Introducing the Claim Crowdpooling on DODO ETH and BSC on May 23

Hello CommanDODOs and Claim Fans,

Claim will start a Crowdpooling campaign on DODO ETH and BSC on May 23, at 12:00 PM UTC. The proceeds will be used to create a liquidity pool for CLAIM after the Crowdpooling and users will be able to trade CLAIM-DAI on DODO.

Crowdpooling on DODO is an equal opportunity way to distribute tokens and establish liquidity markets. The project team provides its project/governance tokens, and sets the token price and the amount of tokens to be issued. Anyone can subscribe to purchase the tokens during the campaign period.

If the overall subscription amount by participants is higher than the Crowdpooling hard cap, then all participants will receive tokens proportional to their shares of the pool at the initial price. At the end of the Crowdpooling period, the corresponding token liquidity pool will be created and open for spot trading.

Crowdpooling Information

Project Name: CLAIM

Token ETH Contract Address:CLAIM (CLAIM) Token Tracker | Etherscan

Token Allocation Chart/Tokenomics & Distribution:Overview - Claim

Total Number of Tokens Provided by Project Team: 400,000 CLAIM(ETH),400,000 CLAIM(BSC)

Crowdpooling Token Allocation (Number of Tokens for Participants): 200,000 CLAIM on BSC and 200,000 on ETH (0.4% of the Total Token Supply)

Crowdpooling Hard Cap: 200,000 DAI

Crowdpooling Token Price: 1 CLAIM =0.5 DAI

Personal Hard Cap (Optional, delete if not applicable): 400 DAI(BSC);800 DAI(ETH)

Crowdpooling Link:
1.ETH Crowdpooling DODO - Your on-chain liquidity provider.
2.BSC Crowdpooling DODO - Your on-chain liquidity provider.

Whitelist Link:Time limited task of Claim IDO WHITELIST

Crowdpooling Start Time: 12:00 PM May 23, 2021 UTC

Crowdpooling End Time: 12:00 PM May 24,2021 UTC

Liquidity Protection Period: 90 days

Note: After the conclusion of the Crowdpooling campaign, Token Symbol tokens will be immediately sent to each participant’s wallet. DODO will then make CLAIM-DAI at the Crowdpooing Price.

How to Participate

Additional Notes on Crowdpooling

  1. Do NOT send tokens to or interact with the Crowdpooling contract address before or after the Crowdpooling campaign. Your tokens may be lost forever and DODO is not liable for any asset losses due to user contract interactions outside the Crowdpooling period.

  2. You can freely adjust your Crowdpooling stake amount at any time before the Crowdpooling campaign ends.

  3. If the total staked amount by participants is below the Crowdpooling hard cap, then all participants will receive tokens normally (i.e. the number of tokens received = the amount participants staked / token price). The leftover tokens will be put into the liquidity pool and become available for spot trading.

  4. If the total staked amount by participants is over the Crowdpooling hard cap, then all participants will receive tokens proportional to their shares of the pool, at the initial offering price . Any difference between the amount participants staked and the actual cost of the tokens (i.e., token price * the number of tokens actually received) is then refunded back to participants.

Note: Due to the flexibility of DODO’s Proactive Market Maker (PMM) algorithm, the opening price, once spot trading begins, can be equal to the Crowdpooling token price, even if the hard cap is not reached. That is, the opening price is not determined by the amount of assets in the resulting liquidity pools. How it works under the hood is that the PMM algorithm truncates part of the bonding curve and assumes that there is a certain amount of buying support in the market. Even if the amount of capital contributed by participants is low, the opening price can still be the Crowdpooling price, and the resulting bonding curve will have a minimum/floor price. Funds staked by users can then push the token price from the minimum price to the Crowdpooling token price.

  1. Participation in Crowdpooling is NOT risk-free. DODO is not liable and will not be offering compensations for any asset losses caused by factors such as project mismanagement, arbitrary and/or malicious token minting, and secondary market manipulation. Cryptocurrencies are a high-risk asset class, so please always proceed with caution and beware of various risks.

Project Profile

Name: Claim

Claim is a Defi protocol that adopts a new generation of stable currency model - based on the credit stable currency model of Ethereum. It supports users to pledge their assets and generates stable currency cUSD for capital circulation. It adopts a dual urrency model, one is the stable currency cUSD, and the other is the equity and governance token Claim.

Official Website:https://claim.xyz

Whitepaper:https://docs.claim.xyz

Twitter:https://twitter.com/claimdotxyz

Telegram: Telegram: Contact @claimofficialcommunity

Chinese Telegram : Telegram: Contact @claimofficialchinesecommunity

Medium: https://medium.com/@claimfinance