Introducing Hemi Validator Passport Sale

Introducing Hemi Validator Passport Sale

Impossible Finance users, stake IDIA to earn allocation for the Hemi Validator Passport Sale!

Charlotte

We are proud to unveil Impossible Finance’s Hemi Validator Passport Sale. 

Impossible Finance is a strategic sale architect and partner for Hemi’s Validator Passport Sale, and we are honoured to contribute to the Hemi ecosystem in this exciting stage of their growth.

As a special offer for Impossible Finance users, we have secured 888 Explorer Passport Allocation (value of ~ US$600K) in our staking campaign! More details below. 

What is Hemi?  

Hemi is a modular Layer 2 blockchain network that bridges the strengths of Bitcoin and Ethereum to create a unified supernetwork. Unlike traditional siloed approaches to scaling and interoperability, Hemi treats Bitcoin and Ethereum as complementary components, unlocking new possibilities for Web3, Bitcoin DeFi, and cross-chain applications.

Hemi is backed by Binance Labs, Breyer Capital, Big Brain Holdings, Impossible Finance, and more, positioning it at the forefront of blockchain innovation. The team behind Hemi includes an early Bitcoin Core developer, and blockchain security pioneer, bringing together deep technical expertise and leadership from across the blockchain and open-source communities.

At the heart of Hemi is the Hemi Virtual Machine (hVM), which combines a fully indexed Bitcoin node with an Ethereum-compatible environment. This unique design offers developers unmatched access to the states of both networks, enabling advanced Bitcoin-native applications such as configurable smart wallets, non-custodial Bitcoin lending, and trustless staking protocols. The Hemi Bitcoin Kit (hBK) extends this functionality, providing tools to build DeFi applications that were previously impractical or impossible.

Hemi also introduces Encapsulation, a powerful feature for packaging and transferring digital assets. With encapsulation, developers can package assets into secure, feature-rich containers, enabling gasless transfers, on-chain password protection, and two-factor authentication (2FA). This expands the usability of digital assets while enhancing security and user experience.

Through its Proof-of-Proof (PoP) consensus, Hemi inherits Bitcoin’s security in a decentralized and permissionless manner, achieving better-than-Bitcoin finality (superfinality) in just a few hours. This ensures faster, more secure transactions and enables the network to extend Bitcoin-level security efficiently across multiple blockchains.Its Tunnels system facilitates secure and seamless movement of assets between Bitcoin, Hemi, and Ethereum without middlemen. By leveraging existing developer tools and the widely adopted Ethereum Virtual Machine (EVM), Hemi eliminates the need for new languages or frameworks, enabling any Solidity developer to access its advanced features immediately.

Hemi’s integrated approach improves not only blockchain scalability and security but also enhances the capabilities of both Bitcoin and Ethereum ecosystems. Developers gain better tools, Bitcoin becomes more programmable, Ethereum becomes more secure, and users benefit from innovative applications like cross-chain DAOs, Bitcoin MEV marketplaces, and non-custodial escrow services.

What truly sets Hemi apart is its unique applications that are difficult to implement efficiently elsewhere. By synthesizing the best of Bitcoin and Ethereum, Hemi provides the infrastructure needed for a scalable, interoperable future that supports decentralized applications, AI integration, and the broader challenges of a Web3-driven Internet.

For more details, read the Hemi docs and blog.

What are Hemi's Validator Passports?

Hemi’s Validator Passports are essential tools for running decentralized infrastructure within the network. These Passports enable operators to manage decentralized RPC sequencers, which are critical for transaction ordering, network security, and ensuring efficient data processing.

The network's architecture is built on a progressive system where operators begin by running RPC Passports, advance to decentralized sequencing, and ultimately handle Layer 3 processing. Validator Passports formalize this participation, helping the network maintain integrity by tracking activities and facilitating fair workload distribution.

By leveraging these Passports, Hemi ensures a decentralized, secure, and scalable system for processing transactions and fostering interoperability between Bitcoin and Ethereum, laying the foundation for the next generation of blockchain applications.

Keep reading to learn more!

Hemi Validator Passport Sale

By running Validator Passports, participants contribute to Hemi’s decentralized infrastructure, supporting secure transaction processing and cross-chain interoperability. This sale ensures equal opportunity for all participants, aligning with the principles of decentralization. The Validator Passport also grants access to the decentralized sequencer, which is crucial for enhancing scalability and efficiency. In return, operators gain access to advanced tools and opportunities within Hemi’s dual-chain ecosystem, with recognition for their role in building the network.

For more details, check out Hemi's official announcement here.

Hemi Validator Passport Sale Details

Total number of Passports for sale

24,200

Round 1 - Hemi Validator Passport Sale (Private)

03/02/2025 to 06/02/2025, 02:00 PM UTC

Round 2 - Hemi Validator Passport Sale (Public)

10/02/2025, 10:00 AM UTC - 13/02/2025, 02:00PM UTC

Public Sale Network

Arbitrum

Whitelist and Public Sale Purchase Token

USDC

Validator Passport Sale Venue

Hemi website (Stay tuned!)

