What is Shield Protocol (SLD) | What is Shield Protocol token | What is SLD token
In this article, we’ll discuss information about the Shield Protocol project and SLD token
At Shield, the two rounds of our recent testnet campaigns have earned amazing participation from communities worldwide. The generous feedback from testnet run has also helped Shield take our revolutionary early-stage product and make it even better. We convey our sincere gratitude to you all! Now, we are ready to join the DeFi world and serve all crypto partners. So we’ve got news!
The Shield ITO
Shield will launch the ITO (Initial Twitter Offering). Following this, Shield DAO will fill the liquidity pool with all funds raised from the ITO (USDT+SLD) as initial liquidity for SLD!
Shield (SLD) ITO will be divided into three rounds on the @Shield_Dao official Twitter.
As a reward to our incredible community for the trust and support right from the start, we will launch a Shield Go Round (also known as a whitelist) for the Shield community.
Note that only participants with their KYC completed would be eligible for the ITO in every round. The whitelist will be distributed globally to the Shield partner community to convey appreciation and draw more partners who will move ahead with Shield.
Part 1: Mask Network Community
Shield is extremely pleased to be one of the first DeFi protocols on Mask Network to launch an ITO through the DAO review mechanism. Shield will provide two exclusive benefits to the Mask Network community.
- Users with 1,000 or more $Mask and who have passed KYC are eligible for this ITO participation. (A snapshot of the number of $MASK balance will be taken at a random time)
- All users who hold 300 $MASK or more can participate in the Airdrop Pool. (Details to be announced after the ITO)
- 1. $ Mask balance ≥ 300, Factor 100%
- 2. $ Mask balance ≥1,000, Factor 130%
- 3. $Mask balance ≥1,000 and not successfully winning the ITO, Factor 150%
Part 2: Shield Go Whitelist (Due at 9:00AM.EST June 2)
Like we just mentioned, Shield has opened an ITO whitelist campaign.
👉 [https://gleam.io/nHDZK/shield-go-competition] 👈
Shield has opened an ITO whitelist campaign for everyone. Follow the instructions in the link to complete the tasks one by one to qualify for the Shield ITO KYC.
Shield will send KYC emails to those selected for the whitelist on a DAILY BASIS during the campaign period. Once fill out the KYC procedure, then pass it to participate in the Shield ITO. Shield Go campaign and KYC procedure will be executed by “First come, first serve”. Act fast!
Part 3: Shield (SLD) ITO ThankYou Whitelist
DeFi has been developed and designed by an open community. It’s why it belongs to all of us. It’s also why we thought of commencing this even by paying tribute to our partners who ceaselessly support Shield. A list submitted by Shield’s DeFi KOL partners, organizations, and communities (who are often awarded at AMAs or other events)
We sincerely appreciate your support and look forward to it!
Things You Need to Know About Shield (SLD) ITO
Venue:
Shield Official Twitter (@Shield_Dao)
Quote Token:
$USDT, $USDC
Remember that:
1. Each user gets to participate once in three ITO rounds (winners will be eliminated in the next round).
2. After being whitelisted, you need to finish the KYC. Follow us on Twitter (@shield_dao) for the newest announcements.
3. If the previous round of SLDs is not sold out, the remaining SLDs will be added to the next round of ITO. Each round of ITO will last for 1 hour.
About liquidity pools and SLD releases
Liquidity pool platform: Uniswap
Liquidity Pool Currency: USDT+SLD
**Liquidity Pool Size: **All funds raised from ITO with the corresponding value of SLD
Step by Step Guide on Shield’s Risk-Free Perpetuals
Step 1: Head over to the Shield website, and click on Start Trading
**Step 2: **Connect your MetaMask wallet
**Step 3: **Switch to the Kovan Testnet
Step 4: You can now deposit the funding fee, and go either long or short. Scroll down, and you can see your order history.
Step 5: Deposit your funding fee, and sign the transaction on your MetaMask.
Step 6: Open your long position, review the funding fee locked, and confirm the order.
How and Where to Buy SLD token ?
SLD has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy SLD token.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase SLD from the website: https://www.shieldex.io.
The top exchange for trading in SLD token is currently …
Find more information SLD
☞ Website ☞ Whitepaper ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
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