Hello SolRazrs!
We said it before and we are saying it again. We are thrilled to launch Chingari’s GARI token on SolRazr — the BIGGEST launchpad IDO ever!
We have prepared this detailed guide to the IDO process and how you can purchase GARI on SolRazr.
Before we jump into the details, here’s the quick recap of the important information about the IDO. You can checkout our IDO details page for more info.
Chingari IDO on SolRazr: https://solrazr.com/projects/chingari
Chingari (GARI) Website: https://gari.network/
Chingari (GARI) Twitter: https://twitter.com/GariToken
Chingari (GARI) Telegram: https://t.me/garitokenofficial
Chingari (GARI) Discord: https://discord.gg/PkBgJEfJXR
SolRazr (SOLR) Website: https://solrazr.com/
SolRazr (SOLR) Twitter: https://twitter.com/Solrazr_App
SolRazr (SOLR) Telegram: https://t.me/solrazr_community
This guide will explain everything you need to know about participating in GARI token sale (IDO) on SolRazr. IDO will happen in 2 phases. Phase 1 is SolRazr Pool which is accessible to those who stake SOLR. Phase 2 is Open Pool where anyone can participate.
KYC is mandatory for both pools. While you are allowed to participate in the IDO, you will receive GARI tokens only upon successful verification of KYC.
Please check the last section of this article for more information on KYC.
Please note that participation in this pool requires SOLR to be staked. You can stake SOLR @ solrazr.com/staking
Staking guide is available here
Your allocation is capped based on how many SOLR you stake (tier you belong to) and the number of weeks you stake (tickets you earn). Minimum allocation for all tiers is $100
Tier 0 (Soil): Allocation is capped at $625 per ticket you hold. Maximum allocation is $5,000 if you are holding 8 tickets.
Tier 1 (Seed): Allocation is capped at $3,125 per ticket you hold. Maximum allocation is $25,000 if you are holding 8 tickets.
Tier 2 (Sapling): Allocation is capped at $12,500 per ticket you hold. Maximum allocation is $100,000 if you are holding 8 tickets.
Tier 3 (Tree): Allocation is capped at $100,000 for 2 tickets you hold. Maximum allocation is $250,000 if you have more than 2 tickets.
Tier 4 (Mighty Oak): Allocation is capped at $250,000 for 2 tickets you hold. Maximum allocation is $500,000 if you have more than 2 tickets.
You can stake anytime before the IDO opens as tickets are granted to you instantly based on how many weeks you select for staking. No need to stake days or weeks in advance, although we advise to stake as early as possible to avoid last minute rush.
Please note that, unlike our other IDOs, there is no whitelist or lottery system for GARI token sale. Once you stake, you can come directly on the day of the IDO to participate in the token sale. IDO is FCFS basis.
Step 1: Connect Your Wallet
Please visit https://solrazr.com/projects/chingari and connect your wallet to start the IDO process. You can connect by choosing your preferred wallet. We support Sollet and Phantom. Sollet is an open-source wallet for advanced users and developers. We highly recommend using Phantom as its easy to use and has more built-in security features.
Step 2: Trust, But Verify
Once you are connected, your Solana wallet address will be displayed in the top right. Please verify if it is the correct address and then proceed to purchase by clicking on the purchase button.
Step 3: Ensure Your Wallet Is Funded
Please ensure your wallet is sufficiently funded with SOL (at least 0.01) and the right amount of USDC required to purchase GARI tokens.
Step 4: Almost There!
When you click on “Purchase,” you will be prompted to approve a transaction on your wallet. Once approved, your token purchase is successfully completed.
Step 5: Zero Zip Zilch Nada
Congratulations, you have successfully participated in Chingari IDO and purchased GARI. Token distribution dates will be announced soon. If you have any questions, hit us up on Telegram.
Open community pool is open for everyone, no need to stake SOLR.
Allocation in the open pool is capped at $500,000 per user. Minimum allocation is $100
Please note that, unlike our other IDOs, there is no whitelist or lottery system for GARI token sale. You can come directly on the day of the IDO to participate in the token sale. IDO is FCFS basis.
Step 2: Trust, But Verify
Once you are connected, your Solana wallet address will be displayed in the top right. Please verify if it is the correct address and then proceed to purchase by clicking on the purchase button
Step 3: Ensure Your Wallet Is Funded
Please ensure your wallet is sufficiently funded with SOL (at least 0.01) and the right amount of USDC required to purchase GARI tokens.
Step 4: Almost There!
When you click on “Purchase,” you will be prompted to approve a transaction on your wallet. Once approved, your token purchase is successfully completed.
Step 5: Zero Zip Zilch Nada
Congratulations, you have successfully participated in Chingari IDO and purchased GARI. Token distribution dates will be announced soon. If you have any questions, hit us up on Telegram.
SOL is required for transactions on Solana. SOLR is required if you are participating in the SolRazr Pool. USDC (SPL) is the main currency accepted in both SolRazr and Open Pools.
Nearly all exchanges has listed SOL. You can acquire SOL from FTX or Kucoin or Binance. You can also get it from Serum based DEXs.
USDC (SPL) is the solana version of the USDC token: https://explorer.solana.com/address/EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v
You can acquire USDC (SPL) from Serum based DEXs or you can simply swap SOL to USDC through your Phantom wallet.
SOLR is listed on Kucoin, Gate and Raydium
On Kucoin: https://trade.kucoin.com/trade/SOLR-USDT
On Gate: https://www.gate.io/trade/SOLR_USDT
Please carefully read all the items below to fully understand the KYC requirements for Chingari IDO