Sister In Law Announces DoraFactory as IDO Platform
IDO Announcement
2 min readJun 15, 2021
Dear SIL users,
We are pleased to announce that SIL will launch on BSC this week. Before that, SIL will open it’s IDO on DoraFactory(Penta Launch).
UPDATE:
- CoinMarketCap event time changed from 00:12 PM 17th June UTC to 00:00 AM 17th June UTC.
The timelines, make sure to mark it on your calendar :
- On 00:00 AM 17th June UTC, SIL will held an airdrop event with CoinMarketCap.
- On 04:00 AM 17th June UTC, SIL will have an IDO on DoraFactory, which is a PowerCurveV2 curve auction.
- On 18th June UTC, SIL will launch its product suite on BSC(Test Drive Period, no SIL rewards).
- Before 21th June UTC, NFT interface will open and NFT mystery box will be on sale.
- On 21th June UTC, end of Test Drive Period, SIL will start it’s mining function.
- On 22th June UTC, SIL Ethereum -> BSC Bridging Program begin
- On 23th June UTC, SIL LP pool will be opened on BSC(SIL trading).
For each event, please follow our twitter for up-to-date details.
Notes on SIL Ethereum -> BSC Bridging Program:
The SIL team has adopted Poly Network for cross-chain token availability, there are some notable details that worth addressing:
- The Total SIL token cap is 30,000 $SIL.
- In Poly Network’s implementation, cross-chain happens by mirroring a full copy of total available tokens on both chain, which is 60,000 $SIL total; but 30,000 $SIL is only for bridge-swapping, and can never exit the bridge contract, so the total SIL token cap remains at 30,000 $SIL.
- The SIL early-bird program on Ethereum has already minted 2,927.76716971129579294 $SIL ERC-20 tokens, this number of tokens will be mirrored on the bridge by SIL team as BEP-20 form as initial cross-chain liquidity.
- There are still 27072.232830288704207 $SIL tokens available for minting.
The SIL team wishes SIL users to have greater experiences on BSC, expect the new sisters~ 👯👯👯👯👯👯♀️👯♀️👯👯👯👯👯
The SIL.FINANCE team