🔢Steps to IDO

• Firstly a user must connect wallet to the platform and ensure the required gas on JUNO (will have solutions to this as well)

• Then ECLIP tokens must be purchased. There are several options for this including: From bank, one click purchase from any asset, cross-chain purchase, CEX purchase, and a leverage purchase option (higher risk).

• Next step is that to participate in whitelist phase of launches, the ECLIP tokens must be staked or farmed. When doing this, you will collect Cosmic essense, this is used to determine which tier you fall into from participation in the whitelisting phase of the IDO launch. When staking you will be able to toggle the lenght of time staked to collect more Cosmic essense, as well as choosing your exposure to yield or IDO participation. In the future, these staking positions will also able to be converted into a tradeable NFT, to help to exit positions if required. More in the docs. Farming earns a higher ratio of Essense, but ends up being less as it's shorter locks. You will now know your essense amount and a rough idea of your tier.

• Next, KYC must be performed for users participating. This is required, due to the nature of certain jurisditions such as the US not allowing launchpads. This will require a few details and then connection to our KYC partners. Once this is complete the KYC should carry and you will have an option to create an anima which will carry that KYC over to any other platform.

These are the steps to prep for IDOs the next steps are the actual proccess for participating:

• The first stage is the open research phase, whitelisting is still not available here. Projects have a phase with research pieces and users can investigate and find out about the projects, they are promoted and built up on socials as well.

• Next step is the whitelisting window, this is the next step of the previous user flow. Users will know and be notified of the whitelist open period and will have a window to apply to the whitelist for a chance as an allocation, this is typically two weeks. User will submit basic details (wallet must be KYCed).

• At the end of this whitelist phase, this will be closed with a brief pause where tiers and users will be taken into account and the whitelist and allocations will be formed. Users will find out if they got an allocation and what size. As well as any extra allocation such as top content creators and contest winners.

• The next window to open will be the Private sale window, this is where users with an allocation now have a chance to purchase the tokens from their allocation. They will have several options for purchasing such as: From bank, one click purchase from any asset, cross-chain purchase, CEX purchase, and a leverage purchase option. the idea is to make this as seemless as possible. Any left over allocations not purchased in the round will be pushed to the First in First serve round.

• The FIFS round will open after the private round and will serve to give community access as well as any overflow from the private round. This will be a set base allocation, users must still be KYCed to participate in this and that should help to handle the bot abuse. Users will jump in first to attempt to purchase. When filled the round will close or at the end of the allocated FIFS period.

• There will then be a break into TGE, this can be a few weeks to a few months, during this time preparations will be made for token genesis as well as seeding liqudity pools. In the future, based on our liquidity launcher modelling, during this time a user will be able to pledge their vesting position into a farm to earn higher rewards and this will help to seed the projects liqudity pool at launch.

• Next step is TGE, the build-up is real and investors are excited to receive their tokens. Users will be able to come to the Eclipse platform and claim their tokens from the vesting contract on the dashboard section. There will also be an option to convert this position into an NFT which will make this tradeable on a secondary market incase users want ot exit their positions early.

• Liquidity pools are seeded and token is ready to be traded by the community.

  And voila, this is the launch proccess for Eclipse IDOs