How to participate in IDO on Parasol Finance?
As you know, Parasol Finance finally launches its fundraising platform. Because of the unique tier system created by Parasol, you asked yourself “how to participate”? Let’s start explaining it.
First of all, you will need to have an NFT Access key in your wallet. This NFT will be used to participate in any IDO.
If you already have one, you can skip to step 2, otherwise please follow the next instructions.
Step 1: Buy an NFT Access Key
Make sure you have $PSOL token (Parasol Finance’s native token), if you don’t have PSOL, you can get it on Raydium Swap or Jup.ag.
➡️ Jupiter Aggregator (Recommended)
https://jup.ag/swap/USDC-PSOL
➡️ Swap Raydium
https://raydium.io/swap/?from=EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v&to=Hmatmu1ktLbobSvim94mfpZmjL5iiyoM1zidtXJRAdLZ
After buying your PSOL tokens, go to the purchase page of our NFTs Access Key which you will find at this address:
➡️ https://parasol.finance/tiers
Select the NFTs that best suit your budget and click on the “buy” button
Wait for the operation to complete, and you will receive a notification.
Congratulations, you just got your NFT Access Key!
Step 2: Participate in the IDO
Once equipped with your NFT, it will allow you to participate in an unlimited number of IDOs.
Go to the upcoming projects page. You will find it at the following URL:
➡️ https://parasol.finance/projects
Select the project in which you want to invest. If the sale has not started, I invite you to subscribe to set a remember to be sure not to miss anything.
Make sure you have connected your wallet to the Parasol Finance site.
After clicking on the IDO of your choice, you can see on the right of the page, the instructions to participate. If you have several NFTs Access Key, choose the one that suits you according to the amount you want to invest.
Then You will see your allocation size in $US. Enter the amount you wish to deposit without exceeding the maximum limit of your allocation.
Click on the participate button and pay the transaction which will open in your wallet. As soon as the transaction is validated by the blockchain, congratulations, you are done!
Your funds will be deposited directly into Parasol’s vault.
You will have to wait for the end of the IDO to receive your tokens.
In conclusion, it is very easy to participate in the Parasol Finance launchpad. The exceptional NFT Access Key system allows you to register without a whitelist.