In order to participate in KCC’s premier launchpad, KuStarter, how much $KUST do you need?
We are delighted to announce our tier list, in order to get access to the best launching tokens on KCC.
For all $KUST holders
Updated tier list, as of 31st July 2021, available here.
- Tokens must be staked for a minimum of 7 days in order to be elegible, staking will generate a yield funded by our staking reward pool.
- Staking will be easily facilitated on our platform, and we will publish tutorials on how to do so.
Tier 1 — Bronze
- Stake 2000 $KUST
- Weighting of 0.5 (for weighting details see below)
- Allocation based on a lottery
- You may need to complete tasks such as: tweet about project, follow project on Twitter, join project’s Telegram, etc.
Tier 2 — Silver
- Stake 5000 $KUST
- Weighting of 1.0 (for weighting details see below)
- Guaranteed allocation
- You may need to complete tasks such as: tweet about project, follow project on Twitter, join project’s Telegram, etc.
Tier 3 — Gold
- Stake 15000 $KUST
- Weighting of 2.5 (for weighting details see below)
- You may need to complete fewer tasks such as: follow project on Twitter, join project’s Telegram, etc.
Tier 4 — Platinum
- Stake 25000 $KUST
- Weighting of 4.5 (for weighting details see below)
- No tasks, just claim
Tier 5 — Diamond
- Stake 45000 $KUST
- Weighting of 8 (for weighting details see below)
- No tasks, just claim
A summary of these tiers is shown below:
What does “weighting” mean?
KuStarter will operate a guaranteed allocation for some tiers (as mentioned above). This will work based on the following formula:
Total slots = (number of participants tier 5 * weighting of tier 5)
+ (number of participants tier 4 * weighting of tier 4)
+ (number of participants tier 3 * weighting of tier 3)
+ (number of participants tier 2 * weighting of tier 2)
+ (capped number of participants tier 1 * weighting of tier 1)
Your allocation = (total tokens / total slots) * your weighting
For example, for a project launching on KuStarter with 100,000 token allocation:
If 50 people participate, with a breakdown of:
- 5 participants @ tier 5
- 7 participants @ tier 4
- 15 participants @ tier 3
- 11 participants @ tier 2
- 12 participants @ tier 1
We get a total of 126 slots.
(5 * 8) + (7 * 4.5) + (15 * 2.5) + (11 * 1) + (12 * 0.5) = 126
100,000 / 126 = ~793.65 per slot
If you are a Diamond KuStarter member, you would get a guaranteed 6,349.2 tokens.
793.65 * 8 = 6,349.2
If you are a Gold KuStarter member, you would get a guaranteed 1,984.125 tokens.
793.65 * 2.5 = 1,984.125
Got all that?
We know this is a lot to take in. Rest assured, we will do the maths right in our platform (it will be open-source and you can check it out).
So, to summarise:
The more $KUST you have, the more tokens you’ll get that launch on KuStarter.
We can’t wait to show our platform to you!
Links
- Website: https://kustarter.com
- Telegram: https://t.me/kustarter_official
- Twitter: https://twitter.com/kustarter
- GitHub: https://github.com/KuStarter
