Launchpad is a program that helps connect potential blockchain projects with the community by selling project tokens to investors at ONUS. Projects need to go through rigorous selection before participating in Launchpad.
Specifically, after being selected and appraised by the ONUS team, all Launchpad projects will need to pass the Voting round of the community before being officially opened for sale. This is to create a democratic and transparent environment for all ONUS users.
Launchpad projects on ONUS are released by partners, so we only act as an intermediary platform to support the offering.
Launchpad registration conditions
- You must be VIP level 2 or higher
- You need to hold an amount of ONUS Lock (Margin) and an amount of ONUS in ONUS Shares to get the right to buy Launchpad. The higher the quantity, the more buying rights will be increased
Stages of a Launchpad Program
Stage 1: Determine the maximum purchase right
The right to buy is determined by the total amount of ONUS Lock (Margin) and the amount of ONUS in your ONUS Shares before the time of subscription opening.
Stage 2: Register to buy
ONUS will announce when you can start to subscribe. Orders usually take place within 1 day. After that, the amount of ONUS you register will be loaded into the Launchpad pool of the token being offered for sale. This amount of ONUS will be temporarily locked and reopened after the token allocation process.
Stage 3: Token Allocation
After the end of the subscription period, the ONUS system will finalize your order amount and make the token allocation. You will be distributed the number of tokens equivalent to the ONUS rate you staked into that token's Launchpad pool.
As such, you will buy tokens, but the purchase volume will depend on the allocation rate. You may not be able to purchase with the total amount of ONUS deposited, and the system will refund the remaining ONUS.
However, you will not receive the number of tokens at the moment. According to each developer's policy, you will receive tokens and remaining ONUS after their convention (about 1-2 days).
Stage 4: Get Tokens
After ONUS completes the token allocation, please open the Launchpad page on the app and press the Get button to receive the offered tokens and the remaining amount of ONUS.
Features will be opened after the token allocation is completed
- Open an exchange transaction
- Open an On-chain/Off-Chain transaction
To update the latest Launchpad programs, you can access the ONUS app or visit the official website: https://goonus.io/en/