To be eligible for any of the tiers you are required to stake the following:
25,000 BLOK for tier 1 [1x] (10% lottery) 30 days
50,000 BLOK for tier 2 [2x] (25% lottery) 30 days
100,000 BLOK for tier 3 [2x] (50% lottery) 30 days
125,000 BLOK for tier 4 [2x] 30 days
200,000 BLOK for tier 5 [3x] 30 days
375,000 BLOK for tier 6 [6x] 30 days
750,000 BLOK for tier 7 [14x] 30 days
1,250,000 BLOK for tier 8 [22x] 30 days
1,550,000 BLOK for tier 9 [28x] 30 days
#1 How do I participate in IDOs?
- Step 1. Go to "IDO Staking" page
- Step 2. Connect your wallet
- Step 3. Stake enough $BLOK to get one of the levels. You can see the required amount to stake in the list of levels
- Step 4. Register for an IDO you want to participate in. When IDO registration period starts (usually 48h before the IDO start), you need to open the Pools page and click the "Register" button in an IDO pool card.
Example of a Registration button you need to click to participate in an IDO
#2 What are the steps of an IDO?
#3 What is First Come First Serve (FCFS) sale? And who can participate in it?
#4 Do I need to unstake/restake for each IDO?
#5 Can I unstake after each IDO?
#6 Do I have to stake my $BLOK for 5 days to qualify for IDO?
#7 I have staked X $BLOK and have Y level, yet the pool page shows 'You level NONE is too low to participate'. Why?
#8 What is the difference between guaranteed allocation and lottery levels?
#9 I have registered for an upcoming IDO with a certain amount of $BLOK already staked. If I purchase more $BLOK and stake them after registering, will my level be upgraded?
#10 Do I have to register for each IDO?
#11 For IDO registration purposes, is there any benefit to stake an amount slightly over the tier requirement?
#12 When will I find out about my allocation?
#13 How long do I have to fund my IDO allocation?
#14 What can I fund my allocation with?
#15 How do I find the token address for the project I just invested in?