Kylin Token Launch: Phase 1— Whitelist + Polkastarter

Kylin Network
5 min readFeb 25, 2021

***Please note: token will unlock only after the LBP phase finalizes on March 5th***

Smart Contract: 0x67B6D479c7bB412C54e03dCA8E1Bc6740ce6b99C

→Audited February 28th, 2021 by the Certik Foundation with 0 critical, major, and/or minor issues. Our contract address also has Certik Shield Coverage.

Token Launch Schedule

The KYL token launch schedule will: Begin on March 1st and be completed by March 5th.

Kylin Overall Launch Schedule

***Please note: token will unlock only after the LBP phase finalizes on March 5th***

PHASE 1 : PRE-SALE — Whitelist on Polkastarter (March 1st-March 2nd)

  • ~2M KYL tokens from the Public Sale will be allocated to Polkastarter as IDO.
  • The IDO will officially begin at 2:00 pm UTC on March 1st.
  • This round is only open to the investors that complete the whitelist process before March 1st.
  • The price for this part of the launch will be $0.05.

Ticket Sizing

The maximum contribution size will be $300 for each participant at a price of $0.05. Each max ticket will therefore represent 6,000 KYL. 20% of the pool will be open to non POLS holders. The total size of the pool is $100k.

Timing

The Whitelist entry will be open for approximately 12 hours until 3:00 am UTC February 26th. No more entries will be counted/accepted after this point.

Step 1: Official Whitelist Link: https://kylin.synaps.io

In order to be eligible and subsequently chose for whitelist participation on Polkastarter, you will need to follow this official link through our official partner at Synaps.io (also official KYC partners to Polkadot and Bitfinex) and follow the provided instructions.

In addition, you must like and follow our Twitter and join our Telegram channels as well as Polkastarter’s (your Twitter handle and Telegram handles will be cross-referenced):

  1. Follow our Twitter: https://twitter.com/Kylin_Network
  2. Follow our Telegram: https://t.me/KylinOfficial

||>>>>>Official whitelisting link: https://kylin.synaps.io/<<<<<||

***Note: to pass the liveness test, we need to see your face (obviously ^^) and you need to be in a room with enough light!
Some users might have issues passing the liveness cause they are in a very dark environment or their camera is really bad. Smartphones typically have better cameras for this process***

  • Whitelisted addresses will be sent to Polkastarter where they will filter for POLS holders.
  • We will receive this list back from Polkastarter, then we will run a randomization process on the eligible applicants until enough winners are chosen in total. We will then ask these winners to perform KYC.
  • Only those who pass the KYC process will be eligible to win a spot in the whitelist.
  • Only whitelisted participants will be able to participate.
  • Those ultimately eligible for the Polkastarter Pre-Sale IDO will receive a notification to the email they used when signing up through the whitelisting link.
  • YOU ARE NOT WHITELISTED UNLESS YOU RECEIVE AN EMAIL NOTIFICATION OF SUCH

Step 2: **Open only to whitelisted participants**

||>>>>>STARTING MARCH 1ST AT 10:00 AM UTC<<<<<||

The information below is also found here: https://support.polkastarter.com/article/9-how-to-participate-in-pols-only-pool

— — — → NAVIGATE TO POLKASTARTER← — — —

How-to Participate In A Pool Exclusive To $POLS Holders

If you want to participate in a pool that is exclusive to Polkastarter Token ($POLS) holders, first you just have to make sure you follow one of these two requirements.

Option 1: Make sure you hold at least 3,000 $POLS in your wallet in order to be able to be selected for $POLS Holders pools.

Click here to learn How-to buy the Polkastarter Token ($POLS)

Options 2: Or provide liquidity on Uniswap for Polkastarter token, which also gives you eligibility for these pools. In order to be eligible, you need to submit your address on the link below.

Click here to learn how-to add liquidity on Polkastarter’s Uniswap pair

Important to note that having one of these two requirements doesn’t guarantee you direct access to $POLS only pools by itself. You still have to go through the whitelisting process for each project.

How-to Participate In An Exclusive Pool

After whitelisting with the project, you can follow this step-by-step.

  1. Connect Metamask
  2. Choose your $POLS only pool
  3. Review the pool’s minimum and maximum allocation
  4. Click Join Pool
  5. Read and Accept the Disclaimer
  6. Input how much ETH you want to spend to buy the token
  7. Click the Join Pool button
  8. On the pop-up, click confirm the transaction on your wallet
  9. Once confirmed (be patient), you just have to wait for the pool time to finish before claiming your tokens.
  10. For the Kylin Whitelist IDO, tokens may be claimed subsequent to the LBP on Balance and coalescent withn the creation of the Uniswap listing/pool.

How to Claim Your Tokens On Exclusive Pools

Once the pool time ends you will be able to claim your tokens. In order to claim your tokens please go back to the page of the pool you participated in.

Click Your Allocations. Then click Claim Tokens. Metamask will open and you’ll have to confirm the transaction. You will get your tokens in your wallet shortly thereafter.

***For the Kylin Whitelist IDO, tokens may be claimed subsequent to the LBP on Balance and coalescent within the creation of the Uniswap listing/pool***

***Please note: token will unlock only after the LBP phase finalizes on March 5th***

About Kylin Network

Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for the future DeFi and Web 3.0 powered by Polkadot. Kylin Network will provide valid, reliable, secure, cost-effective, and easily-coordinated data sources and data analytics.

Contact Kylin Network

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Kylin Network

Building a Cross-chain Platform Powering the Data Economy on Polkadot