# 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.**&#x20;

## Issuance Rules & Token Details

#### Whitelist participation time: 16:00PM, December 20-23, 2022&#x20;

#### Participation time for the Super Fundraising Round: 16:00PM, December 23-29, 2022&#x20;

#### IDO sale platform: VanSwap&#x20;

#### Token name: LEN&#x20;

#### LEN pricing: 1VS=27,000 LEN&#x20;

#### Fixed quota for whitelist recruitment: 300VS/user (the number of whitelists is 500 users)&#x20;

#### Total fundraising target: 740,740VS=20,000,000,000 LEN&#x20;

#### Whitelist recruitment target: 150,000VS&#x20;

#### The total target of super fundraising pool: 590,740VS&#x20;

#### The minimum fundraising limit for a single account: 100VS&#x20;

#### Cumulative fundraising limit for a single account: 8,000VS&#x20;

#### 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**
