Apr 2, 2024
Apr 2, 2024
Apr 2, 2024
Claiming Velar Tokens Post-IDO: A Detailed Guide
Claiming Velar Tokens Post-IDO: A Detailed Guide
Claiming Velar Tokens Post-IDO: A Detailed Guide



Congratulations on securing your allocation in the $VELAR Initial Dex Offering (IDO)! As we approach the Token Generation Event (TGE), it's essential to understand how to claim your $VELAR tokens. This guide will walk you through the process, ensuring you can easily access your tokens.
Step 1: Confirmation of Transaction and Allocation
After your transaction is approved during the IDO, your $VELAR token allocation will be visible within the Velar app. This confirmation is the first step towards accessing your new tokens.
Check Your Allocation: Log into the Velar app using your participating wallet to view your confirmed allocation.
Step 2: Understanding Token Unlocking at TGE
The Token Generation Event marks the beginning of the token unlocking process. At TGE, 25% of your allocated $VELAR tokens become unlocked and available for claiming. The remaining 75% of your tokens will be unlocked in equal installments of 25% on a monthly basis over the next three months.
Initial Unlock: 25% of your tokens are unlocked immediately at TGE, ready to be claimed and utilized.
Monthly Unlocks: The remaining tokens will be unlocked in three equal installments of 25% each, released every 30 days after the TGE.
Full Unlock: By the end of the fourth month after the TGE, 100% of your $VELAR tokens will be unlocked and available for claiming.
It's important to keep track of these unlocking milestones to ensure you claim your tokens in a timely manner. Stay informed about the specific dates of each unlock by following official Velar communications and updates.
Step 3: Claiming Your Unlocked Tokens
After the TGE, your unlocked tokens are ready to be claimed. Here's how to access them:
Access the Velar App: After the TGE, log back into the Velar app using the same wallet address that holds your IDO allocation.
Navigate to the Claim Section: Within the app, find the 'Claim Tokens' section. This dedicated area will guide you through the claiming process.
Claim Your Tokens: Follow the on-screen instructions to claim your unlocked tokens. This process typically involves confirming a transaction on the blockchain, so be prepared for a minor transaction fee.
Completion: Once confirmed, your unlocked $VELAR tokens will be transferred to your wallet. They are now yours to hold, trade, or use within the Velar ecosystem.
Additional Points to Note
Subsequent Unlocks: Only 25% of your tokens are unlocked at TGE. The remaining tokens will unlock over time, according to the terms specified during the IDO. Stay informed about future claim dates to access your full allocation.
Security: Never share your private keys or seed phrases, and ensure you're interacting with the official Velar app and smart contracts.
Support: If you encounter any issues or have questions about claiming your tokens, reach out to Velar's support channels for assistance.
Conclusion
Claiming your $VELAR tokens post-IDO is a straightforward process designed with the community in mind. By following these steps, you can easily access your allocation and begin participating in the Velar ecosystem. The TGE marks the beginning of your journey with $VELAR, unlocking the potential of DeFi on Bitcoin's layer.
Stay engaged with the community and official channels for the latest updates, support, and information on your $VELAR tokens. Together, we're contributing to the future of decentralized finance.
Official Channels
Discord: https://discord.gg/velarbtc
Twitter: https://twitter.com/VelarBTC
Telegram: https://t.me/velarofficial
Congratulations on securing your allocation in the $VELAR Initial Dex Offering (IDO)! As we approach the Token Generation Event (TGE), it's essential to understand how to claim your $VELAR tokens. This guide will walk you through the process, ensuring you can easily access your tokens.
Step 1: Confirmation of Transaction and Allocation
After your transaction is approved during the IDO, your $VELAR token allocation will be visible within the Velar app. This confirmation is the first step towards accessing your new tokens.
Check Your Allocation: Log into the Velar app using your participating wallet to view your confirmed allocation.
Step 2: Understanding Token Unlocking at TGE
The Token Generation Event marks the beginning of the token unlocking process. At TGE, 25% of your allocated $VELAR tokens become unlocked and available for claiming. The remaining 75% of your tokens will be unlocked in equal installments of 25% on a monthly basis over the next three months.
Initial Unlock: 25% of your tokens are unlocked immediately at TGE, ready to be claimed and utilized.
Monthly Unlocks: The remaining tokens will be unlocked in three equal installments of 25% each, released every 30 days after the TGE.
Full Unlock: By the end of the fourth month after the TGE, 100% of your $VELAR tokens will be unlocked and available for claiming.
It's important to keep track of these unlocking milestones to ensure you claim your tokens in a timely manner. Stay informed about the specific dates of each unlock by following official Velar communications and updates.
Step 3: Claiming Your Unlocked Tokens
After the TGE, your unlocked tokens are ready to be claimed. Here's how to access them:
Access the Velar App: After the TGE, log back into the Velar app using the same wallet address that holds your IDO allocation.
