Join Bybit for the Upcoming Slash Vision Labs IDO!
Bybit, a top cryptocurrency trading platform, is gearing up to launch the Initial Decentralized Exchange Offering (IDO) for Slash Vision Labs (SVL), a decentralized payment protocol catering to both merchants and consumers. The SVL token will hit the Bybit spot exchange on April 29, 2024, at 10 am UTC.
How to Participate in the Bybit DEX Offering?
- To be part of the IDO, ensure you have a Bybit Wallet with a minimum of 300 USD Coin (USDC) on the MANTLE Chain and register between April 22, 10 am UTC, and April 26, 10 am UTC.
- Bybit will conduct up to three daily snapshots to verify users’ eligibility during this period.
- The IDO will present 26,315,800 SVL tokens at a launch price of 0.0019 USDC per token.
- There will be 500 winning tickets in the token allocation lottery, where each winner can redeem SVL tokens worth 100 USDC from their Bybit Wallet.
The Significance of the Slash IDO and its Future Direction
Founder Shinsuke Sato showed enthusiasm for the IDO, labeling it a crucial moment for the project. He said, “Our highly anticipated IDO is a pivotal moment for Slash, representing a key milestone in our journey to completely reshape the landscape of decentralized payments.”
Alongside the IDO, Slash is increasing community interaction through a Genesis NFT Campaign. Those who deposit on Bybit using Slash by April 26, 23:59 UTC+9, will receive a Genesis NFT, making them eligible for an upcoming SVL airdrop. The snapshot for this campaign will occur on April 26 at 00:00 UTC+9.
Implications of the Slash IDO for Merchants
- Slash is renowned for its seamless integration with third-party finance dApps and automated token conversion via smart contracts, enabling merchants to accept a broad range of crypto payments directly.
- Users can benefit from the ease of making purchases with nearly any digital token.
- Slash is dedicated to cultivating a sustainable ecosystem by redistributing 100% of its protocol fees back to token stakers.
Hot Take: Get Ready for a Game-Changer in the Crypto World!
Exciting times lie ahead as Bybit prepares to launch the Slash Vision Labs IDO, revolutionizing decentralized payments for merchants and consumers in the crypto space. Don’t miss out on this opportunity to be part of a groundbreaking project that could reshape the landscape of digital transactions!
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