The Impossible Finance IDO #27 — Fuel Genesis Token Sale
Join the Fuel Network Genesis Sale, the 27th token sale on Impossible Finance
Who can Participate? Anyone can participate through the following tracks:
✅ IDIA Stakers
✅ Early Fuel Bridgors (before Dec 10th, 2PM UTC)
✅ Fuel Ecosystem Communities
✅ Ambassadors & Partners
✅ Open Genesis Sale
How to Participate? Read on!
Purchase Limits:
🔹 IDIA Stakers: Guaranteed allocation based on staking weight
🔹 Others: Distributed First-come First-served basis, with Max $2K (1st hour), $10K (after)
Key Dates:
📆 Dec 13, 6 AM UTC: IDIA Staking opens
📆 Dec 17, 10 AM UTC: Sale for Stakers, Early Fuel Bridgors & Communities
📆 Dec 18, 2 PM UTC: Open Genesis Sale
⚠️ KYC required before the sale!
⚠️ Countries not eligible for the sale: US, UK, HK, Mainland China & UN sanctioned countries.
As part of our collaboration with Fuel, we are thrilled to announce our #27 token sale: Fuel Network — a high-performance Ethereum L2, powered by the FuelVM and verifiable at home. Fuel Ignition is the fastest and cheapest Optimistic rollup on Ethereum. Since the launch of Fuel Ignition, it has surpassed $380 million in total value locked (TVL).
Starting soon, all eligible participants are invited to join the FUEL Genesis sale and access FUEL at an implied fully diluted value of $200 million, which represents an 80% discount from the last private sale price.
Fuel utilizes parallelized transaction execution with 21,000+ TPS per core capability. Fuel Ignition delivers a scalable architecture designed to run on inexpensive, consumer-grade hardware accessible to all.
Fuel is revolutionizing the Ethereum rollup ecosystem by integrating the purpose-built FuelVM, the highly optimized Rust-based programming language Sway, and the comprehensive toolchain Forc. This powerful combination provides developers with unimaginable experiences in the Ethereum ecosystem.
The backbone of Fuel technology, the FUEL token, will secure the Fuel sequencing network, pay for chain resources and eliminate transaction fees for users while creating new markets for L2 applications.
FUEL’s supply is as below:
- 20% to the Community - including 5% in total for community expansion efforts split between participating platforms and the remaining 15% for incentives, programs, campaigns and activations.
- 16% to Contributors, who developed the Fuel technology stack and contributed to the growth and success of the Fuel ecosystem to date.
- 30.8% to Ecosystem and R&D, to drive ecosystem growth and for future Fuel technology research and development.
- 33.1% to Purchasers, who purchased from 2020 to 2022.
On the ecosystem side, 50+ projects are live on Fuel Ignition within the first month of launch, along with 81 projects currently on Fuel. Fuel has $380+ million in TVL since launch, placing Fuel Ignition among the top 10 L2s by TVL.
Participate in the token sale via the Impossible Launchpad
Learn how to use the Impossible Launchpad
Subscription Timeline
Fuel Network Token Sale Details
Launchpad Pools
(**) Updated as of 12/12/2024: Allowance size was updated to provide slightly more access for the Open Genesis Sale, which is open to everyone, so that we can bring more new users into the Fuel ecosystem
How to participate in the Impossible Finance pool - IDIA staking:
- Who can participate: Users who stake IDIA in the Standard/Unlimited Pool.
- How to stake:
- If you haven’t already, purchase your IDIA tokens on Thena.Fi.
- Stake your IDIA tokens on Impossible Launchpad during the staking period (13/12/2024 6AM UTC to 16/12/2024 2PM UTC)
- There are two types of IDIA Staking Pool:
- IDIA Standard Pool: Stake a maximum of 50,000 IDIA tokens
- IDIA Unlimited Pool: Stake an unlimited amount of IDIA tokens
- How to participate in the sale:
- Step-by-step guide on the sale process: Visit here
- User Allowance: Guaranteed participation based on the StakeWeight (refer to “Staking Pool Token Participation Limit Calculation” below).
- Purchase your guaranteed allowance during the Purchase Period (17/12/2024 10AM UTC to 18/12/2024 10AM UTC)
- Purchase token: USDT
- Available Network: BSC
How to participate in the Fuel Ecosystem Community pool
- Who can participate: Fuel Network’s Ecosystem Community that are whitelisted
- How to become whitelisted: Fluid, Swaylend, Mira and Spark will be running exclusive whitelist campaigns with Impossible until 14/12/2024—follow us on X for updates. For other ecosystem projects, kindly stay tuned for more information.
- How to participate in the sale:
- Step-by-step guide on the sale process: Visit here
- If you’ve been whitelisted, connect your wallet on Impossible Launchpad and you will be able to see a specific whitelist sale card during the Purchase Period (17/12/2024 10AM UTC to 18/12/2024 10AM UTC).
- User Allowance: Not guaranteed, on a first-come first-served basis.
- Purchase token: USDC
- Available Network: Arbitrum
- Purchase Cap: Each user participating in this sale may purchase up to a fixed cap of US$2,000 during the first hour. After the first hour, the cap will increase to $10,000.
- The sale will end as soon as the pool allowance amount has been fully purchased.
How to participate in Early Fuel Bridgors pool
- Who can participate: If you've used the Fuel Bridge before 10/12/2024 2:00PM UTC, you will be whitelisted for this pool.
- How to become whitelisted: Check your eligibility on Impossible Launchpad. Connect your wallet—if you see a whitelist sale card, you're eligible!
- How to participate in the sale:
- Step-by-step guide on the sale process: Visit here
- If you’ve been whitelisted, connect your wallet on Impossible Launchpad and access the whitelist sale card during the Purchase Period (18/12/2024 2PM UTC to 18/12/2024 4PM UTC).
