The $FRAG IDO checker is now live.
ByReal just opened its public beta and revealed how the Reset IDO launchpad actually works.
Here’s everything you need to know before it starts [GUIDE]: 🧵👇
@byreal_io @fragmetric Yu need to know if you are eligible because only whitelisted wallets can participate.
> Visit (no gas needed, just connect and verify)
Participation in public beta gives you access to $FRAG IDO on the Byreal platform.
Users of Kamino, Jito, Sanctum, RateX, Cudis, or holders of F points & TOPU, Inc NFTs, active bbSOL users might qualify.
Note: partners select wallets using their criteria.
If you have been whitelisted by multiple partners, only one whitelist applies per wallet.
What is Reset Launch?
It’s @byreal_io’s new IDO format that gives you full control over how you join.
There’s no fixed price for $FRAG. Instead, you pick the price you’re willing to buy at using price tiers.
> The lower the price, the higher the demand and competition
> The higher the price, the better your chance of getting an allocation
> Tokens become tradeable right after the claim period, NO LOCKUPS or vesting
It’s all about choosing the entry point that fits your strategy.
How to monitor and adjust your $FRAG IDO deposits:
You have 23 hours to participate. During that time, you can track your estimated token allocation live.
After the deposit window closes, final allocations are calculated.
If too many people choose the same price tier, your share will be reduced proportionally and the leftover bbSOL refunded.
It’s all about placing the right bets before the timer runs out.
Claim your Tokens:
Once the event ends, visit the Reset Launch page to claim your purchased tokens and any unused funds (bbSOL Total Refund).
Right now, you can only prepare bbSOL for participation.
The Reset Launch for $FRAG begins on June 30, and on July 1 at TGE it will end, and you will be able to claim your tokens.
FAQ:
Is there any vesting period or LockUps?
No, claim on TGE.
How do price tiers work?
The IDO is divided into tiers (e.g., $0.02, $0.03, $0.04) with limited allocations.
Choose the price you're willing to pay.
Lower prices mean more competition but higher potential gains.
How is allocation calculated?
Allocation per price tier depends on:
> Deposit amount: Larger deposits give more weight.
> Price tier demand: Fewer participants mean more allocation per person.
Is there a deposit cap?
Yes, user can deposit up to 10 bbSOL, your unused bbSOL will be automatically returned when you claim your tokens.
On june 30, I will make a full video guide, what exactly to do, and at which prices imma bidding
34.59K
281
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.