Integral (ITGR) will start a Variable-Price Crowdpooling campaign on DODO ETH on September 14th, at 08:00 PM UTC+8 (Singapore Time). The proceeds will be used to create a liquidity pool for ITGR after the Crowdpooling and users will be able to trade ITGR with arbitrary ERC-20 tokens 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.
US PERSONS AND CORPORATIONS ARE NOT PERMITTED TO TAKE PART IN THIS CROWDPOOLING.
Project Name: Integral (ITGR)
Token Contract Address:0xD502F487e1841Fdc805130e13eae80c61186Bc98
Token Allocation Chart/Tokenomics & Distribution:Token Model & Metrics - Integral
Total Number of Tokens Provided by Project Team: 1,400,000 ITGR
Crowdpooling Token Allocation (Number of Tokens for Participants): 700,000 ITGR(0.23% of the Total Token Supply）
Crowdpooling Price: Starting Price 1 ITGR = 0.9812 USDC
Personal Hard Cap: 1000 USDC
Crowdpooling Link:DODO - Your on-chain liquidity provider.
Whitelist Link: Verify with Blockpass
(After you’ve submitted your KYC document on Blockpass, please fill in the Google Form below to let us know that you are one of the DODO community members)
Crowdpooling Start Time: 08:00 PM September 14th, 2021 UTC+8 (Singapore Time)
Crowdpooling End Time: 08:00 PM September 15th, 2021 UTC+8 (Singapore Time)
Liquidity Protection Period: 30 Days
Note: After the conclusion of the Crowdpooling campaign, ITGR tokens will be immediately sent to each participant’s wallet. DODO will then make the ITGR available for public trading for any ERC20 at the Crowdpooling Price.
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.
You can freely adjust your Crowdpooling stake amount at any time before the Crowdpooling campaign ends.
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.
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.
- 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 Brief Introduction: Integral is an AMM-based decentralized exchange aiming to provide an on-chain trading environment for large-size orders (~$1mil). By including a price oracle, a trading delay mechanism, and a configurable curve, Integral AMM mirrors a global order book with one pool, synthesizes bids, and offers a price for the traders with concentrated liquidity. It aims to provide a high-liquidity environment which executes order with an average price over a period of time (TWAP).
Official Website: https://integral.link
Whitepaper: White Papers - Integral
Telegram: Telegram: Contact @integralresistance
Discord: The Integral Resistance