Announcing Paladin DAO Presale, Tokenomics & Whitelist details

Welcome back to Paladin DAO! We are happy to announce more details about the Presale and the Whitelist. We also had many changes in the past few days that we think you’d be excited about!

Presale event

We are planning to hold a presale, in order to raise a total amount of $1,000,000 at the price of $10 per $Paladin.

How will our presale be conducted?

• We will select up to 700 whitelisted users from our community. They will have access to our presale for a period of 72 hours.
• Each whitelisted participant will be able to contribute up to a maximum of $1000 per wallet.
• Whitelisted participants will be able to buy $Paladin in the presale using $BUSD on BSC,
• After the 72-hour period of presale access for whitelisted users, the sale will be opened up to the public to fill any remaining unsold allocation from the presale. The public sale will be open until the full $700,000 is raised. Contribution during the public presale will have no limits.
• Participants in the Whitelisted/Public Presale sale will be given $Paladin tokens. After the Public Launch, the users can claim their $Paladin tokens for $Paladin tokens 1–1. The users can use these $Paladin tokens to stake and earn rewards once the staking mechanism is public.

We will announce the Presale and Launch date later.

Fulfillment of the Raised Funds:

Paladin DAO team plans to allocate the funds raised ($BUSD) during the presale event as follows:

• $280,000 (40%) to create the liquidity pool at a rate of 1 $Paladin = $16. The LP tokens will be locked.
• $210,000 (30%) for the Paladin DAO treasury, securing the intrinsic value of $PALADINS.
• $210,000 (30%) for the Core project team. To ensure the robust and continued development of the project, the Paladin DAO team will not get a full team allocation at launch. The funds will be used to ensure the milestones in the roadmap are achieved. The distribution of funding will take place based on the project’s growth.

Presale contracts will be well tested & released to the community before presale launch.

Whitelist

The Paladin DAO team will have a limited whitelist allocation totaling 1000 spots. Each whitelisted user will earn the “Whitelist” designation in their Discord profile. Below is how the 700 Paladin whitelist roles will be allocated:

• All members must have (🛡️, 🛡️) into their Discord server profile name to be eligible for a Whitelist spot.
• For our OG members: the first 150 entrants into the Paladins DAO Discord. ✅
• For members who boost the Discord and is Level 05.
• For members who achieves 15+ invites.
• For members who reach level 10 by staying active in the community.
• For contributors, who help us build a solid community. They could be mods for our regional language communities, advisors, members who translate articles, members who make memes, devs who contribute to our code, graphic artists, etc.
• For the most active & helpful Discord members.
• various Discord activities & giveaways.
• various Twitter activities & giveaways.
• various Promotional Partnerships.

If the maximum allocation amount of whitelists in one category is not reached, the Paladin DAO team reserves the right to allocate the unused amount of whitelist spots to another category. (e.g.: If 10 Paladins spots are unclaimed in the contributor’s category, the Paladin DAO team could distribute these spots in the Discord giveaway category instead).

While these allocations may change, the maximum amount of whitelisted members will still be 700. The Paladin DAO team will not allow more whitelisted members.

Tokenomics

Paladin DAO presale will mint $Paladin as and when they’re being purchased in the presale (at $10 per $Paladin).

Initial treasury

Paladin DAO’s initial treasury will hold $210,000 $BUSD tokens. This portion of the treasury will be used to create a stable foundation.

Every $Paladin token minted during the presale will be backed by $16 of value at public launch. (As a reminder, the whitelisted presale price is 10$ per $Paladin).

Whitelisted members can sell at $16 per Paladins or HODL on public launch.

Tokens owned by the team

We chose not to allocate any $Paladin tokens to the team.

Contact

Twitter: https://twitter.com/DaoPaladin

Discord: discord.gg/paladindao

Website: https://www.paladindao.com