FAQ
SakeSwap Initial Liquidity Offering (ILO) FAQ
General
Q: What is ILO?
A: ILO is for Initial Liquidity Offering. SakeSwap ILO is an innovative fundraising method that creates AMM liquidity pools directly for projects and investors.
Q: Who can join ILO?
A: Now there are two Access types which are Public and SAKE Holder Exclusive. Everyone can join the Public projects.
Q: Which token can I use to pay during ILO?
A: During the ILO, investors can provide liquidity in ETH/ WBTC/ USDT/ USDC/ DAI.
Q: What‘s the advantage if I hold SAKE?
A: Some projects are exclusive for SAKE holders.
Q: How many SAKE tokens should I hold to join SAKE Holder Exclusive projects?
A: It depends. The project owner can set the min. holding amount when submitting the ILO. Please check each project information page carefully.
Q: How can I earn SAKE?
A: You can refer projects to us to earn SAKE. [link] If the project you refer is successfully listed and funded, you can get a reward between 10,000 and 100,000 SAKE. You also can earn SAKE by providing liquidity on SakeSwap. Available farming pools https://app.sakeswap.finance/#/
Q: How can I buy SAKE?
A: You can buy SAKE on the SakeSwap Swap page. You also can farm SAKE by providing liquidity on SakeSwap. Available farming pools https://app.sakeswap.finance/#/
Q: What is the smart contract address of SAKE?
A: 0x066798d9ef0833ccc719076Dab77199eCbd178b0
Q: Any locked period for ILO?
A: It depends. The project owner can set different LP lock periods and unlock frequency when submitting the ILO. Please check each project information page carefully.
Q: Where can I find all details of the upcoming ILO projects?
A: All details are listed on the SakeSwap ILO page. [link]
Q: Can I join if I don’t have MetaMask?
A: SakeSwap supports MetaMask, WalletConnet, Coinbase Wallet, Fortmaic, Portis and Imtoken. Please note that SakeSwap is a DEX which means CEX wallet addresses are not applicable.
Q: What happens if my transaction (TX) is rejected when joining ILO?
A: You will be refunded if the transaction is rejected. Please note the GAS fee is non-refundable which is the rule of Ethereum network.
Q: When can I receive the project token?
A: Timeline is clearly displayed on each project page.
Q: What can I do if I don’t receive the project token after the distribution date?
A: Feel free to contact us via Telegram or Discord.
Project Owner/ Team
Q: How to create a ILO project?
A: Project core team is welcome to submit the project on SakeSwap ILO page. And users are welcome to refer ILO projects to earn SAKE rewards.
Q: What’s the ILO requirements?
A: Good projects. We don’t have any hard requirements. In general, we like projects with a proven team, useful product or MVP, and large user base.
Q: Why should we choose SakeSwap as the project launch platform?
A: The design of ILO can help decentralized projects easily raise and exchange capital in public. If the funding requirements are met within the specified timeframe, a Project Token/ Raised Token AMM pool will be created on SakeSwap which means the Project Token will be tradable immediately. In the meantime, Project and investors will receive a certain amount of LP token as the proof of liquidity providing.
Q: How Smart Contract works for ILO?
A: Medium link
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