Tiers
Last updated
Last updated
As mentioned earlier, to be eligible for tiers, you must possess xSERA, which can be obtained by staking your SERA or SERA-LP tokens. The Syncera Tiers program is a crucial aspect of the Syncera platform that denotes a specific level of dedication. Each tier has its own benefits and privileges. To gain a better understanding of the tiers and the minimum criteria required to qualify for each tier, this chapter is a must-read!
The amount of tokens distributed to each tier is determined by various factors, such as the total amount of funds raised, the number of participants in each tier, and our pool weight algorithms. All whitelist winners will receive a proportional share of the total funds raised based on their respective tier.
Essentially, the token sale phase for a project on our platform usually lasts between 24 to 72 hours, giving investors enough time to get their funds ready and purchase their allocated tokens. However, if an investor fails to contribute during this period, they will lose their allocation. If any tokens are left unsold after the sale, the project team can decide on different options for the tokens, such as airdropping them, having a second round of sales, or making them available on a first-come, first-served basis.
This particular pool is restricted to users who have achieved a tier rank within the Syncera ecosystem. Your specific tier rank grants you distinct advantages and preferences when it comes to the member pool. You can attain a tier status by staking enough SERA tokens.
A fraction of the pool's total size is set aside for the general public. Any user of the Syncera platform can sign up to participate in this pool. However, winning a spot on the whitelist in the community pool can be very challenging due to high demand. Therefore, participants on the whitelist are expected to complete a specific set of social tasks in order to increase their chances of being chosen in the whitelist lottery draw.
Our goal is to establish a predictable and equitable system that incentivizes users to acquire and hold SERA tokens. We constantly assess our distribution model to ensure it is functional, competitive, and advantageous for all members of the community, and we value your input!