Announcing the KwikTrust Pre-sale Details and Whitelist Process
Congratulations to those YF-DAI stakers and farmers who successfully have secured an allocation of the KwikTrust token in the pre-sale!
The KwikTrust pre-sale will be hosted on the YFDAI LaunchPad built on Polygon (MATIC).
Learn how to participate in our hosted token sales on Polygon here: https://yfdaifinance.medium.com/how-to-participate-in-yfdai-launchpad-token-sales-on-polygon-756ae2eb01c9
The pre-sale will take place Monday, November 29th at 5 pm UTC.
Registration for the pre-sale is open until Midnight on Monday 22nd providing nearly 72 hours to register. We’ve included more details below, including a link to white-list registration form itself.
FYI: All YFDAI holders/stakers/farmers as of 30 days prior to the sale or longer are automatically whitelisted without exception.
If you don’t fall into any of these categories (e.g. starting holding YFDAI after the date / time indicated OR are not a current YFDAI holder/staker/farmer) you will have to register through the link below and while we cannot guarantee an allocation at the Pre-sale R1 price of $0.25, all registrants will be eligible to participate in the Pre-sale R2 at $0.75. The Public sale price has been set at $1.00 and negotiations are underway to hold this round as an IEO.
If you missed our AMA with the KwikTrust team members or haven’t yet learned about the project, we recommend you review our introductory article on the project here.
Participate in our next Pre-sale: YFDAI is increasingly being identified by many new projects as a valuable LaunchPad partner. Our principles of trust, security, transparency and our determination to ensure only the most reputable projects make it through has already started to attract industry attention. If you’d like to be eligible to participate in the pre-sale of token offerings on our LaunchPad, get started by either staking or farming YF-DAI now. After 30 days of staking or farming, you will become eligible to participate in all pre-sales going forward as long as you maintain any staking or farming token balance!
Now, let’s discuss the KwikTrust Sale.
KWIKTRUST Public Sale Details
The KwikTrust Pre-Sale R1 & R2 (Round 1 and Round 2) will take place on the YFDAI LaunchPad. There are a limited amount of tokens allocated for the sale. We will always do our best to ensure as many participants as possible can secure an allocation while balancing that effort with a sizable max cap per wallet for everyone.
The token that will be powering the KwikTrust platform is KTX.
For the KwikTrust pre-sale, the maximum cap for each individual wallet is $5,000 USD.
KwikTrust Pre-sale and Public Sale Overview
· Pre-Sale Date: Monday, November 29th
· Pre-Sale R1 Price: $0.25 per KTX token
· Pre-Sale R2 Price: $0.75 per KTX token
· Listing Price: $1.00 per KTX token
YFDAI Pre-sale Allocation:
· Total KTX Tokens in the YFDAI Pre-Sale R1: 3,200,000 tokens
· Total KTX Tokens in the YFDAI Pre-Sale R2: 1,000,000 tokens
· Vesting Schedule: For R1 & R2, 20% of KTX tokens will be unlocked and distributed at the Token Generation Event (TGE), and the remaining tokens vest in bi-monthly installments over 12 months.
· Public Sale: No vesting 100% of tokens released at TGE
· YFDAI LaunchPad Pre-sale Allocation (max): $5,000 USDT / wallet
· Participation: R1 via allocation, R2 first come, first served.
· Restricted Countries: USA, Singapore, and check your local and national jurisdictional regulations
How to Participate in the KwikTrust Pre-Sale
In order to participate in the KwikTrust pre-sale, you will need to register for whitelisting. This helps our effort to honour the YFDAI ethos of transparency and fairness.
If you started holding YFDAI after the 30 day prior to sale cut off date / time indicated OR are not a current YFDAI holder/staker/farmer) you will have to register through the link below. Preferences will always be given to YFDAI holders, stakers and farmers.
Public Sale Whitelist Registration: https://dashboard.yfdai.finance/detail/7
Or just visit the LaunchPad section of the YFDAI dashboard.
After whitelisting, you will be eligible to partake in the pre-sale. This will not guarantee an allocation if you are not a holding, staking or farming or selected as part of the KwikTrust lottery but it will allow you to participate in the sale if an allocation is available.
The KwikTrust pre-sale whitelist open and close dates are as follows:
· Whitelist Open: Now Open
· Whitelist Close: Monday 22nd, November midnight UTC
If you are not a current YFDAI holder/staker/farmer and want to participate in the sale, please follow these steps:
1. Fill out the Whitelisting form: https://dashboard.yfdai.finance/detail/7
2. Join KwikTrust’s Telegram Community Group — https://t.me/KwikTrustOfficial
3. Join YFDAI’s Telegram Community Group — https://t.me/yfdaifinance
4. Follow KwikTrust on Twitter — https://twitter.com/KwikTrust
5. Follow YFDAI on Twitter — https://twitter.com/YfdaiF
NOTE: It is important to complete each step above. Failure to do so will lead to potential exclusion from the sale and a refund will be processed.
On Monday, November 29th, the link to access the KwikTrust pre-sale R1 on YFDAI LaunchPad will be published at 5 pm UTC, at which time the sale will commence.
KwikTrust Token Distribution Schedule & Tokenomics
As mentioned, the token distribution schedule for the KwikTrust Public Sale is as follows:
· 20% of the KTX tokens purchased during pre-sale R1 distributed at TGE
· The remaining tokens will be distributed in bi-monthly vesting over 12 months.
And please feel free to review the full KwikTrust tokenomics breakdown:
For the full tokenomics detail, you can view it here: https://docs.google.com/spreadsheets/d/1Tw-3mDO3I1C0PqCjWFRfkj7N8x_2iV-0/edit?usp=sharing&ouid=103608888756704493666&rtpof=true&sd=true
The YFDAI team thanks each and every one of you for your engagement, support and shared excitement. We are committed to developing a truly robust DeFi ecosystem where community, fairness, safety, transparency and innovation are more than mere words.
As you get ready for the KwikTrust pre-sale, please continue to voice your questions and feedback in our main Telegram community channel. As we release more details on KwikTrust’s TGE and exchange listing, we will be sure to make more announcements so you are always in the know.
For more information on KwikTrust: