> For the complete documentation index, see [llms.txt](https://docs.solvm.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.solvm.io/tokenomics/ido.md).

# IDO

### Series Details

#### Series A

* **Date**: August 2, 2024
* **Time**: 10:00 - 11:00 (UTC)
* **Allocation**: 500,000 USDT
* **Price**: 0.01 USDT

#### Series B

* **Date**: August 3, 2024
* **Time**: 10:00 - 11:00 (UTC)
* **Allocation**: 300,000 USDT
* **Price**: 0.01 USDT

#### Series C

* **Date**: August 5, 2024 - August 16, 2024
* **Time**: Starts at 10:00 (UTC) on August 5, ends at 11:00 (UTC) on August 16
* **Allocation**: 2,000,000 USDT
* **Price**: 0.018 USDT

**KOL Link Purchase Benefits (Applicable to Series A through C)**

* For purchases of $3,000 or more: 3% bonus on the purchase amount
* For purchases of $5,000 or more: 5% bonus on the purchase amount
* All purchasers receive an NFT: This NFT doubles the staking APY

### IDO Participation Details

#### Payment Currency

* SOL
* USDC
* ETH
* USDT(ERC20)
* BNB
* BSC-USD(BSC)

#### Minimum Purchase Amount

* $500

#### Token Generation Event

* TBA

### Vesting Schedule

#### Series A & B

* **TGE**: 5% unlock
* **Vesting**: 1 month cliff, followed by 12 month vesting

#### Series C

* **TGE**: 7% unlock
* **Vesting**: 1 month cliff, followed by 9 month vesting

#### Airdrop

* **TGE**: 60% unlock
* **Remaining**: 40% unlock on week 2

#### Liquidity, Market Making, and Incentives

* **TGE**: 20% unlock
* **Vesting**: 24 month vesting period

#### Team

* **Vesting**: 6 month cliff, followed by 24 month vesting

#### Ecosystem

* **Vesting**: 1 month cliff, followed by 48 month vesting

#### Marketing and Partnerships

* **Vesting**: 48 month vesting

### Notes

* TGE refers to the initial token unlock at the launch.
* Cliff period means no tokens are released during this time.
* Vesting calculation: (Total allocation - TGE unlock) ÷ Vesting months


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