Finminity Token Offering on ZENDIT: Participation & Pool Details

Finminity
3 min readMar 29, 2021

$FMT will go live on ZENDIT on April 7th at 12:00 PM -1:00 PM UTC!

Finminity is pleased to announce the launch of its project on ZENDIT, powered by MantraDAO! We are excited to provide Finminity Community and MantraDAO Sherpas the details for the FMT token offering and instructions to whitelist for participation! We want to thank the MANTRA DAO team for their support as we officially kick-off Finminity on ZENDIT!

Whitelist Closes & Snapshot Taken simultaneously on April 1st, 2 AM UTC

Pool Opens on Wednesday, April 7th at 12:00 PM -1:00 PM UTC!

Participation Tiers

Finminity Supporters and MantraDAO Sherpas who meet these participation requirements will be eligible to enter the highest participation tier they qualify for on a per-wallet basis. One wallet can only participate in one tier and cannot participate in multiple tiers.

The participation tiers for ZENDIT from highest to lowest are:

Tier 1 EVEREST — Supplying 50,000 OM on ZENTEREST (zenOM)

  • Max Allocation Amount: $1000

Tier 2 ACONCAGUA — Staking 40,000 OM on MantraDAO old V2 pool or the new V2 pool (sOM), Supplying 40,000 OM on ZENTEREST (zenOM)

  • Max Allocation Amount: $800

Tier 3 DENALI — Holding 30,000 OM in your wallet, staking 30,000 OM (sOM) in on MantraDAO’s old V2 pool or the new V2 pool (sOM), or supplying 30,000 OM (zenOM)

  • Max Allocation Amount: $600

Tier 4 KILIMANJARO — Holding 100M OM Staked NFT

  • Max Allocation Amount: $400

Tier 5 ELBRUS — Holding a MANTRA DAO PolkaPet

  • Max Allocation Amount: $200

Round Tier and Terms:

  • Public Round Tokens
  • 75% unlocked after sale and the other 25% unlocked in next 30 days.

Finminity ZENDIT Pool Details

  • Token Ticker: $FMT
  • Total Raise Amount: $85,500
  • Total Available Tokens: 150,000FMT
  • Number of Pools: 1
  • Asset Pool Pairs: USDT/FMT
  • Pool Type: Private Sherpa Pool
  • Total Pool Raise : $85,500
  • USDT Token exchange offering Price: $0.57

Instructions for Whitelisting

  1. Join the Finminity Telegram community: https://t.me/FinminityOfficial
  2. Follow MANTRA DAO and Finminity on Twitter:
    https://twitter.com/finminity & https://twitter.com/MANTRADAO
  3. Like the announcement tweet of the FMT ZENDIT token launch on the Finminity Twitter page and quote retweet! Include the hashtags $OM & $FMT

4. Final step, complete this entry form before 2 AM UTC on 1st April 2021.

After the whitelist closes at 2 AM UTC on April 1st, we will be randomly picking a limited number of Finminity Supporters and MantraDAO Sherpas for each tier who will have access to the pools and will be announcing the winners’ ERC-20 wallet addresses via MantraDAO’s Twitter and Official News and Announcements at 12 PM UTC on April 5th.

Please note that even if you are randomly selected to access the pool this does NOT guarantee you have an allocation and you will need to act fast in order to take part in the pool!

About Finminity

Finminity is an innovative Polkadot-driven cross-chain DeFi investor services platform that is flexible, rewarding, and most importantly secures funds through DeFi safety protocols of Value Locks, DAO, and Milestone-based fund release.

Website | App | Telegram | Medium | Twitter | LinkedIn | YouTube

About MANTRA DAO

MANTRA DAO is a community-governed DeFi platform focusing on Staking, Lending, and Governance. MANTRA DAO leverages the crowd’s wisdom to create a community-governed, transparent, and decentralized ecosystem for web 3.0. Built on Parity Substrate for the Polkadot ecosystem, MANTRA DAO gives financial control back to the people to store and grow wealth together.

Website | Whitepaper | Telegram | Medium | Twitter | LinkedIn | GitHub

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Finminity

Making Fund Raising affordable for Startups and SMEs while managing investor risk through Decentralized Finance (DeFi) and Blockchain.