How to Participate in the Arrow Markets IDO?

New IDO is about to kick off! Trust us, it's going to be an exciting week. 💯

Arrow Markets token sale will go LIVE on Polkastarter this Tuesday, May 21st, starting at 2:00 pm UTC, followed by the TGE on Wednesday, May 22nd.

⚠️ KYC will remain open until Monday, May 20th ⚠️

There are a few things to prepare before the IDO day. In this blog, you will find the answers to the most important questions about the IDO details and process on Avalanche.

For the reasons why we are launching Arrow Markets, check here.

Key Metrics

Public Sale for Arrow Markets
Allowlist Closing & Lottery Date	Thursday, May 16, 2024
KYC Closing Date	Monday, May 20, 2024
IDO Date	Tuesday, May 21, 2024
IDO Time	Guaranteed Allowlist: 2:00pm UTC FCFS Allowlist: 3:00pm UTC
Token Ticker	$ARROW
IDO Price	$0.3472
Total IDO Raise	$250,000
Network	Avalanche
Token Needed to Buy & Pay for Gas	$AVAX on Avalanche
Allocations	$50 - $600, based on POLS Power tiers
Total Supply	72,000,000 $ARROW
Initial Circulating Supply (including MM)	4,032,000 $ARROW
Initial Market Cap (including MM)	$1,440,000
FDV at Launch	$25,000,000
Token Release Schedule	25% unlocked at TGE, weekly vesting beginning immediately over 4 months (16 weekly unlocks with 4.6875% released each week)

Read more in Arrow’s Whitepaper, IDO blog by Avalaunch, or Arrow Markets Project Page on Polkastarter.

Allocations

Here's the allocation breakdown per tier:

• +50,000 POLS Power - $600
• +30,000 POLS Power - $450
• +10,000 POLS Power - $300
• +3,000 POLS Power - $200
• +1,000 POLS Power - $125
• +250 POLS Power - $50

• Community Winners - $300

You can buy $ARROW up to your maximum allocation size, in one or multiple transactions. You can contribute less than your max allocation, but not more.

Sale Structure

Just like GAM3S.GG and Truflation. Arrow Markets IDO will follow our updated Guaranteed Allocation sale model.

Here's how the sale process will unfold:

2:00pm - Guaranteed Allocation phase begins. For exactly 1 hour, users with "Allowlisted" application status will be able to buy up to their full allocation, in one or multiple transactions.
3:00pm - First Come First Served (FCFS) phase begins. Now all of the users with "Allowlisted FCFS" status will be able to join the pool and buy up to their respective max allocation. FCFS pool will have its dedicated allocation (some % of the total amount raised), and any leftover funds unsold in the Guaranteed phase will be added on top.

You can find your Arrow project application status on your Dashboard. Check all possible project application statuses here. For more details on the Guaranteed sale structure, visit this blog article.

How to Participate in an Avalanche Pool

New to Avalanche and $AVAX-based sales? These useful links will get you started:

👉 How to Participate in an Avalanche-Based Sale on Polkastarter
👉 How to Add Avalanche to Your Metamask Wallet
👉 Step-by-Step Participation Guide to Token Sales on Polkastarter

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About Arrow Markets
Arrow Markets merges traditional web2 efficiency with the transparency of blockchain to revolutionize options trading, offering clear, efficient pricing in an intuitive platform suitable for both new and seasoned traders.

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.