โ“FAQ

How do I participate in the IDO on SidusPad?

In order to participate in the IDO, you must stake at least 10,000 Sidus tokens and undergo a mandatory KYC procedure (which will be released at a later point in time).

How do I increase my allocation amount for the IDO?

The allocation amount is dependent on the amount you stake - the bigger the stake, the bigger your allocation will be.

What are โ€˜Tiersโ€™ and what benefits do they offer?

Tiers offer users flexibility. There are a total of 6 Tiers available, with each Tier being suited to various staking amounts, for example, a high Tier is appropriate for those seeking a higher allocation amount. Participants who chose the Ruby, Emerald or Diamond Tiers also have the opportunity to participate in exclusive events held on the SidusPad.

Can I raise my Tier during the IDO registration?

Your allocation is fixed at the time of registration. If you want to raise your Tier or increase your staking amount within yout Tier during the registration period and after the registration for IDO, you need to stake the desired amount of SIDUS tokens and register again for the IDO. Then your allocation will be increased.

Can I stake SIDUS tokens in multiple pools?

Yes. Our smart contracts are truly smart. They calculate the total amount you stake in every pool to determine your Tier.

What happens if I add tokens to a pool that Iโ€™ve already made a stake in?

Your rewards are compounded and the lock duration is reset for your entire stake.

How is the interest for Staking calculated?

Each Staking pool has its own base APR, which can be increased through compound interest. Users can claim 0.25% of the accrued rewards as a Bounty, thereby initiating the process of reinvesting the rewards in the overall pool.

How do I complete verification (KYC) so I can participate in the IDO?

Please check the Terms and Conditions to make sure you are eligible to participate in the Token Sale IDO.

Please, check our KYC Guide for the details.

What is FCFS and who is eligible to participate?

FCFS stands for โ€œfirst come, first served,โ€ an investment round that typically follows the Guaranteed Allocation Round in an IDO, and can be divided into two phases. The FCFS round is conducted with the remaining sum available after the Guaranteed Allocation Round is over.

  • All users who registered for the IDO are eligible to participate.

  • Users who were eligible to invest in the Guaranteed Allocation Round, but didnโ€™t do so, still have the opportunity to invest that allocation sum during the FCFS Round. Moreover, they can still invest a similar percentage in this FCFS round again, giving them the chance to double their investment compared to what was originally possible in the Guaranteed Round.

  • Users who participated in the Guaranteed Allocation Round are also eligible for the FCFS Round with the same allocation percentage.

  • A second phase of an FCFS Round is possible if the allocation was not sold out during the first phase. Much like FCFS Round #1, all users registered for the IDO are eligible to participate, with a possibility to increase their investment x10.

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