We are very excited to announce the PolyDEX Initial Decentralized Exchange Offering (IDO). There will be a limited supply of 37,500,000 tokens for purchase on PolyDex at both Polygon and Binance SmartChain site at a fixed price based on WETH on a first-come, first-serve basis. The purchased tokens will be distributed linearly in 50 weeks.
The contract address on both Polygon and BSC will be announced by the team through our official Telegram & Twitter channel only. Please beware of the fake contract address.
IDO Details
- Total IDO tokens: 75,000,000 PLX
- Max IDO sales to public: 37,500,000 PLX
- Price: 1 WETH = 200,000 PLX
- Max cap: No
- Min cap: 0.1 ETH on Polygon and 0.5 BNB on BSC
- Acquisition: unlocked linearly in 50 weeks
When will the IDO start?
- On Polygon: Thursday, May 28th at 00:00 AM UTC
- On Binance Smart Chain: Thursday 28th at 06:00 AM UTC
How to join the IDO?
The official IDO Site will be live at: https://www.polydex.fi/ido
On Polygon Network: Users will be able to join the IDO using WETH with the fix rate of 1 WETH = 200,000 PLX.
On Binance Smart Chain: Users will be able to join the IDO using BNB. Price will be set based on BNB/ETH rate at the starting time of BSC IDO so that 1 WETH = 200,000 PLX.
*If users purchase IDO at Binance Smart Chain, PolyDEX will send a 0.1 MATIC bonus to users’ wallet for gas fee usage.
** Exchange addresses will not be accepted, only personal wallets with Polygon addresses or BEP-20 addresses.
How to claim PLX?
Upon purchasing the IDO, users will receive fPLX tokens. Users then can burn their fPLX at https://www.polydex.fi/future-plx to start claiming their vesting.
Other notes:
Upon completion of IDO in 5 days, total IDO sales will be used to pair with equivalent PLX amounts to provide liquidity. The remaining PLX (unsold tokens) if any from Public sales and the balance of IDO will be burned after the event ends.
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About PolyDEX
PolyDEX is an AMM and yield farm on Polygon (MATIC), with innovative gamified farming mechanics and widening the investment range.
Website: https://www.polydex.fi/
Telegram: https://t.me/polydex.fi
Telegram: https://t.me/polydexannouncement
Discord: https://discord.gg/WtksUPQSRm
Medium: https://medium.com/polydex
Twitter: https://twitter.com/polydexfi
