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November 8, 2021

Thorstarter Introduces "Thorstarter Tiers"

Back Story

Thorstarter IDOs have been conducted and focused in a single tier consisting of anyone who staked 100 XRUNE for 100 vXRUNE to create a profile in the Valhalla Venture DAO.

The feedback received so far on the model is that the use of a single Tier (owners of 100 vXRUNE) results in allocations that are unsatisfactory.

The Good News

Thorstarter is excited to announce the release of Thorstarter Tiers in anticipation of the THORWallet IDO. This was made known in a recent blog post.

The tiers are:

  • Community Tier: Stakers of 100 or more vXRUNE —Eligible for participation in FCFS sale
  • Tier 1: Stakers of 2,500 XRUNE —Receives 1x Allocation Multiplier
  • Tier 2: Stakers of 7,500 XRUNE —Receives 1.5x Allocation Multiplier
  • Tier 3: Stakers of 25,000 XRUNE —Receives 5x Allocation Multiplier
  • Tier 4: Stakers of 150,000 XRUNE —Receives 10x Allocation Multiplier

NOTE: XRUNE must be staked in tiers to qualify. The staking page will be live on Nov 9th.

More details available in the Thorstarter's blog post.

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