All Cadets who are already whitelisted through the Community Whitelisting, Automatic Whitelisting, or Guaranteed Whitelisting will be able to enter the DODO IDO on the DODO exchange, this coming Monday.

The IDO will begin at 10:00 UTC on August 2, 2021. To secure your $POTS, first, you will need to check you’ve been whitelisted.

You can find out how to check if you have been whitelisted, later on in this guide.

Please note that the $POTS IDO has been designed specifically to allow as many early adopters as possible to get a fair share of the $POTS token. Instead of letting whales get all the tokens and then sell them at a higher price, we have set a $200 personal cap for every whitelisted wallet.

You will be able to get a maximum of 200 $POTS tokens, at the launch price of $1 per $POTS token. You will need to be ready to stake up to $100 of BUSD and $100 of BNB into the IDO on Monday, August 2.

If the IDO is oversubscribed you will receive less than 200 $POTS and will be refunded your BUSD and BNB. You will not pay more than $1 for any $POTS if you manage to get in the IDO.

You will have 24 hours to stake your BNB and BUSD into the IDO. At the end of the 24 hours, you will receive your $POTS and any refund. You will then be able to trade $POTS on the open market.

Up until August 2, 10:00 AM UTC: Whitelisting period

August 2, 10:00 AM UTC: IDO Opens on DODO
(link will be provided in the Moonpot App for those who are whitelisted)

Stake up to $100 of your BUSD, and up to $100 of your BNB into the IDO

August 3, 10:00 AM UTC: IDO ends, you will receive your $POTS and any refund from your $100 of BUSD and $100 of BNB

August 3: Ziggy’s Pot opens on play.moonpot.com for you to stake your $POTS

August 3, 10:00 AM UTC: WHO Airdrop sent out

August 3, 10:00 AM UTC: DEX trading of $POTS begins.

But first, you must see if you are whitelisted.

How to check if I’m whitelisted for the IDO

Up to 20,000 Cadets will get whitelisted. You can check your Whitelist status in the Moonpot DApp by heading to the navigation screen and tapping on [IDO].

BIFI Maxi Stakers Whitelist: the true OGs

If you staked $BIFI in the BIFI Maxi vault when the snapshot was taken at 6 PM UTC, 27 July 2021, you will be eligible to join the Guaranteed Whitelist, as long as you also stake 10 CAKE in the new CAKE Moonpot before the IDO.

For eligible BIFI Maxi stakers, you didn’t need to take part in any of the Community Whitelist missions on Twitter. You are already in the IDO Whitelist as long as you have a minimum of 10 $CAKE staked in the CAKE Moonpot.

Early Adopters Whitelist: Cadets in the first CAKE Moonpot

Anyone who had CAKE staked in the CAKE Moonpot when the first Prize Draw was made on Monday 26 July at 2 PM UTC will also be automatically whitelisted into the IDO. You’ll see the following in the app if you qualify automatically.

Community Whitelist: your last chance

If you’ve taken part in any of our Community Whitelist missions, this will also be displayed. Don’t forget you also need to stake 10 CAKE in the CAKE Moonpot to complete the process of getting onto the Community Whitelist.

How the $POTS IDO on DODO will work on August 2, 2021

  1. There will be 500,000 $POTS available over two pools, each with 250,000 $POTS: BUSD/POTS & BNB/POTS.
  2. The initial price will be $1 BUSD (or BNB equivalent) per $POT.
  3. Each Cadet has a personal cap of up to $100 per pool ($200 $POTS in total over two pools).
  4. The IDO will last 24 hours, there is no first come first served. Everyone who stakes their BUSD and BNB in the 24 hours will receive some $POTS at the $1 price.
  5. After 24 hours, Cadets will receive their $POTS from the sale and a refund of their extra capital if the IDO is oversubscribed.
  6. Each Cadet will receive a refund at the end of the sale according to the amount they staked. You will never pay more than $1 per $POT you receive.
  7. Ziggy’s Pot will open at the end of the sale for users to stake their $POTS in. See this guide for more information.
  8. The $POTS-BNB and $POTS-BUSD liquidity pools will open after the IDO. So that you can get yourself more POTS immediately after the IDO period ends.
  9. The liquidity pools will have a starting price of $1 BUSD (or BNB equivalent) per $POTS.
  10. After the IDO, prices will fluctuate depending on market demand as it will be open to the free market. At this point, users can swap using the new $POTS-BNB and $POTS-BUSD liquidity pools on DODO.
  11. Moonpot’s own liquidity on the DODO platform will be programmatically locked in for 90 days, which will help create a price floor and ongoing liquidity for early adopters.

Graduating from space training is an achievement for every Cadet taking part. Get your BUSD and BNB ready for the launchpad on 2 August 2021. Ziggy couldn’t be prouder.