- User Allowance: Not guaranteed, on a first-come first-served basis.
- Purchase token: USDC
- Available Network: Arbitrum
- Purchase Cap: Each user participating in this sale may purchase up to a fixed cap of US$2,000 during the first hour. After the first hour, the cap will increase to $10,000.
- The sale will end as soon as the pool allowance amount has been fully purchased.
How to participate in Ambassador and Partner Communities Sale
- Who can participate: Users within our ambassador and partner communities have already been whitelisted.
- How to become whitelisted: The whitelist process has already been concluded.
- How to participate in the sale:
- Step-by-step guide on the sale process: Visit here
- If you’ve been whitelisted, connect your wallet on Impossible Launchpad and you will be able to see a specific whitelist sale card during the Purchase Period (17/12/2024 10AM UTC to 18/12/2024 10AM UTC).
- User Allowance: Not guaranteed, on a first-come first-served basis.
- Purchase token: USDC
- Available Network: Arbitrum
- Purchase Cap: Each user participating in this sale may purchase up to a fixed cap of US$2,000 during the first hour. After the first hour, the cap will increase to $10,000.
- The sale will end as soon as the pool allowance amount has been fully purchased.
How to participate in Open Genesis pool
- Who can participate: Anyone that has completed KYC on Impossible Launchpad
- How to participate in the sale:
- Step-by-step guide on the sale process: Visit here
- User Allowance: Not guaranteed, on a first-come first-served basis.
- Connect your wallet and participate during the Open Genesis Sale period during the Purchase Period (18/12/2024 2PM UTC to 18/12/2024 4PM UTC).
- Purchase token: USDC
- Available Network: Arbitrum
- Purchase Cap: Each user participating in this sale may purchase up to a fixed cap of US$2,000 during the first hour. After the first hour, the cap will increase to $10,000.
- Reminder: Any unsold tokens from the other allowance pools will be added to this Open Genesis Pool, increasing the sale allowance size.
- The sale will end as soon as the pool allowance amount has been fully purchased.
Launchpad Staking Pools (Sale cards)
For Fuel Network FUEL Genesis sale, we will be having 4 types sale cards to cater to different users:
- IDIA Standard Sale: Stake limit - Users can stake a maximum of 50,000 IDIA tokens at any one time as consideration for allowance. The maximum FUEL a user is able to purchase is capped at the user’s allowance, which is calculated after the staking period.
- IDIA Unlimited Sale: No stake limit - Users can stake any amount of IDIA at any time as consideration for allowance. The maximum FUEL a user is able to purchase is capped at the user’s allowance, which is calculated after the staking period.
- Fuel Ecosystem Communities, Early Fuel Bridgors, Ambassador and Partner Communities: This pool is reserved for Fuel Network Ecosystem Communities, Early Fuel Bridgors, Ambassador and Partner communities only. Whitelisted users can purchase FUEL on a first come first serve basis without needing to stake IDIA tokens. Users are required to KYC. Make sure to complete your KYC process as soon as possible with your whitelisted wallet to avoid any issues on the day of the sale. Users participating in this sale can purchase up to a fixed cap of US$2,000 during the first hour. After the first hour, the cap will increase to $10,000. Do note that the sale will end as soon as the tokens available for sale each corresponding pool have been fully purchased.
- Open Genesis Sale: Users can purchase FUEL on a first come first serve basis without needing to stake IDIA tokens. Users are required to KYC. Make sure to complete your KYC process beforehand to avoid any issues on the day of the FCFS sale. Users participating in this sale can purchase up to a fixed cap of US$5,000 per wallet during the FCFS period. Any unsold tokens from the Purchase Period will be added to the Open Genesis Sale, increasing the pool size. Do note that the sale will end as soon as the tokens available for sale in this pool have been fully purchased.
Helpful Guides
How to Get IDIA Tokens
If users do not have IDIA tokens yet for the FUEL sale, you can purchase or swap it below:
- BSC: Thena Finance
- Arbitrum: Pancakeswap.
Staking Pool Token Allowance Calculation
- The staking pool for Fuel Network FUEL will follow the standard Impossible Launchpad staking subscription format whereby users’ stakeWeight is calculated based on the proportional amount of IDIA or they stake and the duration they stake relative to the total amount and staking duration of the entire pool, with users’ staked IDIA balances recorded at the start of the stake period.
- This design is currently selected to ensure that all users can have a proportionate access into the FUEL token depending on which pool they enter into. As we develop the Impossible launchpad product offering, we will enable other fair, smart allowance mechanisms which will further decentralize token distribution.
KYC Details
- KYC Preparation Period: Rolling ongoing basis. We require 15 IDIA or 25 IF tokens to start KYC to prevent bots from spamming our KYC partner. Users can KYC anytime during the entire token sale timeline, but will not be able to stake until their KYC is completed. To maximize the staking utility of users' IDIA, users have to pass KYC before the staking period begins. In other words:
- If users pass KYC after the end of the staking period, they will miss the opportunity to participate
- If users pass KYC during staking period, they will only be able to stake for the remaining staking period and receive a lesser allowance than if they were to start staking from the beginning of the staking period
- For more details about how to verify your wallet and pass KYC, follow our guide here!
About Fuel
Fuel Ignition is a high-performance Ethereum L2, powered by the FuelVM and verifiable at home.
Fuel combines innovative features to bring new capabilities to Ethereum without compromise. Fuel rollups feature parallelized transaction execution, native account abstraction, and wallet support. The Fuel stack, built from the ground up, transforms dApp development with a UTXO-based model and purpose-built tools.
Website | Twitter | Docs | Telegram | Blog
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.
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Terms & 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.
- Users need to complete their KYC and also be from an eligible jurisdiction to participate in this token sale.
