Following the first successful listing event, Crypto.com is pleased to announce the next listing on The Syndicate platform will be Stellar (XLM). All Crypto.com Coin (CRO) token stakers will be able to participate in a discounted sale event for 500,000 USD worth of XLM at 50% off. The listing event will commence on Wednesday, 15 January 2020 on the Crypto.com Exchange.
Sale Amount & Subscription Price:
- Total XLM Coin Supply: $500,000 USD worth of XLM Coin
- Discount rate: 50%
Syndicate Allocation: Each participant’s maximum amount of CRO that can be applied towards the listing event will depend on the amount of CRO Staked on the Crypto.com Exchange, as shown below:
*The maximum allocation in CRO stated in the table above is indicative and for reference only. Please visit crypto.com/exchange/syndicate on the listing day to view the final maximum allocation.
Syndicate Allocation Subscription:
- Crypto.com Exchange users will be able to subscribe for XLM Coins by contributing an amount of CRO tokens not exceeding their respective maximum allocation.
- Staked CRO tokens may not be used to subscribe for XLM coins in the listing event
Listing Event Timeline:
Syndicate Allocation Distribution: Listing event participants will receive their finalised XLM Coin allocation at Distribution Time. If the total contributed amount for the listing event is above the total discounted allocation, each individual participant’s final XLM coin allocation will be calculated as follows:
XLM coin will be listed on the Crypto.com Exchange and App on Wednesday, 15 January 2020 with the following trading pairs: XLM/BTC, XLM/USDT and XLM/CRO.
Crypto.com reserves the right to cancel or amend The Syndicate campaign rules at its sole discretion.
Citizens and residents of the United States, China, Bulgaria and Hong Kong will be excluded from The Syndicate campaign.