Navigate to the Claim Section: Within the app, find the 'Claim Tokens' section. This dedicated area will guide you through the claiming process.
Claim Your Tokens: Follow the on-screen instructions to claim your unlocked tokens. This process typically involves confirming a transaction on the blockchain, so be prepared for a minor transaction fee.
Completion: Once confirmed, your unlocked $VELAR tokens will be transferred to your wallet. They are now yours to hold, trade, or use within the Velar ecosystem.
Additional Points to Note
Subsequent Unlocks: Only 25% of your tokens are unlocked at TGE. The remaining tokens will unlock over time, according to the terms specified during the IDO. Stay informed about future claim dates to access your full allocation.
Security: Never share your private keys or seed phrases, and ensure you're interacting with the official Velar app and smart contracts.
Support: If you encounter any issues or have questions about claiming your tokens, reach out to Velar's support channels for assistance.
Conclusion
Claiming your $VELAR tokens post-IDO is a straightforward process designed with the community in mind. By following these steps, you can easily access your allocation and begin participating in the Velar ecosystem. The TGE marks the beginning of your journey with $VELAR, unlocking the potential of DeFi on Bitcoin's layer.
Stay engaged with the community and official channels for the latest updates, support, and information on your $VELAR tokens. Together, we're contributing to the future of decentralized finance.
Official Channels
Discord: https://discord.gg/velarbtc
Twitter: https://twitter.com/VelarBTC
Telegram: https://t.me/velarofficial
Congratulations on securing your allocation in the $VELAR Initial Dex Offering (IDO)! As we approach the Token Generation Event (TGE), it's essential to understand how to claim your $VELAR tokens. This guide will walk you through the process, ensuring you can easily access your tokens.
Step 1: Confirmation of Transaction and Allocation
After your transaction is approved during the IDO, your $VELAR token allocation will be visible within the Velar app. This confirmation is the first step towards accessing your new tokens.
Check Your Allocation: Log into the Velar app using your participating wallet to view your confirmed allocation.
Step 2: Understanding Token Unlocking at TGE
The Token Generation Event marks the beginning of the token unlocking process. At TGE, 25% of your allocated $VELAR tokens become unlocked and available for claiming. The remaining 75% of your tokens will be unlocked in equal installments of 25% on a monthly basis over the next three months.
Initial Unlock: 25% of your tokens are unlocked immediately at TGE, ready to be claimed and utilized.
Monthly Unlocks: The remaining tokens will be unlocked in three equal installments of 25% each, released every 30 days after the TGE.
Full Unlock: By the end of the fourth month after the TGE, 100% of your $VELAR tokens will be unlocked and available for claiming.
It's important to keep track of these unlocking milestones to ensure you claim your tokens in a timely manner. Stay informed about the specific dates of each unlock by following official Velar communications and updates.
Step 3: Claiming Your Unlocked Tokens
After the TGE, your unlocked tokens are ready to be claimed. Here's how to access them:
Access the Velar App: After the TGE, log back into the Velar app using the same wallet address that holds your IDO allocation.
Navigate to the Claim Section: Within the app, find the 'Claim Tokens' section. This dedicated area will guide you through the claiming process.
Claim Your Tokens: Follow the on-screen instructions to claim your unlocked tokens. This process typically involves confirming a transaction on the blockchain, so be prepared for a minor transaction fee.
Completion: Once confirmed, your unlocked $VELAR tokens will be transferred to your wallet. They are now yours to hold, trade, or use within the Velar ecosystem.
Additional Points to Note
Subsequent Unlocks: Only 25% of your tokens are unlocked at TGE. The remaining tokens will unlock over time, according to the terms specified during the IDO. Stay informed about future claim dates to access your full allocation.
Security: Never share your private keys or seed phrases, and ensure you're interacting with the official Velar app and smart contracts.
Support: If you encounter any issues or have questions about claiming your tokens, reach out to Velar's support channels for assistance.
Conclusion
Claiming your $VELAR tokens post-IDO is a straightforward process designed with the community in mind. By following these steps, you can easily access your allocation and begin participating in the Velar ecosystem. The TGE marks the beginning of your journey with $VELAR, unlocking the potential of DeFi on Bitcoin's layer.
Stay engaged with the community and official channels for the latest updates, support, and information on your $VELAR tokens. Together, we're contributing to the future of decentralized finance.
Official Channels
Discord: https://discord.gg/velarbtc
Twitter: https://twitter.com/VelarBTC
Telegram: https://t.me/velarofficial
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Subscribe to our newsletter Bitcoin Bytes for timely insights, razor-sharp analysis, and real alpha about the rapidly evolving Bitcoin ecosystem.
No spam, only alpha!