INFORMATION
GENIUS DEX
GENS TOKEN
ISPO
Public Sale
Structure
General Information
The GENS Public Sale will distribute three (3) million GENS on the Genius X Launchpad.
Priority will be given to investors who participated in the Genius Yield ISPO. The first three rounds during the GENS Public sale will be tiered depending on the
Bonus Reward Program categories. Regardless of the GENS amounts and bonus rewards eligibility, all qualifying investors will earn the right to purchase in the upcoming Public Sale.
Even if you qualify for both a staking duration category (Diamond Hands, HODLer, FOMO) and a delegation amount category (Ape, Degen, Shark), you can still only buy in one round.
The GENS Public Sale will be divided into four (4) Rounds.
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Token Allocations
To ensure a secured allocation to every bonus reward eligible delegators, Genius Yield shall divide one (1) million GENS allocated to each Round by the highest number of eligible participants in all three (3) Bonus Reward tiers to determine the maximum allocation in GENS tokens. All GENS tokens not purchased in each of the first three rounds will be reallocated to Round 4.
For example, lets assume there are the following number of bonus rewards eligible delegators for each round:
5,000 eligible delegators for Round 1
3,500 eligible delegators for Round 2
4,000 eligible delegators for Round 3
Genius Yield shall divide one (1) million GENS for each Round by 5,000- the largest number of the three rounds.
Maximum allotment for each round would be 200.
This is to be fair to all qualifying investors. As the number of eligible delegators for each round will be different, this model ensures that every qualifying investor gets a chance to purchase allocated GENS fairly between all rounds.
The numbers used in the example above are fictional. The maximum individual allocations in each purchasing Round depending on the Bonus Reward Program statistics to be determined after the end of the ISPO after May 10, 2022, or Epoch 338. The minimum allocation will be a fraction of the maximum allocation and will be announced in due course. However, the GENS acquisition price denominated in ADA will vary between rounds.
KYC and Whitelisting
Due to Swiss law, all people participating in the public sale must complete the KYC process. Know Your Customer (KYC) are a set of standards used within the investment and financial services industry to verify customers. To be whitelisted for the public sale, you'll need to confirm your bonus rewards eligibility and complete the KYC process.
We are sorry to have to inform you that due to legal reasons, investors from the following countries cannot participate in the GENS Public Sale Rounds. With advice from our legal team and partners, we decided not to include the following countries because of regulatory reasons :
Albania, Barbados, Burkina Faso, Cambodia, Cayman Islands, Democratic People's Republic of Korea (DPRK), Haiti, Iran, Jamaica, Jordan, Mali, Malta, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Philippines, Senegal, Republic of South Sudan, Syria, Turkey, Uganda, United Arab Emirates, Yemen, Russia, Belarus, and the USA.
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ADA will be the only accepted cryptocurrency during this GENS Public Sale. All investors must submit required personal details as part of the mandatory KYC.
Last modified 13d ago
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