# IDO

## Issuance Platform

**The issuance of IDO is an indispensable part of promoting the sustainable development of the project. This IDO will be carried out in VanSwap.** 

## Issuance Rules & Token Details

#### Whitelist participation time: 16:00PM, December 20-23, 2022 

#### Participation time for the Super Fundraising Round: 16:00PM, December 23-29, 2022 

#### IDO sale platform: VanSwap 

#### Token name: LEN 

#### LEN pricing: 1VS=27,000 LEN 

#### Fixed quota for whitelist recruitment: 300VS/user (the number of whitelists is 500 users) 

#### Total fundraising target: 740,740VS=20,000,000,000 LEN 

#### Whitelist recruitment target: 150,000VS 

#### The total target of super fundraising pool: 590,740VS 

#### The minimum fundraising limit for a single account: 100VS 

#### Cumulative fundraising limit for a single account: 8,000VS 

#### Distribution Time: UTC 2023, January 12, 16:00PM Lock-up status: 20% issued for the first time

## How to obtain whitelist qualification

1. **From October 1, 2022 to December 18, 24:00, users who have participated in vision voting pledge**
2. **Users who have obtained vision OAT**
3. **Users who have participated in the vanswap staking competition**
4. **Users who have participated in the Vanswap trading competition**
5. **As of 24:00 on December 18, users who have participated in the lenen testnet**


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