Snark Launch
  • Snark Launch Introduction
    • 📖Glossary
  • Tokenomics
    • Token Smart Contract
  • Overflow Method
  • Tiered System V2 (Updated)
    • Tiered System V1(Old)
  • Roadmap
  • Team & KYC
  • 🔐Security Audits
  • Guides & Tutorials
    • How to participate in Snark Private & Public Sales
    • How to Bridge to zkSync Era
  • FAQ
  • 🚀The Snark Launch Platform
    • 🎟️Launchpad
      • 🌊Swap
      • AI Zone
    • 💹Staking
    • 🏦Snark Insurance
    • 🗣️DAO Governance
    • Affiliate Earnings
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  • 🧲Official Links
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    • Crew3 Tasks & Rewards
    • 📖Disclaimer
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  • The Snark system consists of 3 tiers (Gold, Platinum, and Diamond)
  • "What if the highest tier isn't able to fill out their pool reserve ?"
  • Gold Tier (5,000 Tokens)
  • Platinum Tier (10,000 Tokens)
  • Diamond Tier (50,000 Tokens)

Tiered System V2 (Updated)

Benefits of holding the $SNRK Tokens

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Last updated 2 years ago

The Snark system consists of 3 tiers (Gold, Platinum, and Diamond)

Context: Pool reserved is the allocation that a tier gets. Example: Project X wants to raise 100 ETH

If the Gold tier has a 20% reserve, it means 20 ETH (20% of 100 ETH) is reserved only for gold.

"What if the highest tier isn't able to fill out their pool reserve ?"

The remaining pool allocation is then offered to the tier below it.

Example:

If the Diamond tier has a 50% allocation of the entire round and they were only able to fill out 40% of it, the remaining 10% would go towards the platinum tier.

Gold Tier (5,000 Tokens)

  • 20% pool reserved + whatever left remaining

  • Guaranteed whitelist

  • Tokens must be staked

Platinum Tier (10,000 Tokens)

  • 30% pool reserve

  • Guaranteed whitelist

  • Bigger allocation

  • Potential lower price entry to token launches

  • Tokens must be staked

  • No requirement to share on social media

Diamond Tier (50,000 Tokens)

  • 50% pool reserve

  • Guaranteed whitelist

  • No max allocation on any project (varies depending on the raise)

  • Priority investment (Always first)

  • Tokens must be staked

  • Potential lower price entry to token launches (private rounds of other projects)

  • Potential bonus tokens if purchased

Snark Insurance
Snark Insurance
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