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.

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.