:00 (UTC) to 12:30 (UTC) on Dec 14, the system will automatically execute purchase orders with the maximum amount of USDT they can use for the order placement (as shown in the table above) and allocate new tokens for each participant on a pro rata basis.
- After the allocation, any remaining USDT tokens will be sent to their Exchange accounts.
The number of new tokens allocated for each participant = The order amount in USDT for each participant/the order amount in USDT for all participants * The number of new tokens offered
Please Note:
- Huobi Global will open UNB deposits and spot trading (UNB/USDT) at 13:00 (UTC) on Dec 14
- Huobi Global will open UNB withdrawals at 10:00 (UTC) on Dec 17.
- Margin trading, futures trading, and promotions for UNB with attractive rewards will go live shortly after spot trading for UNB opens.
Unbound Finance IDO on Polkastarter:
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).
About Unbound Finance
Unbound Finance is a decentralized, non-custodial platform that is building a derivative layer on top of existing AMMs to increase the overall capital efficiency in the DeFi space.
Liquidity providers can compound their earnings by leveraging their LP tokens to mint $UND, a decentralized, cross-chain stablecoin, soft-pegged to the US dollar.
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