Ondo Finance is an open and decentralized investment bank that connects various stakeholders in the emerging DeFi ecosystem by providing structured investment products. The native ONDO token is designed to facilitate governance and incentivize users who bring value to the protocol.
On May 12, 2022, Ondo Finance conducted its public token sale via CoinList, allocating 163,636,364 ONDO tokens for the main tranche. The event attracted significant community interest, successfully raising $9 million for this primary pool at a price of $0.055 per token. Overall, the broader token sale distributed assets to over 18,000 purchasers globally, with priority queue access given to active network participants.
Ondo Finance - ICO Round on CoinList Overview
12-month lock-up from June 1, 2022 with a 6-month release period thereafter
CoinList
Ondo Finance - ICO Round on CoinList Round Result
How to join Ondo Finance - ICO Round on CoinList?
To participate in the Ondo Finance public token sale, users were required to navigate to the official CoinList platform and complete the mandatory KYC/AML verification process before the registration deadline on May 9, 2022.
Once registered, eligible participants could enter the first-come, first-served queue on May 12, 2022, to purchase ONDO tokens at $0.055 each. The main tranche allowed investments ranging from a $100 minimum to a $2,000 maximum, payable in USDT, USDC, ETH, BTC, ALGO, or SOL. Priority queue access was granted to over 4,000 active Ondo network contributors, and the sale successfully distributed tokens to over 18,000 purchasers.
Step-by-step Guide
Register an account on the CoinList platform and complete full KYC verification.
Submit your registration for the Ondo Finance token sale before the May 9 deadline.
Fund your CoinList wallet with supported assets like USDC, USDT, ETH, or BTC.
Join the virtual queue on May 12 to secure your token allocation.
Complete your purchase between the $100 minimum and $2,000 maximum limits.