BSCPAD Tiered IDO Model

4 min readFeb 28, 2021


BSCPad is the first decentralized IDO platform for the Binance Smart Chain Network. BSCPad will empower investors and allow cryptocurrency projects creators the ability to provide token sales for upcoming DeFi crypto launches.

BSCPad has found a solution to incentivize and reward all token holders in a way that is inclusive and with a low barrier to entry.

The fundamental flaws of existing launchpads is that acquiring enough tokens to participate in the ecosystem is prohibitive, and even if you do hold the tokens, you are not guaranteed an allocation spot. They are based on a first come first serve basis (FCFS) where automated bots can fill the whitelist spots in a matter of seconds. BSCPad is creating fair decentralized launches.

The hallmark of the BSCPad system is a two-round system. Round 1 or the allcoation round is where both lottery (Bronze, Silver and Gold tiers) and guaranteed tiers (Platinum, Diamond, and Blue Diamond tiers) can participate, whereas round 2 is where any leftover allocations from the first round get distributed among the guaranteed tier holders (i.e. Platinum tiers and above) on a first-come-first-serve (FCFS) basis.

The BSCPad Allocation Round (Round 1):

BSCPad uses a fixed tier system based on the number of tokens held.

Key takeaways from the table:

  • Lottery tiers for a chance to purchase tokens from the public pool
  • Guaranteed tiers can purchase tokens from the public pool
  • Blue Diamon tier is eligible for private allocations
  • As you advance in tiers, the number of tokens you can purchase will increase
  • We specifically designed the tiers to benefit the entire BSCPad ecosystem
  • Tiers were designed to be inclusive to all traders, big and small, with a low barrier to enter into the first and second tier
  • Large shareholders are incentivized to stake into the upper tiers yielding higher allocation opportunities and creating less price volatility for all holders.

Example Token Breakdown

Let’s imagine an example project called XYZ Token that is using our BSC Launchpad. To simplify the math, let’s say they are selling 1,000,000 tokens in the public pool. There are 100 Platinum Members, 25 Diamond Members, and 5 Platinum Members.

  • Platinum Members have a weight of 10, Diamond have a weight of 30, Blue Diamond have a weight of 60. The combined weight of all the qualifying buyers in this example is (100*10) + (25*30) + (5*60) = 2,050
  • The amount of tokens allocated to each “share” is 1,000,000 / 2,050 = 487.8
  • The formula for the number of tokens allocated to a tier is given by,
  • num_users_in_tier * share_amount * tier_pool_weight
  • The amount of tokens for Platinum is 100 * 487.8 * 10 = 487,800
  • The amount of tokens for Diamond is 25 * 487.8 * 30 = 365,850
  • The amount of tokens for Blue Diamond is 5 * 487.8 * 60 = 146,340

The formula for the amount of tokens a user in a tier can purchase is given by

  • num_tokens_in_tier/num_users_in_tier
  • The amount of tokens for each user in Platinum is 487,800/100 = 4,878
  • The amount of tokens for each user in Diamond is 365,850/25 = 14,634
  • The amount of tokens for each user in Blue Diamond is 146,340/5 = 29,268

The BSCPad FCFS Round (Round 2):

What Will Happen to the Unsold Tokens?

In round 2, the unsold tokens from the first round are made available on a FCFS basis, only to guaranteed tiers (Platinum and above). These members can purchase an additional amount that is determined by a tier-based formula. This round is open until all tokens are sold, typically lasting for only a few minutes. The IDO is concluded when all the tokens have sold.

We will be collecting both data and feedback on the IDO structure in order to optimize the system over time as well as taking into consideration community feedback and potential DAO proposals.

Our system is a predictable and provably fair system giving our users the proper incentives to accumulate and hold tokens and support each and every project launched. Over time, we will tweak weights, add new tiers and change other parameters as necessary to keep the system functional, competitive and rewarding for all community members.

$BSCPAD is the next evolution of blockchain launchpads solving the fundamental flaws that plague existing launchpads. This platform benefits all holders of the token and allows for fair launches giving traders of all sizes the opportunity to invest in the best upcoming Binance Smart Chain projects.