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.

Every 1,000 POLS equals 1 ticket, so 2,000 POLS = 2 tickets, 3,000 POLS = 3 tickets and so on.

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.

We have 5 different POLS 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, Higher Allocation and extra benefits. Get to know them here!

It’s important to understand that inside each tier, wallets with more tickets will have a higher probability.

For tiers from #1-4, 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 PM, the next IDO you can participate in would be on 21 December at 3:01 PM at the earliest.

Tier #5 & #6 holders have no cooldown, meaning you can participate in as many IDOs as you’d like whenever you’d like.

Here’s an example percentage split based on IDOs up until November 2023.

NOTE: this percentage may change after every IDO as we recalculate the participation data from the most recent sales. You can always check the most recent stats on polkastarter.com/dashboard.

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

You can connect with us on Telegram or Discord.

We're all ears.

Buzzing to learn how you can participate in Polkastarter IDOs? Check the articles below 👇