The Syndicate Listing Event for FLOW with a USD 250,000 allocation at 50% OFF
Crypto.com is pleased to announce the listing of Flow - Dapper Labs (FLOW) on The Syndicate platform. If you don’t have an account, sign up for the Crypto.com Exchange now to qualify for this sale!
What is Flow?
Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of games, apps, and the digital assets that power them. It is based on a unique, multi-role architecture, and designed to scale without sharding, allowing for massive improvements in speed and throughput while preserving a developer-friendly, ACID-compliant environment.
Read more here.
FLOW Listing on the Crypto.com Exchange
All Crypto.com Coin (CRO) stakers will be able to participate in a discounted sale event for $250,000 USD worth of FLOW at 50% off. The Syndicate event will commence on Tuesday, 30 March 2021 on the Crypto.com Exchange lasting for 24 hours.
Sale Amount & Subscription Price:
- Total FLOW Supply: USD 250,000 worth of FLOW
- Discount rate: 50%
Each participant’s maximum amount of CRO that can be applied towards the listing event will depend on the amount of CRO Staked and past 30 days’ trading volume on the Crypto.com Exchange, as shown below:
Syndicate Allocation Subscription:
- Crypto.com Exchange users will be able to subscribe for FLOW by contributing an amount of CRO tokens not exceeding their respective maximum allocation. Staked CRO tokens may not be used to subscribe for FLOW in the listing event.
- Crypto.com Exchange users will need to trade the minimum volume required at your CRO staked level in the past 30 days in order to be eligible to subscribe.
- The past 30-day trading volume is calculated daily at 00:50:00 UTC; thus, the volume calculated as of 30 March 2021 00:50:00 UTC will be used to determine your eligibility. For more information regarding exact cutoff times, refer to our FAQ here.
NOTE: The trading volume can take up to 1 day to calculate at most. To avoid any delays, we advise you to satisfy the trading requirement well in advance of the subscription timelines.
Listing Event Timeline:
Syndicate Allocation Distribution:
The sales will last for 24 hours from 30 March 2021 06:00 UTC till 31 March 2021 06:00 UTC. “Acceptance Period” will start 7 days after the “Sales Ends”. Estimated APY (annual percentage yield) for the event is 121%* on CRO contributed during the 7-day period.
Listing event participants will receive their finalised FLOW allocation at Distribution Time. If the total contributed amount for the listing event is above the total discounted allocation, each individual participant’s final FLOW allocation will be calculated as follows:
*Estimated APY is calculated based on the CRO contributed in the previous FIL Syndicate Listing Event
- Crypto.com reserves the right to cancel or amend The Syndicate campaign rules at its sole discretion.
- Citizens and residents of the United States, China and Hong Kong will be excluded from The Syndicate campaign.