Launching Sirius Finance— IDO Guidelines

Solanium
3 min readAug 10, 2022

You guys voted, you guys got it! Our first Polkadot project — Sirius Finance is on Solanium!

Sirius finance is a stablecoin AMM committed to serving native stablecoins on Polkadot parachains, providing a platform to serve liquid staking derivatives and cryptocurrencies of any kind with low slippage trading costs and minimum impermanent loss.

Well funded by Astar & Acala, top parachains on Polkadot, we couldn’t ask for a better project for our Polkadot exposure.

Features

The algorithm for their pools provides low slippage trading costs which benefits traders.

Minimum impermanent loss for liquidity providers on Sirius finance.

A user-friendly interface among all stableswap AMMs in the market.

Greater utility for our native token: proof of this is why our vetoken model had an ATH of over 50% circulating supply locked for veSRS for an average period of 285 days.

A complete stack of curve-convex token economic model that provides the most competitive APY for liquidity providers.

This is definitely something to be excited for!

Sirius Finance — IDO Details

  • Token: $SRS
  • Price Per Token: 0.036 USDC
  • Number of Tokens: 5,555,556 SRS
  • Accepted Currency: USDC
  • Total raise in Public Sale: $200,000 USDC
  • Distribution: Vested — 20% TGE, 16% Monthly for 5 months

Sirius Finance — IDO Timeline (UTC)

  • Whitelist Start: Aug 10, 2022–4:00:00 PM
  • Whitelist Lottery Results: Aug 14, 2022–6:00:00 PM

== KYC for Whitelist Winners ==

  • Sale Start: Aug 13, 2022–2:00:00 PM
  • Distribution: Aug 15, 2022 -10:00:00AM

Sirius Finance will handle the token distribution

How to participate in whitelist for Sirius Finance

1️⃣ ️Whitelist Start: Aug 10, 2022–4:00:00 PM (UTC)

2️⃣ Go to https://www.solanium.io/project/sirius_finance

3️⃣️ Connect your Solana wallet

4️⃣ Connect your Telegram

5️⃣ Follow the tasks to increase your chance of winning the allocation

6️⃣ Participate in the Referral Campaign to gain the additional social ticket(s)

During the Sale, we’ll require your to enter your ERC20 wallet address, we will remind you again during the sale!

Social Pool

A percentage of the to-be-sold tokens will be allocated to the Social Pool.
You can collect Social Tickets by performing various social tasks such as Telegram and Twitter Tasks

Staking Pool

A large part of the to-be-sold tokens will be allocated to Staking Pool tickets.
You can only get Staking Pool tickets by staking SLIM or SLIM-LP tokens.
Increase your Staking Pool tickets by increasing your token stake or extending your lock time

Staking pool ticket is an estimation and the final snapshot will be taken at the time of lottery results

Please note:

  • Please beware of the fake bots sending you messages — Do check with our amazing CM’s for any suspicious messages
  • Always check the URL you’re visiting: Solanium.io
  • “the SRS tokens nor the transactions for them have not been registered under the Unites States Securities Act of 1933 and any related securities may not offered or sold in the United States or to United States persons unless registered with the Securities Exchange Commission or if a registration exemption is available”

Sirius Finance Socials (Beware of Scammers, Sirius Team will not DM You for funds):

Website: https://sirius.finance/
Twitter: https://twitter.com/Sirius_Finance
Discord: https://discord.com/invite/7yHgwnWF7F
Medium: https://medium.com/@siriusfinance

Solanium Socials:

Twitter: https://twitter.com/solanium_io
Telegram Lobby: https://t.me/solanium_io_chat
Telegram Announcement Channel: https://t.me/solanium_io
Instagram: https://www.instagram.com/solaniumio/

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Solanium

Decentralized fundraising and trading platform on the Solana blockchain.