ALL ABOUT ONUS

ONUS Launchpad – Outstanding Features of ONUS App

December 19, 2021

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Launchpad is a program that helps connect potential blockchain projects with the community, through the sale of project tokens to investors at ONUS. Projects need to go through rigorous selection before being eligible to participate in Launchpad.

Specifically, all Launchpad projects, after being selected and appraised by the ONUS team, will need to pass the Voting round of the community before being officially opened for sale. This is to create a democratic and transparent environment for all ONUS users.

Launchpad registration conditions

You must be VIP level 2 or higher
You need to hold an amount of ONUS Lock (Margin) and amount of ONUS in ONUS Shares to get the right to buy Launchpad. The higher the quantity, the more buying rights will be increased

Stages of a Launchpad Program

Stage 1: Determine the maximum purchase right

The right to buy is determined by the total amount of ONUS Lock (Margin) and the amount of ONUS in your ONUS Shares prior to the time of subscription opening.

Stage 2: Register to buy

ONUS will announce when you can start to subscribe. Orders usually take place within 1 day. After that, the amount of ONUS you register will be loaded into the Launchpad pool of the token being offered for sale, this amount of ONUS will be temporarily locked and reopened after the end of the token allocation process.

Stage 3: Token Allocation

After the end of subscription period, ONUS system will finalize your order amount and make token allocation. You will be distributed the amount of tokens equivalent to the ONUS rate you staked into that token’s Launchpad pool.

As such, you will definitely buy tokens, but the purchase volume will depend on the allocation rate. You may not be able to purchase with the full amount of ONUS deposited and the system will refund the remaining ONUS.

However, you will not receive the amount of tokens at the moment. According to each developer’s policy, you will receive tokens and remaining ONUS after their convention (about 1-2 days).

Stage 4: Get Tokens

After ONUS completes the token allocation, please open the Launchpad page on the app and press the Get button to receive the offered tokens and the remaining amount of ONUS.

Features will be opened after the token allocation is completed