# XGT Tiers for IDOs & INOs

To participate in any of the upcoming IDOs or INOs on Xion Finance, you will need to stake a certain amount of XGT in the farming pools.&#x20;

## How to participate in IDO/INO on Xion Finance

**Farming Pools Staking:**

1. Go to the **Xion Finance Website**: <https://xion.finance/farm_pool>
2. Open any of the following pools & Stake $XGT according to the $XGT tiers:\
   \- xDAI IDO/INO(ERC20)\
   \- XGT IDO/INO(ERC20)
3. 6 hours before the IDO/INO sale starts, your $XGT stake will be automatically locked in any of the IDO/INO pools mentioned above.
4. After your stake has been automatically locked, you can view “**Your Tier**” in the any of the pools mentioned above to see what allocation you have in the IDO or what early access you have in the INO sale.
5. Your $XGT stake will be **locked for 5 days** after the IDO or INO sale start date.

BSC IDO/INO pools will be released soon.

## $XGT INO TIERS

To get early access in the upcoming INOs on Xion Finance, you will need to stake $XGT at least 6 hours before the INO start date/time.

To get early access you are required to stake any of the following:

**ROOKIE X -** 250 XGT Staking Required\
**ROOKIE —** 2k XGT Staking Required \
**PRO —** 16k XGT Staking Required \
**VETERAN —** 29k XGT Staking Required \
**ELITE** — 58k XGT Staking Required&#x20;

## $XGT IDO TIERS

To get a guaranteed allocation in the upcoming IDOs on Xion Finance, you will need to stake $XGT at least 6 hours before the IDO start date/time.

To be eligible for any of the tiers you are required to stake the following:

**ROOKIE X -** 250 XGT Staking Required (0.25x Pool Weight)\
**ROOKIE —** 2k XGT Staking Required (1x Pool Weight)\
**PRO —** 16k XGT Staking Required (3x Pool Weight)\
**VETERAN —** 29k XGT Staking Required (6x Pool Weight)\
**ELITE** — 58k XGT Staking Required (14x Pool Weight)

> The more you stake, the bigger your allocation will be in the IDO

## Locking Periods for IDOs & INOs <a href="#id-67c0" id="id-67c0"></a>

To ensure a fair launch for all IDO/INO projects, your $XGT stake will be automatically **locked for 5 days** from the start date of the IDO/NFT sale.

This makes sure that any guaranteed staking participants are actively staking before, during and after the IDO/NFT sale. Reinforcing the staking requirements to avoid allocations being distributed to investors that have not staked according to the specified tiers.

## **How Subscription Boosts, Base Allocations & Pool Weights Work for IDOs**

We identify stakers that have the boost(subscribed to the $1 subscription) and then identify each tiers pool weight.

**Example:**

**NON-BOOSTED STAKERS**

*ROOKIE — 1000 STAKERS X1 POOL WEIGHT = 1000*

*PRO — 500 STAKERS X3 POOL WEIGHT = 1500*

*VETERAN— 250 STAKERS X6 POOL WEIGHT = 1500*

*ELITE— 100 STAKERS X 14 POOL WEIGHT = 1400*

Let’s say there are 10 of each tier that have the boost, in that case we have a total sum of 5400 weighted stakers.

**BOOSTED STAKERS**

*ROOKIE — 10 STAKERS X1 POOL WEIGHT = 10*

*PRO — 10 STAKERS X3 POOL WEIGHT = 30*

*VETERAN — 10 STAKERS X6 POOL WEIGHT = 60*

*ELITE— 10 STAKERS X 14 POOL WEIGHT = 140*

240 weighted stakers that receive a guaranteed allocation boost, which leaves 5160 weighted stakers that have no boost. Essentially, we add 35% to the boosted ones and reduce the amounts for the non-boosted ones accordingly.

Now with $50,000 and the old amount of 5400 it was $9.259 per weighted staker. Now we have two values, one for the boosted stakers and one for the non-boosted stakers.

Therefore, that would be $9.117 for the non-boosters (5160\*9.117 = $47,043) and then $12.307 for the boosted ones (9.117 plus 35% = $12.307), so a total of $2,957 for the boosters which leads and to $50k the $9.117 value is 50,000/(5160+240\*1.35).


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