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Fuel Network is the fastest Optimistic L2 Ethereum implementing parallel transaction execution with the potential of 21,000+ TPS scalability. It achieves this by utilizing its own smart contract execution environment FuelVM, powered by its own coding language Sway.
$FUEL is a utility token of the platform that is going to power the network security, enabling the decentralization of sequencer, while used as a main currency for paying fees and being the primary tool for allowing “gas less” transactions for users on its chain.
On December 13th Impossible Finance launched a $FUEL token sale campaign aiming to raise around $2M in the guaranteed, whitelist, and FCFS rounds.
CoinLaunch Score:
Last update:
High
16 Dec 2024
Fuel Network - IDO on Impossible Finance Overview
start date:
13 Dec 2024
end date:
18 Dec 2024
price:
$0.02
tokens for sale:
10,000,000,000
Raise:
$2,000,000
Min. Buy:
N/A
Max. Buy:
N/A
Industry:
Blockchain Infrastructure
Lock-up:
Launchpad
No Lockup
Impossible Finance
How to join Fuel Network - IDO on Impossible Finance?
To participate in the $FUEL sale on Impossible Finance, you have a few options:
1️⃣ IDIA staking
Impossible Finance (IP) is a staking-based IDO launchpad, meaning you are able to acquire guaranteed allocation by staking its native token $IDIA. There are no tiers implemented, so the bigger your staking share among the $FUEL sale participants, the bigger will be your allocation. It structured the sale on two staking pools with standard and unlimited $IDIA staking pool, where first have a limitation of 10K coins to stake and others don’t.
Find full info about its staking mechanics in our launchpad review.
2️⃣ Early bridgers access
Additionally to staking $IDIA on Impossible Finance, you can also access a whitelisted FCFS round for the users who bridged funds on Fuel before December 10th, 2024. To proceed you need to connect the sale wallet you used for earning points on Fuel to the IP launchpad.
3️⃣ Public FCFS
Finally, if you aren’t going to stake $IDIA and are not qualified as an early bridgers, you can join the public FCFS round. All you need is to complete a KYC verification on the Impossible Finance launchpad.
Step-by-step Guide
Visit launchpad;
Sign up or Log in on Impossible Finance;
Complete KYC verification;
Choose between guaranteed, whitelisted, or FCFS rounds to join the sale;
During the timeline of the rounds, enter the amount of tokens you to purchase;
Confirm transaction;
Get your tokens.
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