Vortex DeFi ~ IDO Whitelist Announcement

Vortex DeFi IDO on DuckStarter

Vortex DeFi plans to provide you access to all leading platforms and protocols from a single web-based user interface. We are intending to provide everyone with an opportunity to invest in the vision of Vortex DeFi.

Vortex DeFi IDO

We are excited to announce that Vortex DeFi will be launching an Initial Dex Offering on the popular DuckStarter platform on Sunday, 28th February 2021.

DuckDAO is an incubator that helps promising blockchain projects to achieve their utmost potential by leveraging the financial power and potential of their dynamic community. They aim to democratize access to investment proposals that were previously available to well-heeled investors and venture funds, opening up the closed ecosystem of early-stage blockchain projects to the community.

DuckSTARTER is DuckDAO’s public token launchpad, a service platform for blockchain projects. It will act as the final bridge between early-stage projects and the community before the project goes fully public. Contributions to DuckStarter projects can be done with USDC. DuckStarter has a unique level system that requires users to hold a certain amount of DUCK tokens to participate in the launch platform.

You can learn more about them at:
1. DuckDao.io
2. Duckstarter.io

Whitelist Participation Details

IDO Whitelist is open now and will close on 17th February, 7.30 PM CET.

Those looking to participate in the Initial Dex Offering must join the Whitelist. We are aiming to create a fairly distributed opportunity to take part in our IDO and have given a specific set of requirements that must be met in order to qualify for the Final Whitelist.

In order to qualify for the Whitelist, participants must -

  1. Follow us on Twitter: https://twitter.com/vortexdefi
  2. Retweet our pinned IDO announcement on Twitter quoting the hashtag $VTX and @dao_duck, why you are excited to take part in the sale and tag at least two other friends in it.
  3. Join the Vortex DeFi Telegram Community & Announcement Channel: https://t.me/VortexDeFiOfficial
    https://t.me/VortexDeFi_Announcement
  4. Fill out this short form with your details:

THE WHITELIST IS NOW CLOSED

NOTE:

All lists will be checked in the form of ERC20 addresses, Telegram Handles, and Twitter Accounts. Any entry that hasn’t completed all of the steps above by the end of the round will be disqualified.

We are looking to give everyone a chance to participate in the IDO who clears the KYC, but with few limitations ~ To be announced later.

All selected whitelisters will be sent an email to complete their KYC and will be required to pass the Vortex DeFi’s KYC process in order to be able to participate in the IDO.

Token Sale Details

We will be deploying the VTX token pool on the DuckStarter platform on Sunday 28th February 2021, with a total of 2,500,000 VTX tokens being minted for the public sale.

We will be giving both DLP DUCK token holders and the public an opportunity to purchase the Vortex DeFi VTX token before the listing on Uniswap and various other popular exchanges.

Vortex DeFi IDO Information:

Important Data of Vortex DeFi IDO
Important Data of Vortex DeFi IDO

DuckStarter Platform Requirements:

  • Stake DLP Duck Tokens before the IDO to participate as per the tiers.
  • There is no minimum time-limit requirement to stake DLP Duck Tokens. Hence, The community can buy immediately before the IDO.
  • Staking DLP Duck tokens gives everyone an opportunity to buy more VTX tokens.

DuckStarter Tiers To Participate in Vortex DeFi IDO

DuckStarter Tiers
  • The Vortex DeFi IDO will be split into two main groups:
    1. Tier 0 will receive 40% of the allocation
    2. 60% of the allocation for users with DuckSTARTER tiers.
  • More details about this will be revealed in the near future by DuckDAO.

Token & Private Sale Information:

There was no seed round for Vortex Defi as the team bootstrapped the initial development of the Minimum Viable Product.

You can read in detail about it by clicking on this post by Vortex DeFi: https://medium.com/@vortexdefi/introducing-vtx-token-5c02dd481c30

Important FAQs:

  1. How to buy DLP Duck Tokens?

You can buy DLP Duck Tokens from Uniswap ~ Please click here.
Always make sure that you are trading from the correct DLP Tokens address:

0xc0ba369c8db6eb3924965e5c4fd0b4c1b91e305f

2. Is there any penalty to unlock DLP Duck Tokens after an IDO?

Yes, there are penalties to unlock DLP Duck Tokens after an IDO which can be very high if you try to unlock immediately post-sale. Please refer to duckstarter.io to see the exact penalties and the duration of staking required to mitigate them.

Disclaimer:

The team is not selling tokens using any other medium. There are no other whitelists, discounted tokens, alternative websites to purchase tokens, open investment slots, etc.

You can only purchase tokens from DuckSTARTER after we go live on the 28th of February.

Please make sure you’re following our Vortex DeFi Official channels:

Vortex DeFi team will never send you a direct message, email, or private message on any platform.

Vortex DeFi is the gateway to all the DeFi instruments under one eco-system.