Propel Announces IHO of $PEL

  • Metaverse Infrastructure (Metaverse as a Service)
  • DeFi Infrastructure (DeFi as a Service)
  • Propel Pool (Staking as a Service)

What is IHO?

IHO stands for Initial Hot Cross Offering hosted on the Hot Cross platform; essentially, an IHO works similarly to an ApeSwap’s IAO or PancakeSwap’s IFO.

  1. HOTCROSS
  2. HOTDOG (formerly HOTVIP)
  3. HOTCROSS-BNB PCS V2 LPs, and zaps.

What about $PEL token Economics?

$PEL Hot Cross IHO details:

📝 Details about the sale are as follows:

  • Where to buy PEL: IHO page on December 7th, 2021
  • Where to whitelist and KYC for sale: KYC page. You must have a KYC’d wallet to participate in this sale. There is no wiggle room here — we are a compliant-facing team that is non-anonymous and serious about pushing innovation and ideas forward in the on-chain space
  • Amount to raise: $702,000
  • Tokens for sale: 5,400,000 PEL (5.4% of Total Supply)
  • Token price: $0.13 per PEL
  • PEL Metrics: Metrics Deck
  • Cap at TGE: $871,000
  • Payment method 1: HOTCROSS-BNB PCS V2 LP’s, BNB zapped into HOTCROSS-BNB PCS V2 LP’s, or BUSD zapped into HOTCROSS-BNB PCS V2 LP’s; (This session is Unlimited)
  • Payment method 2: HOTCROSS single sided (This session is max cap $1,000)
  • Payment method 3: HOTDOG single-sided (launching this week!) (This session is max cap $10,000)
  • Launch Time: December 7th, 2021. The exact clock time will be announced super soon. You will have ample time to participate
  • IHO Duration: TBD
  • Vesting: No Vesting
  • HOTCROSS Holding Requirements: 0 Holding Requirements
  • Tiers: 0 Tiers, everyone is on the same level
  • Lotto: No lotto, everyone who KYC’s can participate
  • Deadline to whitelist: December 1st, 2021 (00:00). Do not delay. Start now
  • HOTCROSS Capped Session Amount: $234,000
  • HOTDOG Capped Session Amount: $234,000
  • HOTCROSS-BNB PCS V2 LP Uncapped Session Amount: $234,000

About Hot Cross

Hot Cross is an extensive multi-chain and cross-chain tool suite that enables blockchain teams and their communities to thrive. At its core, Hot Cross aims to be the best toolbox for ETH and EVM networks. Their development philosophy is agile, and they are a cohort of builders who aggressively seek out opportunities to meet the demands of the now for both B2B and B2C.

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Propel

Propel

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MaaS(Metaverse as a Service) & DaaS (DeFi as a Service) Infrastructure Provider