Now Live: Thetanuts Finance (NUTS) on Bybit Web3 IDO

We're excited to announce that our latest IDO project, Thetanuts Finance (NUTS), is now live!

[Find Out More]

About Thetanuts Finance

• Token: NUTS

• Price: 1 NUTS Token = 0.003 USDC

• Total Allocated to Bybit IDO: 66660000 NUTS (0.67% of the total max supply)

Project Description

Thetanuts Finance is a decentralized on-chain options protocol focused on altcoin options, allowing users to go long or short on on-chain options.

[X (formerly Twitter)](https://twitter.com/ThetanutsFi) | [Discord](https://discord.com/invite/fzWKJSy9v9)

How It Works

• IDO Subscription Period: May 13, 2024, 10:00AM UTC to May 17, 2024, 10:00AM UTC.

• Snapshot Period*: May 17, 2024, 10:00AM UTC to May 20, 2024, 10:00AM UTC.

• IDO Lottery Draw: May 20, 2024, 10:00AM UTC.

• Reveal and Purchase Period: May 20, 2024, 10:00AM UTC to May 21, 2024, 10:00AM UTC

*Note:

• Users must own a Bybit Wallet with a balance of at least 400 USDC (Ethereum Chain) to be eligible for IDO participation. Failure to maintain this balance during the Snapshot Period will result in ineligibility.
• Three (3) snapshots will be taken per day during the Snapshot Period.

To learn more about Bybit Web3 IDO, please check out our [Help Center](https://www.bybit.com/en-US/help-center/bybitHC_Article?language=en_US&id=000001891).

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Terms and Conditions

1. Participants must have a Bybit Wallet with balance of at least 400 USDC (Ethereum Chain) to be eligible for IDO participation. Failure to maintain this balance during the Snapshot Period will result in ineligibility.
2. Three (3) snapshots will be taken per day during the Snapshot Period from May 17, 2024, 10:00AM UTC to May 20, 2024, 10:00AM UTC.
3. Identity Verification Lv. 1 is not required for participation.
4. Subaccounts are not eligible for IDO participation.
5. To ensure an optimal Web3 experience on the Bybit App, please upgrade your App to version 4.9.0 or higher.
6. To redeem allocated IDO tokens, participants will need to pay blockchain gas fees which may vary due to network conditions, and redemption will fail if there are insufficient funds.
7. Bybit reserves the right of the final interpretation of this event. If you have any questions, please contact our customer service.
8. Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent, or harmful purposes.