Octopus Protocol IDO on Bounce Finance Timeline Details

Octopus Protocol
3 min readJun 10, 2021

After weeks of preparation, we are excited to announce that the Octopus Protocol IDO on Bounce Finance will go live today, on June 10th at 4 PM UTC. Please note that only the whitelist winners who have successfully completed their KYC process will be able to participate in the token sale.

Important: The Bounce Pool will be made open for wOPS token instead of our native utility token — $OPS. After our IDO announcement on Bounce Finance, several pools claiming to be selling OPS tokens went live on the platform. However, please note that all these pools were a way for attackers to scam the Octopodes community. In order to protect our Octopodes community from attackers, we have decided to open the Bounce pool with wOPS ticker.

Users will be able to swap their wOPS tokens with OPS on TGE. Please note that only whitelisted address will be able to swap their wOPS tokens with OPS tokens on TGE.

All winners who have completed their KYC will receive an email from our official source: info@octopus.exchange. Please note that we will not share information on social media or any other channels except on your registered email address.

Important Information

Tokens Sold

666,667 wOPS tokens

Sale Price

$0.15

Max Cap

The max cap per person is $250

Whitelist winners

To check whether you made the whitelist please look for an email from info@octopus.exchange.

Total Raise

An equivalent of $100,000 will be raised from the Octopus Protocol IDO on Bounce Finance.

Token Sale timeline

Below is the timeline indicating the key events that will occur on the day of our launch on Bounce Finance on 10th June. All times stated are in UTC.

12:30 PM

The KYC deadline will officially close at 12:30 PM UTC. Only the whitelisted winners who have successfully completed their KYC can participate in the IDO sale.

3:30 PM

We release Token Contract Address information and our ticker via our official Twitter and Telegram ANN Channels.

3:45 PM

We will mute the Octopus Protocol Community Telegram channel and Discord channel.

3:57 PM

All whitelisted KYC winners will receive information of ‘Bounce Private Pool Password’ on their registered email address from our official source: info@octopus.exchange

4:00 PM

The Octopus Protocol IDO on Bounce Finance for wOPS pool will commence

Safety

Please note that no OPS tokens are being distributed right now. We are NOT selling tokens anywhere right now. If someone is offering you tokens without KYC it is a scam.

Do not fall victim to scams!

The only official channels for updates from Octopus are:

Telegram Community Channel
https://t.me/OctopusProtocol

Telegram ANN Channel
https://t.me/OctopusAnnouncements

Twitter:
https://twitter.com/octopusprotocol

Again, a gentle reminder to be cautious of accounts that may try to impersonate someone from the Octopus Protocol team.

Final words

This was truly not possible without your support Octopodes. We want to thank everyone for their involvement and we wish you best of luck. We appreciate your participation and look forward to what’s next!

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.

In the upcoming days, we have many more updates and exciting news for you. So make sure to -

Visit our Website
Join our Telegram
Follow us on Twitter
View our LitePaper
See our One-Pager
Join our Discord

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Octopus Protocol

Octopus Protocol, a robust DeFi protocol built on the BSC, allows issuance, trade, and management of decentralized derivative assets. https://octopus.exchange