Initial Dex Offering
AnteDAO IDO allows users to lock cash in exchange for fresh tokens. Some of the monies received are then added to an LP with the new token before being returned to the project later. AnteDAO IDOs enable projects to distribute their tokens in a low-cost and straightforward manner. We want DAO participants to research and make decisions regarding IDO projects before they launch a crypto currency on a DEX (decentralized exchange).
Process of Participate
Get a ticket for participate
ANTE participants get a 5% additional ticket (calculate by rounding)
You can participate in two ways( 50%Lottery & 50%Proportion)
Lottery: The minimum amount that Most of the stakers(Top 80%) can participate in
Proportion: no limit on the number of tickets
Stake an ANTE or specific tokens
IDO tokens come from the IDO pool
Create liquidity and Add liquidity to the pool after the IDO by AnteDAO
Most of the raised fund (70 to 80%) is allocated to the IDO project team
Some will go to AnteDAO growth funds and convert to UST or USDT and then staking to Defi protocol.
What can we get from staking?
vANTE (Voting Ticket for DAO community)
Membership (Able to use for participation to ILO or get an exclusively benefits (TBD))
In order to avoid immediate withdrawal of rewards and potential volatility in ANTE's pricing we have decided to add a warmup feature for newly added ANTE.
The warmup period lasts three rebases (24 hours), with users having to wait until the third rebase ends to earn the prizes from the previous three rebases.
Users can always unstake their initial assets using the forfeit button, but their previous reward will be forfeited as described by the button.
When the three rebases warmup period is completed and your "Rebase Left" counter reaches zero, you can claim your rewards and proceed to regular staking.
Voting Ticket for DAO community
Stake ANTE for voting
Vote for your favorite project
Vote for the project you like by vANTE
AnteDAO initiates development
for the project selected through voting
Initial Liquidity Offering
Initial Liquidity Offering (ILO) is a novel fundraising strategy that allows various projects and businesses to raise funding without having to go through the ICO process by selling tokens on DeFi-based Decentralized Exchanges.
Decentralized Exchanges that use the Automated Market Making (AMM) Mechanism have ready marketplaces for you to sell your tokens in the form of computer programs that are willing to buy them.
These exchanges AMM are supported by liquidity pools to pay for your coins.
Initial Liquidity for every launched project will be generated through ILOs, exclusively available to AnteDAO`s membership holder first. 30% of the total token sales through IDO and ILO will be allocated to ILO. Participants will be allocated at 1% - 2.5% depending on the project.
From Bronze to Gold membership holders who didn’t get a chance to get into previous ILO, have an advantage over other members to get an allocation in the next ILO.
50% of Tokens allocated to ILO participants will be distributed immediately, while the rest 50 % of Tokens will be unlocked 1 week after launch.
100% of USDT collected in ILO goes straight to LP, which is immediately burned!
Bronze : Normally 20% of Allocations (20 spots: 1.0% per member)
Silver : 30% of Allocations (20 spots: 1.5% per member)
Gold : 45% of Allocations (18 spots: 2.5% per member)
Founding Team: 5% of Allocations (2 spots: 2.5% per member)
ANTE Growth fund for
If a small number of disruptive and aggressive organizations attempt to destabilize the community and governance, DAO participants will raise an emergency agenda voting and will spend the Ante Growth fund to save the small number of organizations. The ANTE Growth fund will use a DAO growth and help all DAO community participants.