How to Claim your $TEX Tokens!

This article is only intended for our early investors who have purchased pre-listing rounds.

If you have purchased your tokens in either the seed, strategic or public round (Including Moonstarter and excluding Oxbull [Oxbull claiming will occur on their platform]) then this is the information you require. Firstly, as we head into listing, we would like to thank all our supporters who have been patient and supportive along this journey and now as we enter the next phase.
Note: if you have participated on the Oxbull platform, you will need to claim on their platform.

Distribution process of tokens: CLAIMING

The token distribution will be Claimed on the iotexpad Portal and will be visible and available to claim at 9:30AM UTC. ALL rounds with no bias, will be able to claim at the same time which is half an hour after listing.

At this point, you will not be able to see the portal but it will become VISIBLE under accounts after you refresh your browser at 09:30 UTC.

How the screen will appear under account at 09:30AM UTC

STEPS TO CLAIM $TEX TOKENS

  1. Head over to our launchpad
  2. Connect your wallet in the top right hand corner (using the wallet address you invested with or provided us for token receival)
  3. Click on the “ACCOUNT” tab in the top bar.
    You will see a bar appear under your account called “TEX TOKEN CLAIMS” with the round you participated in and the Tokens available to claim. This is NOT visible at the moment however at 09:30AM UTC you will need to refresh your page and it will appear here.
  4. Click on the “Claim” button and confirm the transaction.

Staking is already live, therefore after claiming you can stake to obtain your tier and begin participating in projects.

Staking Time and Rewards:

  • 14 days : 7% APY
  • 30 days : 20% APY
  • 60 days : 50% APY
  • 90 days : 100% APY

How to Stake
Tier Structure

Vesting:

Below are the vesting schedules set in place for claiming which you will be able to claim in the same method.

Seed: 10% TGE.
Thereafter on the 21st April 09:30AM UTC linear vesting will commence until all tokens are distributed according to the schedule outlined in the whitepaper. 1 month cliff is applied

Strategic: 10% TGE.
Thereafter on the 21st April 09:30AM UTC linear vesting will commence until all tokens are distributed according to the schedule outlined in the whitepaper. 1 month cliff is applied

Public: 20% TGE.
Linear vesting will commence until all tokens are distributed according to the schedule outlined in the whitepaper. No cliff applies.

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IotexPad

IotexPad

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Iotexpad is the first launchpad to be built, launched, and powered by IoTeX. Iotexpad becomes the primary incubator for and native launchpad for all the leading