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PancakeSwapPancakeSwapby0x842B508681eE336E74600974B4623B709477d29D0x842B…d29D

Proposal for Mines of Dalarnia (DAR) IFO to be Hosted on PancakeSwap

Voting ended over 4 years agoSucceeded

We’re introducing a new IFO today, this time with a twist: you’ll be able to participate with CAKE, instead of CAKE-BNB LP. Easier, faster, and without the risk of Impermanent Loss. And make sure to hold that CAKE after the sale, for the next IFO coming… Soon™!

What is Mines of Dalarnia?

Mines of Dalarnia is a play-to-earn action-adventure game with procedurally generated levels on BSC. Players mine and collect various in-game items (i.e. minerals, rare relics and artifacts), improve their skills and gear to unlock the secrets of the Dalarnia universe. There are different mines with varying terrains to be explored and monsters to conquer in the quest for rare resources of the Dalarnian world.

What's $DAR?

DAR is the native token of the game, used as an in-game currency, play-to-earn incentives, governance and staking rewards.

$DAR Token Distribution

Following the IFO, approx. 17.4% of the total supply will be circulating in the market.

IFO Sales Details

  • Sale start time: Approx. 730am UTC on Thursday 4th November 2021
  • Sale end time: Approx. 8am UTC on Thursday 4th November 2021
  • Amount to be raised: $900,000 USD in CAKE tokens
  • Tokens to be sold: 12,000,000 DAR (1.5% of initial DAR total supply)
  • Price per token: 1 DAR = $0.075 USD

CAKE to be burnt from sale: None. All CAKE raised from the DAR token sale will be given to the IFO project. Only CAKE from the participation fee will be burnt.

Method: Basic Sale and Unlimited Sale (Both sales will be conducted via the Overflow method)

What is the “Overflow” sale method?

TLDR: The more you put in, the more you will get, and you’ll get back anything that doesn’t get spent.

You can subscribe as much or as little as you want to the IFO, and your final allocation will be based on the amount of funds they put in, as a % of all funds put in by other users. You'll get any leftover funds back when claiming your tokens after the sale.

To join the IFO:

Before Sale:

  • Activate your PancakeSwap profile
  • Buy CAKE

During Sale:

While the sale's live, commit your CAKE tokens to buy DAR at pancakeswap.finance/ifo

After Sale:

When the sale's complete, claim your DAR tokens. Any unspent CAKE will also be sent back to you.

Done!

If you decide to acquire CAKE tokens before the IFO starts, you can stake them here to earn CAKE token rewards while waiting for the sale.

An Explainer: What are the 2 different sale sessions?

Basic Sale ($450,000, which is 50% of Sale allocation)

Want to participate in the IFO and get the most bang for your buck? This is for you.

In the “Basic” session, each person can contribute a MAXIMUM of $100 equivalent in CAKE tokens.

The number of tokens available in this format will typically represent around 50% of the total sale.

Note that the final allocation you receive will still be subject to the total amount raised in this session, but the good news is you’re not battling any whales.

Unlimited Sale ($450,000, which is 50% of Sale Allocation)

As the name suggests, the “Unlimited” session has no limits on the amount each person can contribute. However, this comes at the cost of a participation fee.

The number of tokens available in this format will typically account for 50% of the total sale.

How much is the participation fee?

The participation fee will start at 1%, which is only applied to your contribution to the “Unlimited” session.

The 1% participation fee decreases in cliffs, based on the percentage of overflow from the “Unlimited” portion of the sale.

The fee cliff for the DAR IFO is as follows:

Overflow multiplier

In the “Unlimited Sale” method, users can subscribe as much or as little as they want to the IFO, and their final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will receive back any leftover funds when they claim their tokens after the sale.

Please note — The final USD price per CAKE token will be set a few minutes before the sale (starting at approx. 730am UTC on Thursday 4th November 2021) and will be broadcasted on all channels.

We will also be running a Syrup Pool and Farm for DAR which will commence at the conclusion of the IFO.

The Syrup Pool:

Stake CAKE tokens, to earn DAR!

  • Total Tokens: 4,000,000 DAR
  • Distribution duration: 60 days
  • Start time: Shortly after the IFO ends
  • Finish time: Approx. 60 days after Syrup Pool launch
  • Token rewards per block: 2.3148 DAR

The Farm:

We'll need to provide a DAR-BNB farm, with 2x CAKE rewards for the first 48 hours, then 1x rewards after that.

Project Details

  • Website: https://www.minesofdalarnia.com/
  • Initial Circulating Supply (Day of sale): 17.4% DAR from initial supply of 800,000,000 DAR
  • Token Contract Addresses:

BEP-20: https://www.bscscan.com/token/0x23ce9e926048273ef83be0a3a8ba9cb6d45cd978

ERC-20: https://etherscan.io/token/0x081131434f93063751813c619ecca9c4dc7862a3

Only BEP-20 DAR tokens will be available via PancakeSwap’s IFO.

DAR tokens will not be available for trading before or during the IFO. Any other DAR token will be a scam, resulting in a financial loss. Always verify the token address before purchasing tokens. If you receive a DAR token airdrop from another address, it’s probably a scam and we advise you to ignore them.

  • Completed Audits:

https://drive.google.com/drive/folders/1SAMASvKMWHGF8SNf8a7Qm228ZnvHfO9v?usp=sharing

  • Twitter: https://twitter.com/MinesOfDalarnia
  • Telegram: https://t.me/MinesOfDalarnia
  • Blog: https://minesofdalarnia.medium.com/

Disclaimer - All projects are subject to both high market risk and volatility. Please, do your own research and full due diligence before even considering investing your funds in any project and please, make your investments very cautiously. PancakeSwap will not be held responsible for any investment losses.

Off-Chain Vote

✅ Yes, I want to take part in the DAR IFO!
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❌ No, I don’t want to take part in the DAR IFO!
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Timeline

Nov 01, 2021Proposal created
Nov 01, 2021Proposal vote started
Nov 02, 2021Proposal vote ended
Oct 26, 2023Proposal updated