Tiered System V2 (Updated)
Benefits of holding the $SNRK Tokens
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
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