English news

SIDUS HEROES IDO on SpaceSwap Starter platform: the details

In preparation of the upcoming IDO for the new SIDUS HEROES play-to-earn game, we would like to provide some preliminary details and remind you about the crowd-sale process on our SpaceSwap Starter launchpad. Please see below.

Coins:
SIDUS: 30,555,555 coins at $0.0018 
SENATE: 305,555 coins at $0.18

Sale blockchain: Binance Smart Chain
Distribution blockchain: TBA
Sale date: 15th Dec

Why you need MILK2


To participate in any SpaceSwap Starter event, users need to stake SpaceSwap’s native MILK2 token. The minimum stake is 5,000 MILK2 for any blockchain network. The minimum and maximum numbers may be subject to change. If this occurs, we will release a separate announcement.

Why stake?

Every registered participant of the token sale will be receiving their own token allocation, based on their share of the total amount staked. Staking MILK2 is a prerequisite for participating in the event.  

Important tip: You can stake your tokens at any time so that you always have them prepared for any token sale you choose in the future.

How we count users’ allocation

Let’s say Anna, Beth and Dylan decide to participate in the token sale. The amount of MILK2 they each stake is as follows:

Anna - 5,000 MILK2
Beth - 5,000 MILK2
Dylan - 10,000 MILK2

The total amount (100%) of MILK2 staked is 20,000. Anna gets 25%, Beth also gets 25% and Dylan gets 50% of the allocation. That means that Anna and Beth will each be able to buy 25% of the tokens sold during the event, while Dylan will be able to buy 50%. 

Note: they are not obliged to buy these tokens. Allocation only gives you the RIGHT to buy. Whether you buy or not and how much you buy - that is your own decision.


Staking and withdrawing MILK2 tokens. The Stages.

The staking process on the SpaceSwap Starter platform has 2 stages:

  1. Staking - sending MILK2 to the contract address for allocation counting.

The initial stake equals the minimum stake, which is 5,000 MILK2. You can also  stake additional MILK2 tokens.

Example:

  • You have staked 5,000 MILK2. After a while, you want to stake more. You can stake an additional minimum of 1 MILK2.
  • You have staked 5,000 MILK2. After the lock period of 7 days, you decide to withdraw part of the funds (2,000 MILK2). The remainder is 3,000 MILK2. Next time, you will be able to stake at least 2,000 MILK2 so that the total stake is not less than the minimum stake, which is 5,000 MILK2.

2. Withdrawal - the withdrawal stage, when users receive their funds in their wallets.
Upon deposit, the counter begins the 7 day countdown and at the end of the 7 days, the withdrawal of funds is automatically made available. You can withdraw all your funds or just part of it. When withdrawing partial funds, the coins that remain staked will be factored into the calculations when working out your personal allocation in the token sale.

The counter starts a new countdown (zeroes out) with each new deposit. If you make a deposit, after 5 days have passed, the counter displays the possibility of withdrawal after 2 days. You decide to make an additional deposit and as soon as you make that deposit, the counter will start counting down the 7 days for the entire amount staked.
We will release a separate announcement on the activation of the STAKE button. We strongly suggest that you get acquainted with all the details of the event.

More details here: https://blog.spaceswap.app/tpost/dypyo7hg51-spaceswap-starter-on-binance-smart-chain

Note!

Staking MILK2 tokens alone does not enable you to participate in the sale, nor does it oblige you to do so. After staking your tokens, you will need to register for the sale.
Push the ‘PARTICIPATE’ button for this. This button stays inactive if one or more token sale conditions are not met.

The activation of the button will be announced separately. 

To buy tokens, you will need some stablecoins. The sale stablecoins and other details will be announced later. Follow the news!

Website: https://spaceswap.app 
Telegram: t.me/SpaceSwap
Twitter: https://twitter.com/spaceswapdefi
Blog: https://blog.spaceswap.app
Discord: https://discord.com/invite/4hvxZNWGHP