Apr 7, 2021
IFO Test Activity Tutorial
Participate in the IFO of testnet to grab the whitelist qualification of first phase IFO of mainnet!
The first phase IFO of mainnet will adopt the whitelist system. Participate in the IFO of testnet now, you can obtain the whitelist qualification.
The first phase IFO info of testnet as below:
Project name: DeFi
Project intro: DeFi is the virtual project for the first phase IFO test of CherrySwap, you can participate in with test coin. It is only used for IFO test process, and has no any real value.
Launch time: 22:00 PM, Apr. 7–22:00 PM, Apr. 8 EST ( for 24 hours only)
For sale: 1,000,000 DeFi
Participation method: To participate with CHE-OKT LP
To raise (LP value): $ 400,000
CHE to burn（value） : $ 200,000
*If the fundraising didn’t reach the target, all funds will be returned with the original way.
*If the fundraising exceeded the target, it will be allocated based on the proportion of the participating funds, after the allocation, the excess amount will be returned with the original way.
How to participate IFO test?
Step 1 Obtaining test coin
https://docs.cherryswap.net/cherryswap-tutorial-beta-version/obtaining-test-coin
Step 2 Configure the test network and Connect your wallet
https://docs.cherryswap.net/cherryswap-tutorial-beta-version/connet-wallet
Step 3 Buy CHE with OKT
https://docs.cherryswap.net/cherryswap-tutorial-beta-version/how-to-trade-on-the-cherryswap-exchange
Step 4 Get CHE-OKT LP tokens by adding CHE and OKT liquidity
https://docs.cherryswap.net/cherryswap-tutorial-beta-version/adding-liquidity
