How Our Tier System Works

So you’ve hopped on the crypto hype train and want to learn about our IDO tier system?

You’re in luck - this article is for you.

For starters, you’ll need to have at least 1,000 $POLS in your wallet to apply for allowlisting in a Polkastarter IDO.

The more $POLS you have, the higher your chance of being allowlisted. Allowlisted users are guaranteed the opportunity to purchase their allocation in the IDO.

Every additional 250 $POLS equals 1 ticket, so 1,000 $POLS = 4 tickets, 1,250 $POLS = 5 tickets, 2,000 $POLS = 8 tickets and so on. We follow a lottery-based system.

All POLS, held in your wallet or staked, as well as LP tokens, are combined from both Ethereum and BSC, into one POLS Power balance.

$POLS Tier Structure

We have 5 different POLS Power tiers:

Tier 1,000+ POLS Power = 1.1x — Every ticket is worth 1.1 tickets.
Tier 3,000+ POLS Power = 1.15x — Every ticket is worth 1.15 tickets.
Tier 10,000+ POLS Power = 1.20x — Every ticket is worth 1.20 tickets.
Tier 30,000+ POLS Power = 1.25x — Every ticket is worth 1.25 tickets & No Cooldown.
Tier 50,000+ POLS Power = Guaranteed Allowlist Approval, No Cooldown & other benefits.

1,000+, 3,000+ and 10,000+ tiers: a 7-day cooldown period applies when participating in an IDO. For example, if you allocate funds in an IDO on 14 December at 3:00 PM, the next IDO you can get selected for (in the lottery) would be on 21 December at 3:01 PM at the earliest.

30,000+ and 50,000+ tiers: have no cooldown, so they can apply and get selected for any consecutive sales.

50,000+ tier only: enjoys guaranteed access to all sales, meaning they can participate in as many IDOs (and private sales) as they like whenever they like. This tier also secures the highest allocation.

Unlock the Benefits of the 50,000+ $POLS Power Tier!

This special tier allows you to take the most out of your Polkastarter experience. With 50,000+ POLS Power, you get:

• Guaranteed access to all private sales and IDOs
• The highest possible guaranteed allocation to each and every sale
• “Fast-track” application – you can skip the project questions - your answers will not be counted even if incorrect

Want to level up? Get more $POLS on KuCoin, Kraken, Coinbase, and more.

Lottery Probabilities

Since our creation in late 2020, more than 30,000 people have participated in Polkastarter 110+ IDOs and private sales.

Curious what are the approximate chances of winning a guaranteed allocation spot in the lottery? Below is a percentage split based on the most recent IDOs. You can always look it up on your Polkastarter Dashboard too.

It’s important to understand that inside each tier, wallets with more tickets will have a higher probability as every additional 250 POLS Power = an additional chance of winning, and the 50,000 POLS Power tier exempts you from taking part in the lottery altogether.

Buzzing to learn how you can participate in Polkastarter IDOs?

Here are a few articles to help you:

• How Does the Allowlisting Process Work
• How $POLS Power Works
• How to Buy $POLS

Let us know if this explainer piece on the Polkastarter tiers is helpful and if you need more information.

You can reach out to us on Telegram.

We're all ears.

About Polkastarter

Polkastarter is the leading early-stage fundraising protocol, enabling web3’s most innovative projects to kick-start their journey and grow their communities. Polkastarter allows its users to make research-based decisions to participate in high-potential public sales and be early to the future of web3.

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