We are pleased to announce that OpenOcean IDO whitelisting will start now on Wednesday, 19 May 2021 @ 12:00 PM UTC. The project has received great support and excitement from the communities, and the much anticipated IDO is now one step towards getting the $OOE token out there in the hands of the community.

With the tokens, holders can participate in protocol governance such as voting and enable its utility to benefit from gas fee and slippage subsidies, liquidity mining, VIP membership, derivatives combined margin, and collateral as margin for lending.

Important information and terms

The whitelist event will start on Wednesday, 19 May 2021 @ 12:00 PM UTC.

IDO date: TBA
Total tokens for sale: 3,750,000 OOE tokens
Token price: $0.04 per $OOE token
Max. participants: 300 Subscribers
Subscription: $500 per subscriber, equivalent to 12,500 OOE
Chain: Binance Smart Chain
Vesting: 20% release on Token Generation Event (TGE), 80% released quarterly over a 2.5 year time period
Pool type: First come, first serve (FCFS)
KYC: Required accordingly to below criteria
Must hold at least 250 POLS

Polkastarter has implemented an updated whitelist requirements and lottery system to avoid scams and bots and provide a fair and transparent IDO event. Read more details below:

https://blog.polkastarter.com/polkastarter-whitelists-just-got-a-whole-lot-better/