Let’s talk about IDO of $ZEUS

ZeusDao
2 min readDec 11, 2021

As you know, we introduced $ZEUS as the token of ZeusDao in our first medium article.After a careful discussion with our team,IDO of $ZEUS is finally coming! We really appreciate your patience.

1.Why to plan an IDO?

Just like the OHM token,ZeusDao is a fully community-backed project, and we are not planning to raise any funds from VCs.But we need to raise funds to back the ZeusDao treasury,make the protocol more and more powerful.

2.Tokenomics

Just like the OHM token, there is no maximum supply of $ZEUS. The initial supply, however, will be no more than 110,000 $ZEUS tokens.
No more than 100,000 $ZEUS tokens will be sold during the IDO.
No more than 10,000 GIZA tokens will be distributed to the team (10% of the tokens sold in the IDO).
There is no lockup for IDO tokens.The team tokens will be deposited into the protocol and locked up for one year.

3.IDO Timeline

There are 2 phases in the IDO.
The first phase is only open for whitelist.Let’s call it presale.We supply 50,000 $ZEUS tokens for presale.
The second phase is open for public.Let’s call it public sale.We supply 50,000 $ZEUS tokens for public sale.
— 26th Dec 0:00 UTC ,Presale will begin.
— 27th Dec 0:00 UTC, Presale will end.
— 27th Dec 0:00 UTC, Public sale will begin.
— 28th Dec 0:00 UTC, Presale will end.

4.IDO Price

You can pay USDC to buy $ZEUS in this IDO.
During the presale,each whitelist can pay 1000 USDC at most to buy $ZEUS.The price for presale is 10 USDC per $ZEUS.
During the public sale,there is no limit for public to buy $ZEUS.The price for public sale is 30 USDC per $ZEUS.
After the IDO, you can get your $ZEUS immediately.

Yes, you can say It’s a juicy token sale for whitelist.It’s a way for us to show thanks to the whitelisted people because they help us to make our community more and more powerful. If you are not whitelisted, you still have enough time to be whitelisted. You can become whitelisted by inviting 10 friends at least into our discord community.

Anything you want to know?Feel free to tell us.More details will be published in the next week.

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ZeusDao
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ZeusDao is an upgraded OHM fork built on the Polygon