we wanted to apologise for the confusion on yesterday’s post on the participation requirements for our Initial Dex Offering (IDO) on Polkastarter.
Our goal is to give the community the opportunity to get $FIRE token early, and at a fixed price!
The whitelist was created to make sure no bot gets the chance to front-run the decentralised sale, and to filter ineligible participants from China, Singapore and the USA. FYI the is closed!
Until today 6pm SGT we had about 34k entries on the whitelist, but only 5k are valid! We can assume most invalidated are bots, since the 4 steps to join are clear. That’s why it’s important to filter prior to IDO…
The IDO will take place on 28/12/2020 at 21:00 SGT on Polkastarter.com, where USD50K of ETH will be raised, of which $25K will be exclusively made available to POLS token holders (1000 POLS). The total of 200 people (who passed the whitelisting) will be able to each buy USD250 worth of $FIRE tokens for only USD0.12! Hence, the IDO price is almost the same as our strategic investor round (USD0.10)!
We will announce details on the Uniswap listing, the price and initial cap, and our liquidity mining program exclusively in our AMA with Polkastarter on 27/12/2020 at 23:00 SGT!
Don’t miss it!😎
Fire Protocol is the first infrastructure to Huobi (Smart) Eco Chain (HECO), the first batch member of developers invited to test HECO (an Ethereum compatible Public Chain for Blockchain Developers).
Key products are:
⁃ DEX/Swap: Fireswap is fast and secure trading service; Liquidity Mining
⁃ Cross Chain Wrapping solutions to bring non-Huobi Chain assets via into the Huobi Ecosystem from various chains; eg Ethereum, Tron, Polkadot (in future)
⁃ Money Market with Lending and Borrowing solution; fully integrated with our DEX > Liquidity Providers’ token on our DEX serve at the same time as collaterals on borrowing/ lending protocol > this is unlocking capital for ore liquidity overall
Fire Protocol is like the combination of Uniswap and Compound with better performance thanks to HECO — low gas fee, high speed and security.