Tap Protocol is a protocol that extends the functionality of OrdFi by providing secure value locking on Bitcoin. As well as the transformative Ethereum DeFi summer, Tap Protocol acquaints us with similar capabilities on the Bitcoin blockchain, expanding the scope of value locking.
On May 2, 2024, Tap Protocol announced a token sale public round on Coinlist. The purchase period is available from May 29, 2024, 17: 00 UTC, to June 5, 2024, 17:00 UTC. The project expects to raise $5,62M from this public sale allocating 1,575,000 $TAP tokens.
10% at TGE + 12 months linear release
In order to be eligible to participate in the TAP Protocol Token Launch, users must fund their CoinList Wallet with the minimum purchase amount ($100.00 in USDC or USDT), have a Bitcoin wallet (xverse), as well as pass KYC verification.
To participate in the TAP Protocol Token Launch, the following requirements are needed:
Once the token launch begins, users will be prompted to submit a purchase request, with a limit set between $100.00 and $2,500.00. You can not submit a purchase request larger than the amount of USDC or USDT you hold on CoinList.
After the token launch period closes, on June 5, 2024, at 17:00 UTC, allocations will be randomly selected. Users who are not assigned to receive an allocation will receive their funds back in their CoinList Wallet within 48 hours of the purchase period.
Users who are not selected to receive an allocation will receive their funds back in their wallets by June 7, 2024.
IMPORTANT: The TAP Protocol team will be distributing TAP tokens to the linked external xverse wallet or BTC wallet address provided during the token launch purchase flow. All custodial and exchange wallets are strictly prohibited.
Please make sure NOT to use a custodial (exchange) BTC wallet address. You may not be able to receive tokens if you provide an incorrect address.
Register for an account on Coinlist;
Complete KYC verification on Coinlist;
Fund your CoinList Wallet with the minimum purchase amount ($100.00 in USDC or USDT);
Visit Coinlist’s site on a desktop computer (Device: Any computer or Android Device; iOS is NOT supported);
Use Google Chrome;
Install the Xverse Extension;
Participate in the $TAP Token Sale.