Spherium Finance Announces Dual IDO Across BSCPad and PentaLaunch, First Insured IDO

Spherium Finance
2 min readJun 7, 2021

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Spherium Finance prepares for its dual IDO on June 16, 2021, introducing the first insured IDO on PentaLaunch.

Dear Spherium Community,

After the amazing response in our Gate.io IEO (1500x oversubscribed event), we’re ready to disclose our IDO timelines for BSCPad and PentaLaunch.

PentaLaunch IDO

PentaLaunch IDO will be conducted as a linear curve auction on June 16, 2021. The net supply available for procurement will be 128,205 $SPHRI.

  • Opening time: 16/06/2021 04:00 AM UTC
  • Closing time: 16/06/2021 10:00 AM UTC
  • Time to claim $SPHRI: 16/06/2021 12 PM UTC
  • Available tokens on PentaLaunch: 128,205 $SPHRI
  • $SPHRI price: 0.195 USDC
  • Accepted cryptos: USDC

For more details, kindly visit: $SPHRI Auction Subscription Guide

PentaLaunch IDO is Insured by InsurACE.

We take extreme precautions in safeguarding the funds of our investors, but it’s better to have a fail-safe strategy. We’re delighted to announce that your funds are safe against any kind of security threats. Spherium Finance has insured its PentaLaunch IDO through InsurACE.

This also makes Spherium Finance IDO one of the first insured IDOs across the cryptoverse.

BSCPad IDO

The details for BSCPad IDO are listed below. The net supply available during the public sale event on BSCPad will be 641,025 $SPHRI.

  • Staking Eligibility Deadline: 16/06/2021 03:00 AM UTC
  • Allocation Round: 16/06/2021, 06:00 AM UTC
  • FCFS Round: 16/06/2021, 11:00 AM UTC
  • Pancakeswap Launch: 16/06/2021, 12:00 PM UTC
  • Time to claim $SPHRI: 16/06/2021, 12:00 PM UTC
  • Tokens Available in BSCPAD Public Sale: 641,025 $SPHRI
  • $SPHRI price: 0.195 BUSD

For more details, kindly visit: $SPHRI IDO Information.

DAOMaker IDO and Gate.io IEO Update

All the participants of the DAOMaker IDO and Gate.io IEO will be able to claim their tokens on 16/06/2021, 12:00 PM UTC.

About Spherium Finance

The Spherium Finance platform offers a complete suite of financial services comprising a universal wallet, token swap platform, money markets, and inter-blockchain liquidity transfer. Our platform will function as a global financial service provider, extending fundamental financial services to the unbanked.

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https://twitter.com/SpheriumFinance

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https://spheriumlabs.medium.com/

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https://t.me/spheriumcommunity

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