Solanium is a multi-chain launchpad that facilitates public fundraising rounds for early-stage crypto projects. The platform is native to the Solana ecosystem. According to the Solanium website, they launched 42 projects, raising $16.6M with over 72K participants in their IDOs. The full process of how to participate in Solanium IDO can be found here. The native Solanium coin (SLIM) is used for staking and participating in token sales. According to Solanium, there are more than 13K SLIM holders with 42 million staked tokens.
Let’s take a look at the Solanium review and learn interesting facts about the platform to answer the question: what is Solanium?
Solanium Tiers for joining IDO represent different levels of commitment and participation on the Solanium platform. There are 5 tiers with their own set of benefits and privileges, and users must meet specific requirements to qualify for each tier. Participants must hold a minimum amount of xSLIM tokens (at least 100 xSLIM tokens for Tier 1 and 50K for Tier 5), which can be obtained by staking SLIM or SLIM-LP tokens. Note that xSLIM tokens have specific utility and are not tradable or transferable. Only tiers 4 and 5 get guaranteed allocation in project sales.
The platform introduced Solanuim Shield feature to enhance the due diligence and risk management process for participants in crypto projects launched on the Solanium platform. It is designed to provide protection and security to the community members of Solanium launchpad, especially during challenging market conditions.
To apply for the Solanium IDO fill out the form. Also, the company is looking for social media influencers or $SLIM holders who can boost marketing activities and contribute to the platform. The reward depends on the project and can be in USDC or whitelist. If you’re interested in such an activity, fill out the form.