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Finceptor · Nov 27, 2023

Introducing Pre-Staking Program

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Finceptor · Finceptor

Due to the high demand from the community members, we decided to introduce a new initiative called Pre-Staking — enabling early $FINC investors to automatically stake their future TGE tokens before the official token generation event (TGE).

Pre-Staking enables $FINC investors to start accumulating allocations for the upcoming public sales in Finceptor. It’s a simple system that automatically shifts the token distribution schedule for 30 days in exchange for starting earning allocations.

Hence, in exchange for delaying the token distribution by 30 days, pre-staking participants’ TGE $FINC tokens will be regarded as staked, meaning they will have more allocations than the $FINC stakers who will stake after the token launch.

Our allocation policy is simple yet powerful.

The more and longer you stake $FINC, the larger your allocation will be.

Hence, since time (how long you stake) is an essential factor for determining allocations, pre-staking participants will enjoy greater allocations than others.

Pre-staking is a 1-month program. For example, if you’re seed $FINC investors or community presale participants,

Normally, the token distribution schedule for this round is 10% TGE unlock, 1-month cliff, and 7 months of linear daily vesting. If you enroll in the pre-staking program, your vesting schedule looks like 0% TGE, 10% unlock after 1 month, then a 1-month cliff followed by 7 months of daily linear vesting — hence, the previous vesting schedule is shifted by a 1-month.

In exchange for that, you will be able to accumulate allocation points to access new deals — IDOs, Liquidity Vaults, and Bonds.

  1. How much allocation will I have?

Since our allocation policy is time-based, it’s crucial to stake as early as possible — you’ll get much higher allocations than before.

For example, imagine there are 100 $FINC stakers, and everyone staked 100 $FINC tokens, of which 10 of them enrolled in the Pre-staking program, and the rest staked their tokens after the TGE.

Then, suppose that the first public sale is open one week after TGE. Then, pre-staking participants could get up to 150% more allocation than the others, given that their staking time is two weeks more than others.

  1. When and where can I enroll in this program?

Head over to finceptor.app/deals/sale/finceptor and click “Pre-Staking” in the registration period.

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