The Comprehensive Guide to Lighthouse Accreditation
The Lighthouse is ready to cast its dazzling light on the whole Crypto-space. DeFi’s era has arrived. You want to know how to get in on the excitement with the least amount of trouble. This tutorial should help you with all stages of the procedure easily.
Detailed Info
Only players who have completed the KYC and have at least Tier 1 status are eligible to enter the IDO, and they can only participate once in each project. You do not need to go through KYC again for upcoming work.
Users register for both their top Tiers and the one(s) below them. For example, if you are in Tier 3, you can win in Tiers 3, 2, and 1.
Irrespective of the Tier you obtained, you will forfeit your full Tier following fundraising for a project with the random allotments. Nevertheless, if the standards for subsequent projects alter, your Tier will remain unaltered.
What You Must Do
1. Get your KYC
This is critical since several countries are prohibited from participating by law. Seascape certainly invites everyone to participate in Seascape through the several various channels provided, albeit IDO rules are beyond our control.
You will be requested to go through the KYC procedure after you register for a project, but if you want to complete it ahead of time, go to your Lighthouse account and go through the KYC procedure. Only a few days should pass before the findings are available.
2. Get your Tier
At the end of the enrollment, your Tier will be checked. This implies that, if you so wish, you will be able to raise your Tier. Before the finish of enrollment and the start of Random Allocation, get the top Tier as possible.
Enrollment Period
Now that enrollment is open, you have seven days to enroll for the IDO, which will end on November 17th, 2021 at 2:30 pm UTC. The Random Allotment follows next. If you are selected for the Random Allotment, you will have a short time frame to prefund for your allotment.
When the prefund session expires, which is expected for November 22, 2021, you will get a pop-up in the Lighthouse as well as an email informing you that you may begin financing.
If you have not prefunded at the moment, you will forfeit your allocation, which will then be placed to the Auction Pool, which is presently set for November 23rd. Following this period, the auction pool will be exposed to the public. All players will have 24 hours to finance their part of the auction pool.
Disclaimer: Time may vary somewhat due to unforeseen situations.
What You’ll Need to Compete in the Auction Pool
The auction pool is only available to individuals that sought to join in the Random Allotment but were unsuccessful, thus they will have at least Tier1.
The exciting news is that you are guaranteed some of the project’s tokens as long as you join and invest. You can only invest once, but you can invest as much as you wish.
At the close of the Auction Pool, you will acquire your percentage of the financed pool in the project’s token, so be sure you support as much as possible to avoid missing out.
The first 100 customers who fund will receive a complimentary Lighthouse NFT, which is different from the project’s Allocation NFT. These players will get the Lighthouse NFT as soon as financing is completed.
If you enrol in the Auction pool, your Tier is not spent and may be utilized in future initiatives.
The countdown begins today. Are you prepared to establish the destiny of DeFi with your own hands? The Lighthouse is waiting for you.
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