Octopus Protocol is excited to announce that it will conduct its Initial DEX Offering (IDO) on the Bounce Finance platform.
Bounce is a decentralized auction platform incorporating a competitive swap environment. The decentralized platform empowers the community to curate high-quality institutional-backed projects only. Octopus Protocol has partnered with prominent institutions in the blockchain space including Master Ventures and Insignius Capital.
The token sale of Octopus Protocol on Bounce Finance will be held on Wednesday, 9th June at 12 PM UTC and will continue till Friday, 11th June, 9 AM UTC.
In this sale, 666,667 OPS tokens will be offered at a fixed price of $0.15 per OPS token. A total of $100,000 will be raised from the IDO on Bounce Finance.
400 lucky people will receive an allocation of $250 of OPS token.
Here are some of the important guidelines to participate in this token sale.
Octopus Protocol x Bounce Finance Participation Details
- Whitelisting starts — June 5th, 12 PM UTC
- Whitelisting ends — June 8th, 7 AM UTC
- Winners ANN — June 8th, 10 AM UTC
- KYC process opens — June 8th, 12 PM UTC
- KYC process closes — June 9th, 7 AM UTC
- Vesting schedule — 40% on TGE, 20% weekly linear release.
About Octopus Protocol
Octopus Protocol, a robust DeFi protocol built on the Binance Smart Chain (BSC), allows issuance, trade, and management of decentralized derivative assets. Leveraging the technological innovation of blockchain, Octopus Protocol facilitates a platform that offers unparalleled access and exposure to real-world assets, thereby enabling a fair way to engage with synthetic assets and giving equal opportunities to access derivatives.
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