2021-05-01 04:37:49
Launchpads are growing up...
POLS has made some significant changes to their launchpad (which will almost certainly have an effect on the POLS token itself)
Full Twitter thread below but TLDR is -
No more non-POLS pools
POLS threshold has now been lowered from 3000 POLS to 250 POLS
For each 250 POLS you hold, you receive one lottery ticket
7 day cooldown. This means one wallet can only do one IDO every 7 days
There is also a 7 day lead in time to qualify, i.e you will need to hold POLS in your wallet 7 days prior to the IDO
This apparently increases the users chance of participating in a POLS IDO to 86.3% if you hold 250 POLS. What this means to allocation sizes, well we'll see.
New system starts as of May 10th.
https://twitter.com/polkastarter/status/1388152870843867136
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W
