At dAngel Fund, transparency and impartiality are the focal issues we care for. Thus, we have generated a tier scheme to permit $dAngel stakers (15 days) to partake in upcoming IDOs.
IDO Allocation has been determined according to the tier of participants.
Fund allocation per participant will be calculated by pool weight for inclusive tiers.
Let’s assume there are 13,223 people participating in a project, according to the breakdown below:
Tier 1: 9,000; tier 2: 3,000, tier 3: 750, tier 4: 375, tier 5: 45, tier 6: 38, tier 7: 15.
The total weight will be 24,841. The exemplary calculation for tier 3: Pool weight per participant = 5, number of participants = 750. The total weight of tier 3 will be 3,750.