KlayCity is pleased to announce the ORB revenue occasion on OKX Jumpstart from 09:00 on March 21, 2022 (Vietnam time).
Registration particulars
- Hours: 09:00 – 17:00 on March 21, 2022 (Vietnam time).
- Opening rate: one ORB = $ .035
- Rate: Determined by the OKB rate at 23:00 on 21/03/2022 just after the registration time period
- Registration guidelines: minimal one ORB, optimum 50,000 ORB.
- Allocation coefficient: see much more particulars here
- Benefits for KlayCity NFT owners: Receive more rewards.
Conditions of participation
- Only end users from designated nations who full KYC two verification can participate in registration.
- The user’s cumulative trading volume will have to exceed USD five,000 inside thirty days prior to registration.
Instructions for participating in IEO
Step one: how to get increased allocation?
- The much more OKB holds a consumer for three consecutive days just before the sale, the much better the odds of acquiring much more allocation coefficients.
- Snapshot rule: KlayCity will consider user’s OKX account randomly to determine OKB every day holding which include Funding Account, Trading Account and Financial Account.
- If the minimal and typical amount of OKB holdings match distinct allocation ratios, the increased will apply and continuing holding of OKB will guarantee a increased allocation.
View Allocation Multiplier: Users can see their OKB snapshots and allocation multiplier on the OKK Jumpstart web page.
Example: User A with OKB Holdings for three days is respectively: 50 OKB, two,000 OKB and three,950 OKB. So the minimal three-day suspension of A is 50 OKB and the corresponding allocation element will be sixteen.
A’s three-day typical holding is two,000 OKB ([50 OKB + 2.000 OKB + 3.950 OKB] / three) and the corresponding allocation element is twenty.
KlayCity will consider the greater amount, which for A the allocation element is twenty.
Step two: How to participate in the token sale
- Only OKB is supported when offering tokens.
- The exchange fee will be established by the OKB rate one day prior to the sale at 23:00 (UTC), topic to OKK Jumpstart.
Step three: allocate
- At the finish of the allotment time period, the token will be credited to the user’s OKX Funding Account and the corresponding OKB will be deducted. If any ỌKB is even now held for registration, the remaining OKB will be launched.
- The allocation calculation will comply with the following allocation formula:
For illustration:
Users A, B, C and D want to participate in the assignment session. Assume the user’s OKB snapshots are as follows:
According to the table over, the allocation coefficients of A, B, C and D will be twenty, one, thirty and twenty respectively. Assuming that the provide of that session is 2000 tokens, then the amount of subscriptions of A, B, C and D are respectively 500, 50, one thousand and one.000. The precise assignment will be as follows:
About KlayCity
KlayCity is a P2E virtual actuality globe wherever county NFT owners can operate, check out and earn even though enjoying a gaming practical experience. With the notion of reviving the land, gathering assets, restoring the population and expanding the territory. Based on Klaytn, KlayCity focuses on the gamification of DeFi and NFT into a single ecosystem.
Find out much more about the task: Website | Twitter | Telegram | Discord
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