Validator Passport Sale type

Private sale, Public Sale

Validator Passport transferability period

One year after the sale

Validator Passport Type

  • Pathfinder: US$500 per passport, $220M FDV, 10% unlock on TGE, 48-months rewards

  • Voyager: US$620 per passport, $273M FDV, 20% unlock on TGE, 24-month rewards

  • Explorer: US$750 per passport, $330M FDV, 30% unlock on TGE, 12-months rewards

Purchase limit

  • Phase 1 (1%) 

10/02/2025, 10:00 AM UTC - 11/02/2025, 4:00 AM UTC

- Pathfinder: 10 licenses per wallet (1%)

- Voyager: 30 licenses per wallet (1%)

- Explorer: 180 licenses per wallet (1%)

  • Phase 2 (10%)

11/02/2025, 4:00 AM UTC - 13/02/2025, 2:00 PM UTC 

- Pathfinder: 100 licenses per wallet (10%)

- Voyager: 300 licenses per wallet (10%)

- Explorer: 1800 licenses per wallet (10%)

Network launch (Passport activation)

Q1 2025

KYC requirements

Residents from countries or regions such as the United States, Cuba, North Korea, Iran, Iraq, Syria, Yemen, Sri Lanka, Venezuela, Crimea, Donetsk People’s Republic, and Luhansk People’s Republic regions or any other state, country or region that is subject to sanctions enforced by the United Nations are excluded from participating. This includes sanctioned individuals from any country.

Note that rewards are only unlocked upon successfully running the node - the TGE unlock only occurs if the node is successfully set up and operational. During the distribution period, the node will need to continue to be operational and any downtime while running the node will result in the forfeiture of rewards for that duration.

Impossible Whitelist Sale for Hemi Validator Passport

Impossible Finance has secured 888 Explorer Passports for our community. For a seamless experience, the IF Community can participate in the Whitelist sale entirely on the Impossible Launchpad by staking IDIA (BSC) and purchasing your allocation, without needing to go onto Hemi’s dedicated page for the Validator Passport Sale on its website. However, users who wish to participate in the Public Round or have joined other Whitelist campaigns can still access Hemi’s dedicated page for the sale.

Impossible Finance Whitelist Campaign Timeline

Whitelist Campaign  Period

Date & Time

KYC Preparation Period

Rolling ongoing basis

Staking Period

28/01/2025 6:00 AM UTC - 03/02/2025, 10:00 AM UTC

Purchase Period

04/02/2025 - 06/02/2025, 02:00 PM UTC

Distribution of Passports

More details on the distribution of Passports to be released soon

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How to get Allocation & Purchase?

Step 1: Participate in IDIA Staking Campaign on IF Launchpad website.

Step 2: Purchase your allocation between 04/02/2025 -06/02/2025, 02:00 PM UTC on the Impossible Launchpad.

IF Whitelist Campaign for Hemi Validator Passport Details

Number of Passports for whitelist (Impossible Staking Campaign)

888

Allocated Passports Type

Explorer

Allocated Passports for IDIA Standard Pool

533

Allocated Passports for IDIA Unlimited Pool

355

Allocation Mechanism

IDIA Staking

Cost per Passport

US$675 (10% discount applied, originally priced at US$750)

Impossible Staking and Purchase 

Campaign Venue

Impossible Launchpad

Network

BNB Smart Chain (BSC)

Purchase Token

USDT

StakeWeight Formula

The Staking Campaign will follow Impossible’s standard StakeWeight Allocation model, where the number of Validator Passports users get to purchase depends on 1) how much IDIA you stake and 2) how long you stake IDIA in relation to the other stakers of the pool.

Due to the campaign’s special circumstances, the calculations for the StakeWeight formula will be rounded up to determine the Validator Passport allocation. 

Estimated Rewards = Number of Whitelisted Validator Passport/s you will receive

Staking Amount: The amount (and how long) you stake corresponds to the amount of Passport/s you will receive. However, the Estimate Reward may not always be a whole number (e.g., 1 or 2 Passports) and we cannot sell fractions of Passports (e.g., 0.7 Passports).To purchase, you need to stake enough to obtain a whole number of Estimate Rewards. This balance will change daily as more users stake. If you drop below a full number (<1) you will need to increase your Stake to guarantee a Validator Passport allocation. So check regularly!

Examples

  • Estimate Rewards: 0.51 = 0 Passports
  • Estimate Rewards: 1.23 = 1 Passport
  • Estimate Rewards: 2.91 = 2 Passports

About Hemi

Hemi is a modular protocol that integrates Bitcoin and Ethereum to amplify and extend the core capabilities of the two leading blockchain networks. This offers a novel perspective on blockchain interoperability and scaling by approaching Bitcoin and Ethereum as components of a single supernetwork. The result provides new levels of blockchain programmability, portability, and potential. 

Website |X | Discord |Blog | Docs

About Impossible Finance

Impossible is an on-chain native, research advisory firm with a DeFi launchpad and accelerator. We help projects kickstart, fundraise, scale and launch their tokens while enabling users to learn, discover and invest in high-quality crypto opportunities.

Website | X | Discord | Telegram | Blog

Terms and conditions

  • DISCLAIMERS, TERMS, and RISKS
  • Impossible reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
  • Impossible reserves the right to determine the allocation of the Validator Passports
  • Users need to complete their KYC and also be from an eligible jurisdiction to participate in this token sale.