Sale Details

Key Information

• Sale Date: February 24, 2025, 17:00 UTC – March 3, 2025, 17:00 UTC
• Token Price:
  • General: $0.25
  • Lido wstETH and Ether.fi weETH holders: $0.23
• Fully Diluted Network Value (FDV):
  • General: $125,000,000.00
  • Lido wstETH and Ether.fi weETH holders: $115,000,000.00
• Lido wstETH and Ether.fi weETH Holding Requirements:
  • Users must hold at least $20 worth of Lido wstETH or $20 worth of Ether.fi weETH on CoinList to be eligible for the $115,000,000 FDV.
  • Asset Snapshots:
    • First snapshot: March 3, 2025, 17:00 UTC (conclusion of the sale).
    • Second snapshot: March 10, 2025, 17:00 UTC (1 week after the sale).

Vesting Schedule

• Unlock Schedule:
  • 33% of tokens unlock 6 months post-Token Generation Event (TGE).
  • Remaining 67% unlock linearly over 12 months.
• TGE Expected: Q2 2025.
• Staking Rewards: Tokens can be staked to earn extra rewards while locked.

Token Allocation

• % of Total Supply: 2.4% - 2.61%
• Allocated Supply: 12,000,000 - 13,050,000 OBOL Tokens
• Total Token Supply: 500,000,000 OBOL Tokens

Purchase Limits

• Minimum Purchase: $100.00
• Maximum Purchase: $250,000.00

Purchase Methods

• Accepted currencies: USDC, USDT (ERC-20 only).

Purchase Structure

• Allocation Method: Filling Up From The Bottom. For more details, refer to the blog post.

Eligible Participants

• Excluded Participants: Residents of the US (and its territories), Canada, China, and any individual, country, or territory subject to US, EU, UN, or UK sanctions, and certain other jurisdictions.

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How to Participate in the OBOL Sale

1. Eligibility Requirements:

   • Fund your CoinList Wallet with the minimum purchase amount ($100 in USDC or USDT).
   • Pass KYC verification.

2. Purchase Process:

   • Once the sale begins, submit a purchase request within the limits of $100.00 to $250,000.00.
   • You cannot submit a purchase request exceeding the amount of USDC or USDT held in your CoinList Wallet.

3. Post-Sale Allocation:

   • After the purchase period closes (March 3, 2025, 17:00 UTC), allocations will be selected at random based on the "Filling from the Bottom" method.
   • Final allocations will be communicated within 48 hours of March 10, 2025, 17:00 UTC.

4. Refunds:

   • Users not selected for an allocation will receive their funds back in their CoinList Wallet within 48 hours of March 10, 2025, 17:00 UTC.