HomeCoinsCardstarter (CARDS)CardStarter Tiers — V6. Revised Participation Requirements for… | by CardStarter |...

CardStarter Tiers — V6. Revised Participation Requirements for… | by CardStarter | Sep, 2021

- Advertisement -


Revised Participation Requirements for CardStarter IDOs

CardStarter Tiers — V6 Revised Participation Requirements for… by

Soon CARDS holders can upgrade their allocation size incrementally, without restrictive gaps between tiers!

***Please Note: These changes will come into effect AFTER the Ridotto IDO. The tier structure in effect for Ridotto’s IDO can be found HERE.***

With the final release of the remaining Round 1 and Round 2 CARDS presale tokens, CardStarter is in an optimal position for the first major overhaul of our participation structure. The future stability of our circulating supply has enabled us to develop a simplified and incentivizing participation system.

We are retiring the current tier-based model, and migrating to a fully linear participation model. This will allow CARDS stakers to incrementally upgrade their position and allocations, as opposed to a restrictive gap between tiers.

The linear bracket will begin at a minimum threshold of 500 CARDS tokens at a 1X pool weight, up to a maximum participation amount of 40,000 CARDS tokens at an 80X pool weight. All participants will be guaranteed an allocation directly proportionate to the number of CARDS they have staked within this bracket.

We are currently developing an incentive model for our top community members, equivalent to the current Ace of Clubs tier. We ask our top holders to stay tuned for further details.

CardStarter’s tier requirements for participating in the IDOs have continuously evolved throughout the lifespan of the launchpad.

We’ve received regular feedback from community members that the lower end of the Wild Cards bracket does not provide a feasible risk to reward ratio for participation given the current gas fees on Ethereum. To further validate this feedback, we regularly see the highest turnover rate of community members from within this spectrum of the tiers.

We seriously deliberate and run extensive economic modeling when redesigning our participation requirements. We take into account numerous variables such as community size, IDO pool sizes, circulating supply of CARDS, but most importantly the economic viability of allocation sizes within the participation model.



Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,497FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 63,976.00
ethereum
Ethereum (ETH) $ 3,854.05
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 607.59
litecoin
Litecoin (LTC) $ 186.55
eos
EOS (EOS) $ 4.48
okb
OKB (OKB) $ 23.12
tezos
Tezos (XTZ) $ 6.63
leo-token
LEO Token (LEO) $ 2.94
cardano
Cardano (ADA) $ 2.10
monero
Monero (XMR) $ 255.40
stellar
Stellar (XLM) $ 0.375661
chainlink
Chainlink (LINK) $ 26.04
huobi-token
Huobi Token (HT) $ 8.39
tron
TRON (TRX) $ 0.102112
usd-coin
USD Coin (USDC) $ 0.999879
dash
Dash (DASH) $ 190.59
neo
NEO (NEO) $ 42.79
iota
IOTA (MIOTA) $ 1.24
nem
NEM (XEM) $ 0.168118
zcash
Zcash (ZEC) $ 147.24
maker
Maker (MKR) $ 2,475.86
paxos-standard
Pax Dollar (USDP) $ 0.997413
ethereum-classic
Ethereum Classic (ETC) $ 52.46
vechain
VeChain (VET) $ 0.116041
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 56.79
kucoin-shares
KuCoin Token (KCS) $ 14.24
waves
Waves (WAVES) $ 28.61