PolkaEx—IDO Announcement

First of all, we thank all of you for your incessant support and trust, we could not have reached this far without you. We feel glad to be able to give our supporters the opportunity to invest in PolkaEx’s powerful and innovative cross-chain liquidity integration platform via our IDO.

Polkaex.io
3 min readSep 23, 2021

We are thrilled to announce that the long awaited PolkaEx IDO will launch on September 29th, 2021, at 8:00 AM (UTC).

$PKEX plays a crucial part in our ecosystem by being the utility and governance token that powers the PolkaEx platform and will also incentivize users of the platform in diverse ways. You can check out more information about $PKEX token here: PolkaEx Token Metrics.

IDO Details

Our upcoming IDO contains 2 pools: the Private Pool and the Public Pool. The Private Pool is available only to Whitelist Winners, and each winner will have a guaranteed allocation. The public Pool will be open to all participants.

  • IDO Date: September 29, 2021, 8:00 AM (UTC).
  • Total allocation: $350,000.
  • Token price: $0.35 per $PKEX token.
  • Currency: USDC.
  • Vesting: 50% at TGE, 50% after 2 weeks.
  • Network: Ethereum Network.
  • Platform: PolkaEx Launchpad.

Private Pool

  • Private Pool allocation: $175,000.
  • Allocation limit: $100 — $350.
  • Time: 8:00 AM — 2:00PM UTC, lasts for 6 hours.

Public Pool

  • Public Pool allocation: $175,000.
  • Allocation limit: $100 — $1050.
  • Time: Opens at 4:00 PM UTC, lasts for 1 days.
  • Mode: First come, first serve (FCFS).

Note:

If there are any unsold tokens in the Private Pool after 6 hours, the tokens will move into the Public Pool to add to the original allocation. If there are any unsold tokens after 1 days in the Public pool, they will be destroyed (burnt). Note that $PKEX can be claimed only after the Public Pool closes, and after the Public Pool is closed, $PKEX will list on Uniswap immediately.

We reserve the right to make changes to the above information and terms.

KYC criteria

You are not allowed to participate in IDO if you are located, incorporated, or otherwise established in, or a citizen or resident of (i) the United States of America, Canada, People’s Republic of China, the Hong Kong Special Administrative Region of the People’s Republic of China, the Republic of Seychelles, Bermuda, Cuba, Crimea, and Sevastopol, Iran, Syria, North Korea, Sudan, Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Democratic People’s Republic of Korea (DPRK), Ghana, Iran, Jamaica, Mauritius, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Senegal, Syria, Uganda, Yemen, Zimbabwe; (ii) any state, country or other jurisdiction that is embargoed by the United States of America; (iii) a jurisdiction where it would be illegal according to Applicable Law for you (by reason of your nationality, domicile, citizenship, residence or otherwise) to participate in the public sale.

About PolkaEx

PolkaEx is a pioneering cross-chain liquidity integration platform powered by Polkadot. Our team is aiming at a top-notched decentralized exchange that doesn’t only provide higher TPS, lower transaction cost and smooth trading but also a launchpad and other innovative features that will make PolkaEx a one-stop Defi platform.

Highlights of PolkaEx

  • Powered by rapidly growing ecosystem Polkadot.
  • Built on Astar Network, which supports EVM, ECDSA, and Solidity that enable quick and easy deployment of Ethereum compatible smart contracts. And also brings fast and low transaction costs.
  • Cross-chain liquidity pool, users can trade tokens from different chains.
  • Equipped with Token launchpad, creating cross-chain token pools and raising capital for projects.
  • Aim to be the 1st DApp on Shiden Network and Astar Network.

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Polkaex.io

PolkaEx is a cross-chain trade platform based on Polkadot, using Astar Network to provide higher TPS, lower transaction cost.