MatrixETF IDO Participating Guideline

MatrixETF
7 min readSep 16, 2021

Solanium:

MatrixETF — IDO Details

  • Token: $MDF
  • Price Per Token: $0.02
  • Number of Tokens: 2,000,000 $MDF
  • Accepted Currency: USDC
  • Total raise in Public Sale: $40,000 USDC
  • Blockchain: Solana

MatrixETF — IDO Timeline (UTC)

  • Whitelist Start: Sep 16, 2021–2:00 PM
  • Whitelist Lottery Results: Sep 18, 2021–2:00 PM

== KYC for Whitelist Winners ==

  • Sale Start: Sep 18, 2021–4:00 PM
  • Distribution: Sep 24, 2021–10:30 AM

IDO Guideline:

Click Connect Wallet:

Click Sollet to connect/create the wallet:

Click Log in with Telegram

Choose your country, fill out the phone number bound to your telegram, click NEXT and you will get one message, please click Confirm.

Get back to UI and click ACCEPT

Click +Register for whitelist, check “ I confirm that my country is not in the list”.

After banning with your Telegram, please get back to the detail page and await for Whitelist opening.

After Whitelist is opened and Telegram is banned, you can gain 1 Social Pool ticket, click the Telegram task to keep gaining tickets.

At that time there will be Social Pool and Staking Pool opening:

Social Pool

A percentage of the to-be-sold tokens will be allocated to the Social Pool.

You can collect Social Tickets by performing various social tasks such as Telegram and Twitter Tasks。

Staking Pool

A large part of the to-be-sold tokens will be allocated to Staking Pool tickets.

You can only get Staking Pool tickets by staking SLIM or SLIM-LP tokens.

Increase your Staking Pool tickets by increasing your token stake or extending your lock time。

Staking pool ticket is an estimation and the final snapshot will be taken at the time of lottery results

Token Sale and Distribution:

If you are the winner, you have to do KYC between the day of Whitelist Lottery Results on Sep 18th and Distribution on Sep 23rd.

  • KYC is required after getting in the Whitelist
  • KYC requires to turning on your camera
  • KYC will be banned with your wallet and only needs to be done once

The winners can participate the Token Sale and get Distribution:

  • Sale Start: Sep 18, 2021–4:00:00 PM
  • Distribution: Sep 23, 2021–4:00:00 PM

How to get more Staking Pool Tickets

Click website: https://www.solanium.io/, pull down the webpage and click Connect Wallet.

Solanium can connect with Sollet web version, Sollet plug-in, Solflare, Phantom, you can choose according to your own situation.

So for the staking mechanism we work with XSLIM. 1 SLIM = XSLIM if the 1 SLIM is staked for 365 days (1 SLIM = 0.5 XSLIM if staked for 132 days). It is also possible to stake a Raydium LP token (SLIM/SOL Pool), 1 SLIM/LP gets translated to around 2.5 SLIM. So 1 SLIM-LP stake for 365 days = 2.5 XSLIM.

So it is based on amount staked and time locked. There are 5 tiers, each tier has a minimum XSLIM requirement:

Tier 1: 100 XSLIM

Tier 2: 1000 XSLIM

Tier 3: 5000 XSLIM

Tier 4: 10000 XSLIM

Tier 5: 50000 XSLIM

Tier 4 and Tier 5 have guaranteed allocation, so they are 100% sure they can participate in a public sale if they sign up for the whitelist (and KYC’d). I think it’s good to see how the distribution for Port Finance went:

Tier 1 (Win rate 15%) = $57

Tier 2 (Win rate 30%) = $79

Tier 3 (Win rate 90%) = $86

Tier 4 (Guaranteed) = $162

Tier 5 (Guaranteed) = $771

So basically the higher the tier the higher your chances are to get an allocation (and the higher the allocation is).

90% of the total raise will get allocated to these staking users, the other 10% will get allocated to social pool users. This are basically users that do not hold any SLIM tokens and participate by doing social media tasks, current tasks:

- Follow the project + solanium on Twitter (1 ticket)

- Join the project’s Telegram group and channel (3 ticket)

- Refer someone to the whitelist (1 ticket)

The more points they have, the more chance they have to get an allocation in the social pool. In the Port Finance sale we picked ~300 social pool winners with a $50 allocation per winning ticket. Might be good to know that stakers can also participate in the social pool with the same odds as a non-staker in the social pool.

Bounce:

MatrixETF — IDO Details

  • Token: $MDF
  • Price Per Token: $0.02
  • Number of Tokens: 2,000,000 $MDF
  • Accepted Currency: USDT
  • Total raise in Public Sale: $40,000 USDT
  • Blockchain: Ethereum

MatrixETF — IDO Timeline (UTC)

  • Whitelist : 10:00 AM Sep 19,2021 —10:00 AM Sep 20,2021
  • Sale : 10:00 AM , Sep 21 ,2021–10:00 AM , Sep 23 ,2021
  • Distribution : 10:30 AM , Sep 24

KYC:

1.Visit bounce.finance

2.Click “Start Application”

3.Choose Bounce Certified or go directly certified.bounce.finance

(Notice: Bounce Certified and Bounce Decentralize are two separate platform under Bounce Finance, please make sure you are in the correct platform)

Before start KYC process, please follow the steps as below:

1. Click “ Connect to a wallet” such as MetaMask

2. After connecting the wallet, click the blue logo and choose “KYC”

3. Fill out your information on the KYC form

After filling all of your information, your approval will be verified. Please wait for the confirmation.

If there is a blue hook beside your account, which means you have passed KYC. If your blue hook disappears, your KYC is invalid, please verify it again.

After verifying KYC you can check IDO details on

https://certified.bounce.finance/fixed-swap/16

After MatrixETF is represented on Bounce, please follow the steps below:

Participate in a fixed swap auction pool

1. Visit https://app.bounce.finance/ and select fixed swap under pool type.

2. Find the auction pool to participate in. Pay attention to the items mentioned below to ensure you enter the correct pool:

  • Pool ID
  • Token contract address
  • Pair and token symbol

3. If everything is correct click join and enter the join pool page.

In a fixed swap auction, a user can join as many times as possible and bids are automatically executed without waiting time. This means if a user makes a bid, they will immediately receive the swapped tokens.

4. Enter the bid, click go and confirm the transaction in Metamask (or any other wallet you use).

If a transaction error with very high gas fee (usually over 200 USD), appears please do not proceed and go back to the parameter page to check if everything is entered correctly.

5. If the pool is filled completely or partially, both the pool creator and participants receive their tokens automatically. There are no additional requirements.

If the pool is not filled, pool creators need to go to the join pool page through the account section or directly to claim their unswapped tokens back.

About MatrixETF

MatrixETF is the next generation of decentralized ETF platform to run the cross chain,which goal is to establish a decentralized, automated, personalized and diversified portfolio for users, as well as help users easily enjoy long-term, stable and efficient financial services.

Website | Medium | Twitter | Telegram | Github

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