How to participate in a Celo Pool during a Polkastarter IDO
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Recently, we announced that the Celo Network would now support Polkastarter IDO pools. Our first Polkastarter IDO on Celo is going to be impactMarket!
If you’re already an avid Celo user or you’re eager to start participating in the Celo pools in the future, we’ve put together this tutorial guide to help you navigate when you participate in future IDOs.
Before you Start
You will need the CELO token to participate in the Celo Pools to pay,the network fees. You can buy CELO exchanges like Binance, Coinbase and KuCoin. And you can buy CELO on the Celo network on Ubeswap (the Celo equivalent of Uniswap.)
If you have never used the Celo network before, check out our article on how you can add it to your MetaMask to ensure your wallet is connected and funded before participating in a Polkastarter IDO Celo pool.
After you’ve successfully connected your MetaMask to Celo network, proceed with the steps below:
Step 1: Navigate
Go to polkastarter.com and click “Connect Wallet” in the top right corner.
Step 2: Select Celo
On the top right-hand corner of the site, you’ll see a dropdown button that says “Ethereum”, “BSC”, “Polygon”, and “Celo.”
Click on the network name and a dropdown menu will display all available networks. You should see “Celo”. Click on it.
Step 3: Confirm
The Polkastarter site is now displaying the Celo network! If your wallet has a message saying you have selected the wrong network, please connect your MetaMask to Celo and reconnect Polkastarter with steps 1 and 2 above.
Step 4: IDO!
From here, you’re ready to participate in future Polkastarter IDOs on the Celo network.
On Polkastarter IDOs, to be eligible for whitelisting, users have three options:
- Hold at least 250 POLS in their wallet.
- Stake at least 250 POLS.
- Provide liquidity on Uniswap, Pancakeswap or Ubeswap.
You can complete steps 1–3 before the IDO, and we recommend doing so to ensure everything works smoothly with your MetaMask and Celo.
And yes — it’s that easy!
This is just the beginning of Polkastarter cross-chain interoperability.
We plan to add even more networks in 2022 💪
Polkastarter is the fully decentralized launchpad to launch new ideas in the blockchain and digital assets space. With an industry-leading curation process and market access, we select the most innovative projects in the space and offer them long-term support after their IDOs.
With Polkastarter, crypto projects can increase their reach, grow their communities and receive support from crypto’s most well-versed experts. IDO participants, on the other hand, are offered an opportunity to invest in a secure and compliant environment, as well as participate in IDOs not solely on Ethereum, but also on Binance Smart Chain, Polygon and Celo.
Media Contact Polkastarter: email@example.com
Originally published at https://blog.polkastarter.com on December 22, 2021.