It mandatory for you to KYC on Impossible Finance to participate in any IDOs. This process might take up to 72 hours to complete, so be sure to do as soon as you can. If you haven't done so yet, verify your Wallet by passing our KYC process.
Be sure to KYC using the same wallet address that was whitelisted for the IDO allocation.
If you already passed KYC on one wallet, you can use the SAME wallet on any future IDOs without having to pass KYC again.
Step 3: Choose IDO
On the Invest Page, select the IDO you want to participate in, under Live Projects.
Step 4: Stake IDIA (optional)
As a Whitelist allocation winner, you still have the option to stake vIDIA or IDIA during the Staking Period if you would like to receive more allocation.
If you would like to purchase tokens directly during the Purchase Period (Step 5), you may skip this step.
If you would like to stake, here’s how:
During the Staking Period, choose how much IDIA you want to Stake, approve it on your Wallet & Stake it.
Do note that the Staking Period closes before the Purchase Period. Be sure to check our IDO Announcements on the Impossible Blog for the full timeline of each IDO.
Please note that even though you CAN unstake your IDIA Tokens at any time during the Staking Period, your Allocation Weight WILL BE REDUCED if you do so (check here for more info → Launchpad FAQ).
Step 5: Purchase Tokens
Once the Purchase Period starts, you will be able to see a Sale card specifically for Whitelist allocation winners. Select the amount of tokens you wish to Purchase, approve it on your Wallet & Purchase it.
Please be aware! If you do not purchase your Allocation during the Purchase Period, you automatically forfeit your allocation and will not be able to buy it afterward!
Step 6: Claim Tokens
Once the Claim Period starts, you can then Claim your purchased Tokens! Just click Claim, approve the Transactions on your wallet & add the Token Address to your Wallet.
Depending on each IDO, there may be times you will not need to claim tokens as they will be sent/airdropped directly into your wallet. Be sure to check each IDO announcement for more information about claiming tokens.
Step 7: Manage Participated Projects
You can always go to the manage tab to have an overview of your participated projects and manage those tokens as well as your IDIA.
You can also use the side bar for quick access if you click on a project row.
You have now successfully learned how to participate in an Impossible Finance IDO!
About Impossible Finance
Impossible Finance is the go-to crypto investment platform that empowers you with high-quality, fair and accessible crypto opportunities. We simplify DeFi so you can enjoy fairer investing, cheaper trading and better yields through our accelerator, launchpad, and swap platform.
At Impossible Finance, we believe that accessibility, security, project quality and a strong community are the makings of a stellar launchpad. The absence of any of these characteristics is detrimental to them achieving long-term success.