---
description: >-
  Answering your questions about LambSwap IDO whitelisting rules and how to
  participate in a LambSwap IDO.
---

# How to Participate in IDO

#### 25% unlock on TGE, then monthly vesting of 25%What Are Initial DEX Offerings (IDO)? <a href="#header-0" id="header-0"></a>

Initial DEX offerings (otherwise known as [IDOs](https://coinmarketcap.com/alexandria/glossary/initial-dex-offering) for short) are another way of raising funds for a blockchain project — enabling tokens to be sold directly to the public.

The key difference when compared with other methods is that the tokens being sold in an IDO are hosted on a decentralized exchange, or a [DEX](https://coinmarketcap.com/alexandria/glossary/decentralized-exchange-dex).

More specifically, IDOs are the successor to the initial coin offerings ([ICO](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico)) popular in 2017 and 2008 and the initial exchange offerings (IEO) that began replacing them in late 2019 and 2020.&#x20;

## **LambSwap IDO**&#x20;

LambSwap announced the complete details of its upcoming INITIAL DECENTRALIZED OFFERING (IDO) on January 22, 2022. The LambSwap IDO will allow public investors to get their hands on **$LST tokens** and help build liquidity into the ecosystem. The LST token is integral to the operation of the LambSwap platform which can be used to get discounts on marketplace fees as well as obtaining staking rewards in LP staking.

Holders can also use their $LST tokens to gain eligibility for part of the platform revenue distributions and as a governance token to vote on proposals when LambSwap moves to a community-based model. Other aspects of the platform revenue will be used to buy back and burn LST tokens, thereby making it a deflationary token model.

{% hint style="info" %}
**Welcome to the World :** LambSwap The Next Giant with Innovative Models

<mark style="color:purple;">**"Play, Create, Own, and Govern a virtual Metaverse Made By Players"**</mark>
{% endhint %}

## IDO DETAILS

#### **LST ON Binance Smart Chain**

* **IDO Date:** January 22, 2022 @ 10:00 UTC
* **Token Symbol:** LST
* **Chain:** Binance Smart Chain (BEP20)
* **Max Supply:** 500,000,000,000 LST
* **Initial Supply:** 39,000,000,000 LST
* **Total IDO supply :** 17,550,000,000 LST
* **Hard Cap :** $615,789
* **Soft Cap :** $250,000
* **IDO Type:** First Come First Served (FCFS) mechanism&#x20;
* **IDO prices as below** ;

<table><thead><tr><th>IDO Details</th><th width="231.66666666666663" align="center">Round 1</th><th align="center">Round 2</th><th align="center">Round 3</th></tr></thead><tbody><tr><td>LST sale amount</td><td align="center">5,850,000,000 LST</td><td align="center">5,850,000,000 LST</td><td align="center">5,850,000,000 LST</td></tr><tr><td>Price LST / $</td><td align="center">0,0000357</td><td align="center">0,0000467</td><td align="center">0,0000578</td></tr><tr><td>1 BUSD / LST</td><td align="center">28,571 LST</td><td align="center">22,727</td><td align="center">18,182</td></tr><tr><td>Minimum / BUSD</td><td align="center">25 BUSD</td><td align="center">15 BUSD</td><td align="center">10 BUSD</td></tr><tr><td>Maximum / BUSD</td><td align="center">3,000 BUSD</td><td align="center">5,000 BUSD</td><td align="center">5,000 BUSD</td></tr><tr><td>Starting Date</td><td align="center">January 22, 2022</td><td align="center">February 04, 2022</td><td align="center">February 19, 2022</td></tr><tr><td>Closing Date</td><td align="center">February 03, 2022</td><td align="center">February 18, 2022</td><td align="center">March 19, 2022</td></tr><tr><td>Vesting Schedule (Public)</td><td align="center"> 25% unlocked on TGE, then monthly vesting of25%</td><td align="center"> 25% unlocked on TGE, then monthly vesting of 25%</td><td align="center"> 25% unlocked on TGE, then monthly vesting of 25%</td></tr></tbody></table>

**Note :**

1. Funds raised to be used for liquidity. we decide to 60% of funds raised and will be paired with unsold tokens and locked as initial liquidity on **PancakeSwap** and **LambSwap**.
2. Liquidity locked for 24 months.
3. The listing price is $0,0001235

### How Can You Participate LST IDO? <a href="#header-3" id="header-3"></a>

![Flow IDO LambSwap](https://1587616719-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FPsPEDkVPqBCtqHg1Wdl1%2Fuploads%2FihHGnJNcUos3awgDlfuf%2Fimage.png?alt=media\&token=3e4cb701-7ebe-4c6d-b661-e4d1b55a3544)

#### Description :

* Join LST Airdrop - <mark style="color:blue;">**Joint $LST Airdrop » TBA**</mark>
* Get Whitelisted  - [<mark style="color:blue;">**Register here »**</mark>](https://gleam.io/z3G8H/lambswap-token-whitelist-event)
* Sign-up on our[ ](https://twitter.com/hashtag/whitelist?src=hashtag_click)website - [<mark style="color:blue;">**Sign-up here »**</mark>](https://lambswap.org/IDO)
* Login on the Website - [<mark style="color:blue;">**Login here »**</mark>](https://lambswap.org/IDO)
* Buy LST / BUSD [- <mark style="color:blue;">**Buy LST IDO here »**</mark>](https://lambswap.org/IDO)

## Join the International LambSwap Community! <a href="#id-1c04" id="id-1c04"></a>



🔈Telegram Channel: [https://t.me/lambswap\_news](https://t.me/lambswap_news)

💬 Telegram Chat: [https://t.me/lambswap](https://t.me/lambswap)

🕊Twitter: [https://twitter.com/lambswap\_org](https://twitter.com/lambswap_org)

👩‍❤️‍💋‍👨 Facebook:[https://www.facebook.com/LambSwap-Token](https://www.facebook.com/LambSwap-Token-104607268740057)

📸 Instragram :[ https://www.instagram.com/Lambswap](https://www.instagram.com/Lambswap/)

📰 Medium: [https://medium.com/@lambswaptoken](https://medium.com/@lambswaptoken)

## Find the Official LambSwap Admins here:

🐏 **Telegram Chat**: [https://t.me/lambswap](https://t.me/lambswap)

🐏🐏 _**These are the OFFICIAL channels of LambSwap**_ 🐏🐏

