ALEX Bitcoin DeFi has designed the launchpad to provide a streamlined experience by using a transparent hybrid on-chain/off-chain model. We’ll first provide a brief overview before going into details:
At block-height #111088, that is around 29th June 14:00 HKT, registration will open for the Ordmint Launch on our launchpad.
Each tickets registered will require 50 $sUSDT and the amount of $APower depends on the number of tickets registered:
There is no maximum of tickets a wallet can register. Each wallet can only register tickets once. For example, if you register 30 tickets you can not register more tickets at a later time.
After successfully validating tickets, users then wait for the Lottery Drawing stage. No other user action is needed.
Once the Lottery Drawing stage is reached at block-height #111788 (Around July 5th 14:00 HKT ) all validated ticket results will be generated automatically indicating if you’ve won or lost.
The ALEX Launchpad uses a hybrid on-chain/off-chain lottery system that provides a smooth and efficient user experience while also ensuring a fully verifiable drawing procedure.
ALEX will automatically send out $ORMM tokens for winning tickets or refunds for losing tickets once the lottery result is generated.
Please be patient with the transaction status on the Stacks blockchain.
NO ONE WILL “LOSE” the $sUSDT SUBMITTED WITH VALIDATED TICKETS.
You will either win and swap your $sUSDT and receive $ORMM token, or, your $sUSDT will be refunded back to your wallet.
Thank you for your participation and congratulations to all future lottery winners.
Welcome everyone to the ALEX community and the latest evolution of BRC20.