WeStarter x PentaLaunch (ETH) Auction Subscription Guide
1. Basic Auction Information
Auction Quantity: 120,000 $WAR
Start Price: 0.25 U
Curve Highest Price: 0.25 U
Opening Time:04/29/2021 20:00 SGT
Time to claim:04/30/2021 21:00 SGT
Auction Platform:PentaLaunch (ETH)
Maximum Purchase Limit: 400 $WAR each address
Auction Payment: USDC
Auction Curve: Y=0.25 U
2. Important Note:
1. Please cautiously measure the risks of token purchase before your participation.
2. We recommend you to set gasLimit to 300,000 if the transaction fee is too high.
3. Please note that USDC requires approval before payment can be made, which cost ETH as transaction fees.
4. As PentaLaunch is an open platform for token auctions, please take precautions to guard against fraud.
3. Operation Guide
Step 1: open the PentaLaunch Website.
Click https://curve.auction/#/ to open the website in Google Chrome.
Step 2: install the MetaMask wallet.
Install the MetaMask wallet plugin (https://metamask.io/). Skip this step if you have already installed the MetaMask wallet plugin.
Step 3: switch the network into Ethereum network.
Confirm that the MetaMask configuration is set on the Ethereum network
A note below will pop up if the Ethereum network wasn’t connected:
Step 4: prepare enough USDC and ETH in your wallet.
USDC is the capital used to pay the auction of $WAR. Each wallet address is only allowed to purchase up to 0.5 $WAR, which may cost about 1,000 to 2,500 USDC;
ETH is used to pay the transaction fees (GAS) to ensure the success of auction payments. Please prepare at least 0.2 ETH.
USDC and ETH can be purchased in centralized exchanges such as Huobi Global, Binance, and OKEX. After purchase your USDC can then be transferred to your MateMask wallet.
Step 5: enter the $WAR auction interface.
Click https://curve.auction/#/to participate in the auction. Choose the $WAR auction and subscribe to the token.
During the auction the token displayed will be b$WAR. Upon conclusion of the auction b$WAR can be redeemed into $WAR. (The screen shot below is for reference only as the auction hasn’t opened yet)
Please click JOIN to enter the auction interface.
Step 6: set up and participate in the auction.
- Confirm the purchase quantity (Maximum Limit: 400 $WAR)
2. Click BUY.
3. Confirm the risk tip.
4. Approve the curve contract to use your USDC token before the first purchase.
5. Authorized your transaction in MetaMask.
6. You can buy $WAR after authorization is complete.
We recommend you to set gasLimit to 300,000 if the transaction fee is too high.
7. When the purchase is completed, the $WAR you bought will be displayed on the page. The Bonding Curve Token shows the tokens you bought at auction.
Step 7: redeem your tokens to your wallet.
After the auction has finished (04/30/2021 21:00 SGT), you can open the auction page, and click REDEEM to redeem your tokens to your wallet.
What is PentaLaunch?
PentaLaunch is a bonding curve auction tool that allows open source projects and decentralized organizations to conduct token auction with customized curves. The platform was acquired by Dora Factory in late March.
PentaLaunch Social Media:
What is WeStarter?
WeStarter is a cross-chain token initial swap platform which based on HECO network. Through the fluency of the product and sufficient industry resources, it carries the requirement of funds and resources for a variety of asset types. With the role of gatekeeper, through the decentralized incentive and governance mechanism of tokens, to achieve the goal of selecting high-quality assets.
WeStarter Social Media:
WeStarter telegram Group：
Telegram Chinese community：https://t.me/westarter_chinese
Telegram English community：https://t.me/westarter_official
Telegram announcement channel：https://t.me/westarter_announcement
Telegram Vietnamese community：t.me/WeStarterVN
Telegram Japanese community：t.me/WeStarterjapanese