Ideaology has implemented vesting on our website.
Vesting is officially live!
Let’s get into what vesting will offer, the benefits, the rules, and everything you need to know!
What exactly is Vesting?
Crypto vesting is the act of restricting the sale of a token for a predefined period of time. In plainer terms, it is the time an investor must wait until they gain full control over their assets.
Which are the benefits of a token vesting period?
The user who buys the pool with BUSD, will in return gain pool owner tokens, on a monthly basis with their respective “trade value” and “vesting percentage” that the pool owner sets.
Once the user buys the pool, they can start claiming the vesting amount monthly.
The users will be getting a notification through email, for claiming vesting tokens opportunity if they skip claiming. This way everyone will be aware of their current situation regarding claiming.
Rules/Guideline
1. To apply to the pool the user needs to have a minimum of 10,000 $IDEA. Any user with an amount below 10,000 will not be eligible to participate.
2. Users cannot claim until the pool claiming time and vesting time of 1 month have passed. Every user will have to wait for the time period to be complete, and after it has passed, they will be able to claim.
3. In case a user skips claiming after a period of 1 month or more, they can claim everything they have skipped in the upcoming month.
Example: A user has missed 4 claims, in May, June, July, and August. They can claim the total sum of those 4 months in the upcoming month, plus the sum of the upcoming month, which in the example would be September.
4. Once the pool claiming time is complete, users can start claiming their vesting after 1 month of vesting claiming time.
5. The vesting amount is calculated according to the vesting percentage, with respect to the amount the users buy in the pool, and with respect to trade value set by the user.
6. The monthly vesting terms depend upon the purchase amount, trade value, and vesting percentage.
7. The vesting claim will continue until the amount is greater than zero.
8. The vesting amount decreases gradually until it becomes zero, or less than the vesting claiming amount.
9. Every month, users will get the same vesting amount until the last, but one term and the leftover amount will be given to the users as the last term amount.
This is pretty much it for now. Make sure to stay for updates in case anything changes or is added.
About Ideaology
Ideaology is a blockchain project that strives to connect three types of users on one unique business network platform.
Innovators, developers and investors connected in one platform create an ecosystem which covers four steps from initial idea to crowdfunding.
As the crowdfunding part of Ideaology ecosystem, we present IDO as a multi-chain fixed swap application.
Ideaology is a multi-chain IDO platform on Ethereum, BSC (Binance Smart Chain), Polygon which serves as a permissionless DEX geared into actualizing cross-chain token pools and auctions, thus facilitating fund raising of cryptocurrency projects in a decentralized and interoperable environment.
With Ideaology, cryptocurrency projects can easily raise funds by setting up a swap pool based on a fixed purchase rate for tokens on the Ideaology IDO launchpad. End-users will be able to join the projects as whitelisting participants in our secure and rule-abiding service environment.
Though initially being an IDO platform, Ideaology, as a full-fledged DEX, is also to provide with users an easy-to-tap-into yield farming taken up by Ideaology-connected token pairs.
Ideaology will contain two launchpads designed for founders (IDO) and for developers. The second launchpad will serve as a decentralized freelance application which can help founders create early teams and developers find projects where they can collaborate.
Stay tuned and don’t miss any exciting news!
You can find us on:
- Twitter: https://twitter.com/ideaologyio
- Website: https://ideaology.io/
- Facebook: https://www.facebook.com/ideaology.io
- Telegram: https://t.me/ideaologyio
- Announcements Telegram: https://t.me/ideaologyannouncement
- LinkedIn: https://www.linkedin.com/company/ideaology-io
