Jupiter releases details of the HumidiFi token WET ICO.

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On December 3rd, according to official news, the dark pool DEX HumidiFi announced that it will launch its ICO on Jupiter on December 3rd, using a first-come, first-served basis. The sales arrangement is as follows:

Phase 1 is open to Wetlist (HumidiFi users and community), with an allocation of 60 million WET tokens (6% of the total supply), priced at 0.5 USDC per token (corresponding to an FDV of 50 million USD), and will take place from 10:00 to 22:00 on December 3 (EST).

Phase 2 is open to JUP stakers, with an allocation of 20 million WET tokens (2% of the total supply) at a price of 0.50 USDC per token (corresponding to a FDV of $50 million), from 22:00 on December 3rd to 10:00 on December 4th (EST). Eligibility is tiered based on time-weighted JUP staking since July of this year, with purchase amounts ranging from 200 to 10,000 USDC.

Phase 3 is a public sale, with an allocation of 20 million WET tokens (2% of the total supply), priced at USDC 0.69 per token (corresponding to an FDV of USD 69 million), from 10:00 to 22:00 on December 4 (EST), with an individual purchase limit of USDC 1,000.

All phases are oversubscribed and available on a first-come, first-served basis, while supplies last. Tokens and liquidity will be available shortly after the sale ends (specific timing to be announced). Users can check their eligibility on the Jupiter DTF website.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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