📐IDO Rules

I. Tier System

FuelPad offers a tiered system with various pool weights and staking requirements. These tiers determine the allocation ranges you can receive in an IDO.

1. Bronze

• Staking Requirements: 200,000 FUEL

• Pool Weight: 5

2. Silver

• Staking Requirements: 360,000 FUEL

• Pool Weight: 10

3. Gold

• Staking Requirements: 720,000 FUEL

• Pool Weight: 15

4. Platinum

• Staking Requirements: 1,000,000 FUEL

• Pool Weight: 25

II. IDO Models

FuelPad provides two distinct IDO models to cater to different investor preferences and risk profiles:

1. Protected IDO

In a Protected IDO, the distribution of tokens is managed based on the project's vesting schedule. The FuelPad Council (FPC) will oversee and make decisions to ensure investor funds are safeguarded.

• Example Scenario: You invest $1,000 in a Protected IDO with a vesting period of “30% at TGE, then linear vesting over 2 months.”

  • At TGE (Token Generation Event):

    • If the token price is above the IDO price within 24 hours, you can claim the tokens with no refund option.

    • If the token price is below the IDO price within 24 hours, the FPC will decide whether to offer a refund or allow token claims.

      • If Claim: You receive 30% of the IDO tokens.

      • If Refund: You get 30% of your investment, i.e., $300, back.

  • At 2nd Claiming Tranche:

    • The FPC will evaluate the situation again and decide.

      • If Claim: You receive 35% of the IDO tokens.

      • If Refund: You get 35% of your investment, i.e., $350, back.

  • At 3rd Claiming Tranche:

    • The process is similar to the 2nd tranche.

  • Note: This model does not include a 2-hour refund mechanism. It aims to fully protect investors' funds through the FPC’s oversight.

2. Self-Determined IDO with 2-Hour Refundable Mechanism

In a Self-Determined IDO, token distribution follows the project’s vesting schedule, but investors have the option to claim or refund their investment within 2 hours of TGE.

• Refund Mechanism:

  • Available For: All IDOs including Guaranteed, Community, KOLs, and MVKB rounds (excluding Private Sales).

  • Window: Refunds can be requested within 2 hours after the first claiming time.

  • Claiming Without Refund: If you claim at TGE, the remaining investment cannot be refunded.

  • Fees: Refunds are free of charge, though blockchain fees may apply.

• Token Distribution:

  • Tokens can be distributed via smart contract or manually. For manual distribution, transaction fees will be deducted from the tokens or in USDT on the ERC20 chain.

• Vesting Support: The final claim support issue will be available up to 2 months after the last vesting date. The pool will be removed after this period.