Squid
@squidrouter
Kraken Launch FAQ
support.kraken.com
Kraken Launch Terms
kraken.com/legal
Where to participate
Kraken
Apps (iOS & Android)
Kraken Pro
Web
Apps (iOS & Android)
How the sale works
Sign in or create an account on the website
You will need a Kraken account to participate in the sale.
Learn about the project
The sale begins with detailed project information so you can make an informed decision.
Pledge your amount
Choose how much you’d like to pledge (up to a capped amount per user). A pledge isn’t a purchase. Your assets are locked until results are announced.
Wait for results
After the window closes, we score all pledges based on merit. Around 80% of tokens are allocated to the Preferential group, and 20% through a random selection.
Get notified
We’ll email you the results.
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If selected: your pledge converts to a purchase (from the minimum allocation up to your pledged amount) depending on demand and supply.
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If NOT selected: your assets are unlocked, and your FOMO Multiplier improves your odds next time.
Understand your unlock schedule
Full token details will be released by the Squid team on June 27th.
Merit-based allocation
What can improve your chances
Kraken+ subscription
Account age
Kraken ecosystem activity
FOMO Multiplier
(if you missed the last sale, your odds get a boost this time)
HODLer bonuses
(hold your token sale assets to boost your chances in the next sale)
What does not affect your chances
How early you pledge
The size of your pledge
Your portfolio balance