Bybit is excited to announce the launch of IDO 2.0, a revolutionary upgrade designed to enhance your experience in acquiring preferred tokens at launch prices. Starting from June 28, this upgrade introduces three major improvements: revolutionary IDO rules, an enhanced user interface, and a revamped refund policy.
Bybit's new IDO rules reward loyalty by increasing the chances of winning for Web3 users with higher IDO scores. You can boost your IDO score through your Bybit Web3 Wallet balance, referrals, and upcoming Web3 points. Users in specific IDO score tiers will have the opportunity to participate in the FCFS (First-Come, First-Served) Round to purchase the remaining IDO token allocation. This ensures fairness, giving loyal participants higher winning rates.
The upgraded interface is sleek and user-friendly, designed to provide a seamless experience for all users. Navigating through the IDO process has never been easier.
The new refund policy offers robust protection for participants. If the token price drops below the initial price, you can claim refunds based on specific conditions:
- Full Refund: A 100% refund within two weeks of the Token Generation Event (TGE) if the average token price falls below the initial price.
- Partial Refund: Refunds ranging from 1% to 100% based on token holdings within the first week after the TGE and before the second release if the average price falls below the initial price.
To be eligible for refunds, participants must subscribe to the project via Bybit IDO and cover gas fees without selling or transferring subscribed assets. Project token unlocking follows a specific schedule, ensuring a structured refund process.
Bybit IDO 2.0 aims to unlock the future of token acquisition, maximizing potential profits while providing enhanced fairness and user experience. For detailed information on how to participate, visit the Bybit Help Center.
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