🚀IDO Launchpad
The Meven Launchpad's mission is to provide new projects with everything they require to lay a solid foundation for rapid growth and long-term success.
Meven Power for IDO access
Meven Power determines your chance of participating in an IDO. Think of it as an accelerator, it calculates a user's eligible MEV balance across the platform, both MEV held in their wallet and MEV they are staking.
To gain access to an IDO, users need to get their wallet addresses on the whitelist. It’s a lottery system that rewards users 1 ticket for every 187,500 MEV they hold. During an IDO, addresses are chosen at random. More tickets will increase a user's chances of being selected for the whitelist. In addition, the more MEV they either hold or stake, the higher the value of their tickets.
There are 6 tiers of MEV Power, which can increase the value of each ticket by up to 50%. The top tier (21,250,000+ MEV) will also grant holders with the possibility to participate in as many IDOs as they wish without the 10 day cooldown period.
Obtaining Meven Power
Hold MEV in a wallet: this is the easiest way to accumulate Meven Power. MEV tokens need to be held in your wallet, without moving or selling them, for at least 5 days before counting towards Meven Power.
Stake MEV: if you would rather stake your MEV tokens, you can do so on the Meven Platform. This will not only increase your Meven Power, but it will grant you immediate access to all open and future IDO applications. The staked tokens will be locked on-chain for 30 days, before they can be withdrawn.
Meven will focus on ensuring that every project incubated by the launchpad is primed for success. Our community will be rewarded with the opportunity of investing in the most promising projects built on Aptos & Sui.
Tiers
To decrease the barrier for our community investors to move between tiers and allow new investors to join the Meven community, every 3 months, the level and amounts of tokens will be reviewed and potentially changed based on the price of $MEV. Please use the following form in order to apply for the IDO on Meven.
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