Impossible Finance: “IDIA Performance Update”

Impossiblle Finance shared the details of IDIA’s performance update on Tuesday, August 17, via its Twitter account, as well as key next steps to consider as the IDO concludes.

“Our Impossible Launchpad has completed the share subscription period for IDIA and we were subscribed 22 times more in committed capital! We would like to thank our loyal community and all of our amazing investors who bet over US $5.3M + in $IF tokens”, he said through an article posted on the Medium platform.

According to the company, due to the overwhelming interest, we have decided to increase our maximum sale limit amount from USD $240,000 to USD $300,000, thus increasing the IDIA allocation amount for everyone. We will continue to improve our launch pad and strive to provide our loyal community with even higher token allocations for future IDOs.

Also read: 1inch Network announced expansion into Optimistic Ethereum

Below are the next steps and key details that we want you to become familiar with.

Bet and allocation summary:

• Over 2,000 users passed KYC and committed over US $5.3M in IF tokens during the subscription period, representing a 22x over-subscription.

• Due to overwhelming interest, we have decided to increase our maximum sale limit amount from USD $240,000 to USD $300,000, thus increasing the IDIA allocation amount for everyone. We will continue to improve our launch pad and strive to provide our loyal community with even higher token allocations for future IDOs.

Remaining timeline:

• Purchase period: 2021/08/17 7:00 a.m. (UTC) as of 2021/08/18 6:30 a.m. (UTC) Subscription will open for all eligible users to purchase IDIA using BUSD for approximately 24 hours, depending on BSC lockout times. If you miss this period, you will lose your allowance.

• Claim period: 2021/08/18 1:00 PM (UTC). Users will be able to claim their IDIA allowance on the Impossible Launchpad.

• Token trading: activated sometime between 08/18/2021 at 12:00 p.m. (UTC) at 2:00 p.m. (UTC)

What can you do with IDIA?

• Trade it! We are going to list the Impossible Decentralized Access Incubator (IDIA) tab on various stock exchanges using the IDIA / BUSD trading pair. Stay tuned for what exchange list.

• Bet! We will offer attractive wagering rewards on the OpenSwap platform using IDIA / BUSD LP and IF / BUSD LP tokens. We will shortly provide a guide on how to get LP tokens and stake them.

• Hodl! You will need IDIA tokens for impossible future IDOs. The first will happen WITHIN this month! Details will be announced shortly.