Tidal Finance’s PolkaStarter IDO Whitelisting is Now Open

Tidal Finance
3 min readMar 17, 2021

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We are thrilled to announce that we’re driving at warp speed into the next phase of Tidal Finance’s public distribution process on Polkastarter.

With that in mind, we’re glad to let our supporters and community members know that the whitelisting process for the Public distribution IDO is now open.

The IDO is scheduled on Polkastarter for 23rd March 2021.

Access the Tidal Sale page here:https://sale.tidal.finance/

IDO Details

$100,000 worth TIDAL tokens will be allocated to the public sale (IDO) at $0.375 cents/token.

A total of 250 Addresses will be whitelisted and offered a maximum allocation of $400.

The IDO on Polkastarter will have two pools

  • Public participants: Contributions are accepted through valid ERC-20 (no exchange) addresses that are whitelisted.
  • $POLS holders: This dedicated pool is for the Polkastarter community. You need to hold 3000 $POLS or be a $POLS Liquidity Provider on Uniswap token to get access to the pool.

Both $POLS holders and public participants should submit their entries in the same whitelisting form.

Only whitelisted addresses will be allowed to participate in the IDO.

Random Lottery Method for Whitelisting

Tidal Finance will be allocating $100,000 worth of TIDAL tokens on Polkastarter. The tokens for early supporters participating in the whitelisting phases will be allocated at $0.375 /token.

We will employ a random lottery method in order to promote fair and transparent distribution of the $TIDAL. We will simultaneously work with the Polkastarter team to shortlist valid ERC-20 addresses, valid Telegram handles, Twitter accounts and any duplicate entries/bot addresses.

In case of duplicate entries, the participants will be disqualified.

Tidal Finance’s Polkastarter IDO Whitelisting opens on 17th March and closes on 21st March 3:00 PM UTC.

Steps to participate in Tidal Finance’s IDO

The Polkastarter IDO Whitelisting phase closes on 21 March at 3 PM UTC.

Mark your calendars and get ready as Tidal Finance makes DeFi safer.

About Polkastarter

Polkastarter is a permissionless DEX built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot. With Polkastarter, decentralized projects will be able to raise and exchange capital cheap and fast. Users will be able to participate in a secure and compliant environment and to use assets that go way beyond the current ERC20 standard.

About Tidal Finance

Tidal Finance makes DeFi safer by providing insurance coverage for assets across chains in custom balanced liquidity pools. With Tidal, Users can select risk pools by choosing any combination of protocols/assets and their coverage terms (premium, cover period, etc). Liquidity Providers, on the other hand, can invest in pools that suit their risk/reward ratio.

✳️ Official Website: https://tidal.finance/

✳️ Medium: https://medium.com/tidal-finance

✳️ Twitter: https://twitter.com/tidaldefi

✳️ Announcements Channel: https://t.me/tidalann

✳️ Telegram Channel: https://t.me/tidalglobal

📗Intro to Tidal Medium blog: https://medium.com/tidal-finance/introducing-tidal-open-marketplace-for-programmable-insurance-1a48b1d497eb

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Tidal Finance

Tidal Finance is the first flexible DeFi insurance platform and marketplace offering the highest APYs in the industry. https://tidal.finance/