The Initial Dex Offering (IDO) of $VELAR is an opportunity for early adopters to be part of a new DeFi project. This blog post will guide you through the process of participating in the $VELAR IDO, ensuring you know exactly what to do to secure your spot.

Phase 1: Whitelist-Only Access

The first phase of the $VELAR IDO is reserved for whitelisted users—a group of early supporters who have shown interest in the project. If you are on the whitelist, you can participate in this initial phase.

Here's what you need to know about Phase 1:

• Eligibility: Only whitelisted addresses can participate in this phase.

• Purchase Limit: Each whitelisted address can buy only one ticket, valued at $200.

• Allocation: Participation is on a first-come, first-serve basis due to limited allocation.

• Timing: 20:00 UTC (2nd April) - 8:00 am UTC (3rd April)

To participate in Phase 1:

1.  Check your whitelist status by verifying your address on the official $VELAR IDO whitelist.

2.  Ensure your wallet has at least $200 plus any applicable transaction fees.

3.  Access the $VELAR IDO platform with your whitelisted address when the IDO begins.

4.  Follow the on-screen instructions to buy your $200 ticket. The transaction will be confirmed on the blockchain.

Phase 2: Open for All

If any tickets remain unsold at the end of Phase 1, Phase 2 will commence.

• Participation: Phase 2 is open to all, regardless of whitelist status.

• Ticket Availability: Remaining tickets from Phase 1 will be available for purchase.

• Timing: 8:00 am UTC (3rd April) - 10:59 am UTC (3rd April)

To participate in Phase 2:

1.  Stay updated on official $VELAR communications to know when Phase 2 starts.

2.  Access the $VELAR IDO platform quickly once Phase 2 is announced.

3.  Purchase your ticket promptly, as this phase is also on a first-come, first-serve basis.

Important Reminders

• Secure Your Private Keys: Never share your private keys or seed phrases with anyone.

• Verify Details: Always double-check transaction details before confirming.

• Act Quickly: Given the limited number of tickets, act swiftly to secure your participation.

• Seek Assistance: If you encounter any issues or have questions, contact the Velar support channels for help.

Conclusion

The $VELAR IDO is an opportunity to become an early supporter of a new DeFi project. Whether you're a whitelisted early supporter or a new participant ready to join in Phase 2, your involvement contributes to the project's success. Prepare, participate, and be part of the $VELAR journey.

Stay informed about the $VELAR IDO by following official channels, and get ready to contribute to the DeFi ecosystem.

Official Channels

• Discord: https://discord.gg/velarbtc

• Twitter: https://twitter.com/VelarBTC

• Telegram: https://t.me/velarofficial