IDO
PolyDEX Initial DEX Offering
There wass a limited supply of 37,500,000 PLX tokens for purchase on PolyDex at both Polygon and Binance SmartChain site at a fixed price based on WETH on a first-come, first-serve basis. The purchased tokens will be distributed linearly in 50 weeks.
PLX IDO on PolyDEX has completed successfully on June 1st, 2021.
- Total IDO tokens: 75,000,000 PLX
- Max IDO sales to public: 37,500,000 PLX
- Max cap: No
- Min cap: 0.1 ETH on Polygon and 0.5 BNB on BSC
- Acquisition: unlocked linearly in 50 weeks
- On Polygon: Thursday, May 28th at 00:00 AM UTC
- On Binance Smart Chain: Thursday 28th at 06:00 AM UTC
On Polygon Network: Users will be able to join the IDO using WETH with the fix rate of 1 WETH = 200,000 PLX.
On Binance Smart Chain: Users will be able to join the IDO using BNB. Price will be set based on BNB/ETH rate at the starting time of BSC IDO so that 1 WETH = 200,000 PLX.
*If users purchase IDO at Binance Smart Chain, PolyDEX will send a 0.1 MATIC bonus to users’ wallet for gas fee usage.
** Exchange addresses will not be accepted, only personal wallets with Polygon addresses or BEP-20 addresses.
Upon purchasing the IDO, users will receive fPLX tokens. Users then can burn their fPLX at https://www.polydex.fi/future-plx to start claiming their vesting.
Upon completion of IDO in 8 days, total IDO sales will be used to pair with equivalent PLX amounts to provide liquidity. The remaining PLX (unsold tokens) if any from Public sales and the balance of IDO will be burned after the event ends.
Last modified 1yr ago