Tier requirements & allocation
The token allocation for IDO projects on LuaStarter is powered by the Tier Guaranteed System (TGS), which consists of 4+1 tier levels based on the total number of LUA tokens staked, enabling everyone an equal right to participate in the IDO projects. The IDO token supply will be allocated to each tier depending on the amount of base token input and pool weight of each tier member.
LuaStarter's Tier requirements & allocation

Tier Requirements

Users are required to stake their LUA tokens in the designated protocols (see table below) to be qualified for a tier and secure a minimum guaranteed allocation of the IDO token.
Eligible staking protocols
LUA equivalency
LUA staked in LuaSafe
= LUA x 1
LUA staked in LUA-TOMO(E)*
= LUA x 2
*the LP tokens staked in farming pools must be unstaked before the deadline.
Users are required to have their LUA tokens staked in LuaSafe or added in LUA-TOMO(E)* liquidity pool (either TomoChain or Ethereum) to be qualified for a tier and secure a minimum guaranteed allocation of the IDO token
LUA tokens must be added in the designated protocols at least 3 days before and remain staked until the IDO opens.
Each participant's minimum guaranteed allocation is based upon the weighting between the user and the total.
Guaranteed allocation = IDO token supply x user's pool weight / total pool weight

Token Commitment & Allocation

Token Commitment

Once the IDO pool is open, users can find the minimum guaranteed allocation of the IDO token in their profile. They can now commit any amount of the base token in exchange for the IDO token. Non-tier members can also make a token commitment that is not higher than half of the maximum allowed amount of tier 1 (Earth tier) members.

Token Allocation

Part of the IDO token supply, if not all, will be first allocated to meet the minimum guaranteed allocation of all the tier members who have made a commitment.
The remaining supply of each tier will be allocated to members of the same tier on a first come, first served basis. Any unsold supply in a tier will be allocated to other tier members from the highest to the lowest tier.
Last modified 1mo ago