Fanton
IDO Round on DegenPad

To participate in Fanton ($FTON) IDO on DegenPad, users need to connect their wallet to the website. 

Afterward, users have to achieve a minimum tier (Ape) to register for the waitlist. To upgrade Tier, participants should stake $CGPT on a minimal amount.

Finally, participants can swap Fanton ($FTON) tokens on the available amount for one wallet address, for the available quantity that will be announced later closer to the sale date, and claim it.

IDOs on DegenPAD explained:

DegenPad leverages a two-phased approach for conducting the launches of IDO projects. 

• Round #1 (Guaranteed Allocation)

Round one of an IDO will be granted only to the users who signal their desire to participate by registering their interest prior to the start of the IDO. (Typically, Registration will open a week prior and last until 24 hours before launch).

This round is reserved for the top staking tier groups, Silver, Gold, and Diamond. However, every IDO is launched through social campaigns that allow a limited group of fast-acting Bronze tier members to earn their inclusion into the guaranteed round.

Round #1 will last for 24 hours unless otherwise specified.

• Round #2 (FCFS - First Come First Serve)

Round two, the First Come First Serve, is open to the broader ChainGPT community. There is no requirement to register interest for FCFS; however, waiting for it runs the risk of users being unable to participate due to early completion. Here, all KYC tier members can join at will.

Round #2 will last for 12 hours unless otherwise specified.