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Storm Trade
IDO on ChainGPT Pad

Past 09 Oct - 12 Oct 2024 ChainGPT Pad

StormTrade is a SocialFi derivatives trading platform poised to lead the charge in onboarding the next 10 million DeFi users. It allows users to trade stocks, crypto, Forex, and commodities with up to 50x leverage on the TON blockchain.

$STORM is the native token of the platform, primarily used for receiving discounts on trading fees, voting on governance proposals, accessing Private Community sales, revenue sharing, and rewarding active community members.

On October 9th, 2024, the ChainGPT Pad launchpad will host an IDO sale of the token on its platform, offering over 16M $STORM for sale. Our team has prepared a guide for you on how to join the IDO.

CoinLaunch Score: Last update:
Medium 07 Oct 2024

Storm Trade - IDO on ChainGPT Pad  Overview

start date: 09 Oct 2024
end date: 12 Oct 2024
price: $0.012
tokens for sale: 16,666,666
Raise: $200,000
Min. Buy: N/A
Max. Buy: N/A
Industry: DeFi
Lock-up:

15% at TGE, no cliff & 6 months linear vesting

Launchpad Chain GPT LogoChainGPT Pad
More about Storm Trade

How to join  Storm Trade - IDO on ChainGPT Pad?

To participate in $STORM IDO on ChainGPT Pad, first you need to acquire one of the four tiers by staking $CGPT tokens on the platform and earning staking initially at the !;1 ratio. Yet, if you stake the tokens, in a pool with a time lock longer than 45 days, you will be able to earn points multiplier, following this logic:

  • Staking $CGPT in the 90-day pool gives you a 1.3x multiplier.
  • Staking $CGPT in the 180-day pool provides you with a 1.5x multiplier.
  • The 365-day pool gives you a 2x multiplier.

The ChainGPT Pad offers four main staking tiers, each offering you unique features:

  • Ape (2,000+ points): Minimum 1x Allocation Multiplier + access to FCFS rounds.
  • Chad (20,000+ points): 4x Allocation Multiplier + access to both Guaranteed and FCFS rounds.
  • Shark (50,000+ points): 10x Allocation Multiplier + all Chad tier features + access to the Crowdfunding & Private Sales, NFT launches, and airdrops.
  • Whale (200,000+ points): 40x Allocation Multiplier + all Shark tier benefits + token airdrops from incubated projects, occasional NFT airdrops, and more.

Read more about the ChainGPT Pad tier system here.

Then, acquire some $USDT + $BNB to cover fees on the BCS network in your web3 wallet, and visit the IDO page. There, you will need to connect your BSC wallet, make sure your tier is displayed correctly, and enter your TON blockchain wallet address, as you will be required to claim tokens on the TON blockchain.

For Ape tiers: Then, wait for the end of the main (guaranteed allocation) round and join the FCFS round. 

For Chad+ tiers: Once the registration deadline ends, you will be notified of the size of your allocation. Enter the required amount and confirm the transaction. Furthermore, you can join the FCFS round to purchase even more tokens but act quickly with the FCFS round as there may be increased competition from Ape tier participants. 

 

Good Luck!

Step-by-step Guide

  • Acquire $USDT and some $BNB on the BSC network in your web3 wallet;

  • Visit the IDO sale page;

  • Connect your wallet;

  • Get one of the following staking tiers

  • Input your TON web3 wallet in the left corner of the screen; 

  • Confirm your participation; 

  • On the day of the sale purchase tokens;

  • Claim your $STORM coins on TON after the TGE.

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