IDO is Here — How to Participate

6 min readNov 16, 2021

A step-by-step guide to participating in the $APT public sale! 🍑

Apricots🍑, start your engines — it’s time for our IDO!

This guide will show you the process of participating in the public sale, including dates, times, and all the details you need to be in the know.

Since this guide is specific to how to participate in the sale, if you’re looking for info on our tokenomics, updates, and roadmap, please head here.

This post will show you everything you need to know relating to the IDO, broken down by topic, including:

Explanation of two rounds of sale
Key dates & times
Official channels for info
Guide on how to participate in sale
Token claiming, staking, and trading platform

We’re Having Two Rounds of IDO

Since we have a thriving community of both those who have actively participated in our success up until this point as well as loyal supporters and followers, we’re having two rounds of the sale, one for whitelisted community contributing participants and another sale open to everyone. These public sales will be spaced one day apart from one another, and there is no vesting for both sales.

Round 1: Community Whitelist-only Sale

Only open to whitelisted wallets that pass KYC before the sale starts
Start time: Nov 18th, 2pm UTC | 9am EST | 10pm HKT
Price: fixed at $0.3 USDC per APT token
Maximum allocation per wallet: $6,000 USDC
30,000,000 APT tokens available (3% of supply)

Round 2: Open-to-All Sale

Open to all wallets subject to geographic fencing (no KYC required)
Start time: Nov 19th, 2pm UTC | 9am EST | 10pm HKT
Price: fixed at $0.3 USDC per APT token
Maximum allocation per wallet: $4,000 USDC
10,000,000 APT tokens available (1% of supply)

Note: the IDO is not available to users in the following regions: Afghanistan, Ivory Coast, Cuba, Iraq, Iran, Liberia, North Korea, Syria, Sudan, South Sudan, Zimbabwe, Antigua, United States of America, American Samoa, Guam, Northern Mariana Islands, Puerto Rico, United States Minor Outlying Islands, US Virgin Islands, Belarus, Albania, Burma, Central African Republic, Democratic Republic of Congo, Lybia, Somalia, Yemen, Mainland China and Crimea & Sevostopol

📅Key Dates and Times

Round 1: Whitelist only (see above)
Nov 18th, 2pm UTC | 9am EST | 10pm HKT

Round 2: Open-to-all, no kyc needed
Nov 19th, 2pm UTC | 9am EST | 10pm HKT

Both sales will be open for 24 hours from their starting time. During the sales, if all of the available tokens are sold out before the closing time (24 hours from its start), the sale will be closed.

The $APT IDO will take place on 🔗https://apricot.one/ido . Please do not get your information from any other sources.

Official Channels

Twitter: https://www.twitter.com/ApricotFinance
Discord: https://discord.gg/C6JrtqZF5U
Telegram: https://t.me/ApricotOfficial
Telegram Announcement: https://t.me/apricotfinanceann
Website: https://apricot.one/

How to Participate [Step by Step Guide]

For the Whitelist-only round of sale:

Go to apricot.one and click on IDO in the top-right menu (will be accessible on the website as well as announced in all of our official social channels)

2. Click on ‘Connect to Wallet’ to connect any of your solana based wallets to see if you are eligible to participate in the whitelist-only round.

3. If you see the screen, you will be able to buy the $APT tokens once the whitelist round starts (sale starts on Nov 18th at 2pm UTC, 9am EST, 10pm HKT).

4. If you see something like this, unfortunately, you are not eligible for the whitelist. You will still be able to buy $APT tokens during the open-to-all public sale which starts on Nov 19th at 2pm UTC, 9am EST, 10pm HKT.

5. Once the whitelist round starts, you should be able to see the screen below and reserve $APT tokens before anyone else, if your address is whitelisted. Make sure you have enough USDC in your Solana based wallet to make the transaction. The maximum allocation per wallet is capped at $6,000 USDC. There are a total of 30,000,000 APT tokens available (3% of the supply) for this round priced at $0.3 USDC per APT.

6. Just enter the amount (in USDC) for the number of $APT tokens you would like to reserve.

7. Click on ‘Reserve now’, approve the transaction in your wallet and you should see a screen like this:

8. You won’t be able to reserve any more tokens if you have hit the maximum cap ($6,000 USDC worth of $APT tokens per wallet)

9. Once the whitelist sale ends, you are also eligible to participate in the Open-to-all public sale.

For the Open-to-all round of sale

Go to apricot.one and click on IDO in the top-right menu (will be accessible on the website as well as announced in all of our official social channels)

2. Click on ‘Connect to Wallet’ to connect any of your Solana based wallets

3. You should see a screen like this if the sale hasn’t started yet. The open to all public sale starts on Nov 19th at (2pm UTC, 9am EST, 10pm HKT)

4. Once the open-to-all round starts, you should be able to see the screen below and reserve $APT tokens. Make sure you have enough USDC in your Solana-based wallet to make the transaction. Maximum allocation per wallet is capped at $4,000 USDC for the open-to-all round. There are a total of 10,000,000 APT tokens available (1% of supply) for this round priced at $0.3 USDC per APT.

Note: This open-to-all round doesn’t require KYC.

5. Just enter the amount (in USDC) for the number of $APT tokens you are willing to reserve.

6. Click on ‘Reserve now’, approve the transaction in your wallet and you should see a ‘Congratulations’ screen similar to the above.

Token Claiming, Trading & LP Staking

Token Claiming:

Post IDO, this page will reflect the number of $APT tokens you had reserved during the sale and are available to claim. Just click on ‘Claim now’ to claim your $APT tokens and the same will be reflected in your connected wallet

2. Upon claiming, you should see a successful message like this

🪙Trading your $APT tokens and LP staking:

- APT tokens will be tradable firstly on Raydium here 🔗(link)

- LP stake your APT tokens on Raydium here 🔗(link)

About us: Apricot Finance is a next-generation lending protocol on Solana, offering cross-margin leveraged yield farming and an automated self-deleveraging mechanism that enables users to maximize returns while maintaining downside protection. In the future, Apricot plans to tap into the concept of securitization in traditional finance to explore sustainable solutions for bad debt processing.