FLASH LOAN IDO Whitelisting is Now Open on Prostarter
IDO ANNOUNCEMENT🔥 We are glad to announce IDO launch of Flash Loan and its whitelisting application is now OPEN on Prostarter 🚀✨
Whitelisting Application for FLASH LOAN IDO
Starts: 30th October, 9AM UTC
Ends: 1st November, 6 AM UTC
Live IDO Whitelisting: 1st November, 8AM UTC
What is Flash Loans?
Flash loans is a new uncollateralized loan product in DeFi. Flash loans empower traders and DeFi users by enabling instant borrowing with no collateral required provided that the liquidity is returned to the pool within one transaction block.
If the flash loan trade will not return the full liquidity to the pool, the whole transaction is reversed to effectively undo all the actions executed until that point. This guarantees the safety of the funds in the reserve pool.
Flashloans.com can be utilised by anyone with a web 3 wallet and a requirement for using Flash loan liquidity- either this is to perform an arbitrage trade, self liquidate a DeFi loan, or providing a collateral swap for an existing DeFi position and more.
$FLASH is the native token of the Flash Loans project. Flashloans.com users can collect FLASH tokens simply by using the platform; each trade carried out on the platform will increase the number of FLASH tokens awarded.
Flashloans.com users can collect FLASH tokens simply by using the platform; each trade carried out on the platform will increase the number of FLASH tokens awarded.
FLASH token ownership gives access to advanced analytics, lower fees, and DeFi exclusive opportunities.
By staking FLASH tokens or providing liquidity, users can receive FLASH token rewards.
Flash Loans IDO Details
- Total Allocation: $50,000
- Price per $FLASH: $0.05
- Max individual allocation: $200
- Min individual allocation: $100
- 90% Allocations for $PROT Pool
- 10% Allocations for Public Pool
- Winners will have to spend BNB to buy their allocation.
- 100% $FLASH Unlock on TGE
Those who have locked $PROT tokens for lottery tickets will have to select $PROT Pool whereas others will have to choose Public pool when filling the whitelist application form.
👑 Pro Kings will have one guaranteed allocation whereas other PROT holders will have to lock their tokens to secure a lottery ticket to have a chance of selection in IDO whitelisting. More tickets will bring more chances of selection in the IDO whitelisting. The lottery Ticket calculator can be accessed from your account’s dashboard page on the Prostarter website.
Find out what is Prostarter Lottery Ticket system is and how it works 👉 bit.ly/3vVRW7k
How to Apply for $FLASH IDO Whitelisting
Here are the following requirements you need to fulfill in order to apply for Flash Loans IDO on the Prostarter launchpad.
- Follow Flash Loans Twitter Account
- Join Flash Loans Telegram Group
- Follow Prostarter on Twitter
- Join Prostarter Announcement Channel on Telegram
- Join Prostarter Official Group on Telegram
- Retweet the Flash Loans IDO Whitelisting Tweet
- Tweet your favorite feature of the Flash Loans project using the hashtags $FLASH, $PROT, #Prostarter (Optional)
- The application form is available on the Prostarter website.
Follow the important information regarding $FLASH IDO Whitelisting.
- No invalid BEP-20/ERC20 addresses, Telegram handles, or Twitter accounts
- Entries by bots will not be accepted.
- Entries with duplicate identities will be rejected.
- Entries without following the required steps will not be accepted.
- IDO Whitelisting for token $FLASH will be held live on the Prostarter launchpad on 1st November, 8AM UTC.
- Once whitelisted, users will be given 24 hours to buy their allocation and to pass the KYC process.
About Flash Loans
Flash Loans is a new uncollateralized loan product in DeFi. Flash loans empower traders and DeFi users by enabling instant borrowing with no collateral required provided that the liquidity is returned to the pool within one transaction block.$FLASH is the native token of the Flash Loans project. Flashloans.com users can collect FLASH tokens simply by using the platform; each trade carried out on the platform will increase the number of FLASH tokens awarded.
Flash Loans Social Channels
Prostarter is a community-centric and cross-chain IDO launchpad offering projects fundraising, token sales, and many other opportunities for the Crypto community. Cross-chain IGOs, Live Whitelisting, and One Time KYC are some of the core features that make Prostarter a transparent launchpad platform. Furthermore, NFT Marketplace and NFT launchpad are the upcoming developments Prostarter team is working on to bring ride of excitement and creativity for digital artists.
Prostarter Social Channels
- Telegram Official Group
- Announcements Channel
- Facebook Page
- Youtube Channel
- PROT Contract Address
Besides other socials also follow Prostarter Medium blog to stay tuned about upcoming IGOs and IDOs and more updates from the platform of Prostarter launchpad.