KuStarter Tier List

KuStarter
4 min readJul 8, 2021

In order to participate in KCC’s premier launchpad, KuStarter, how much $KUST do you need?

We are delighted to announce our tier list, in order to get access to the best launching tokens on KCC.

For all $KUST holders

Updated tier list, as of 31st July 2021, available here.

  • Tokens must be staked for a minimum of 7 days in order to be elegible, staking will generate a yield funded by our staking reward pool.
  • Staking will be easily facilitated on our platform, and we will publish tutorials on how to do so.

Tier 1 — Bronze

Bronze KuStarter
Bronze KuStarter
  • Stake 2000 $KUST
  • Weighting of 0.5 (for weighting details see below)
  • Allocation based on a lottery
  • You may need to complete tasks such as: tweet about project, follow project on Twitter, join project’s Telegram, etc.

Tier 2 — Silver

Silver KuStarter
Silver KuStarter
  • Stake 5000 $KUST
  • Weighting of 1.0 (for weighting details see below)
  • Guaranteed allocation
  • You may need to complete tasks such as: tweet about project, follow project on Twitter, join project’s Telegram, etc.

Tier 3 — Gold

Gold KuStarter
Gold KuStarter
  • Stake 15000 $KUST
  • Weighting of 2.5 (for weighting details see below)
  • You may need to complete fewer tasks such as: follow project on Twitter, join project’s Telegram, etc.

Tier 4 — Platinum

Platinum KuStarter
Platinum KuStarter
  • Stake 25000 $KUST
  • Weighting of 4.5 (for weighting details see below)
  • No tasks, just claim

Tier 5 — Diamond

Diamond KuStarter
Diamond KuStarter
  • Stake 45000 $KUST
  • Weighting of 8 (for weighting details see below)
  • No tasks, just claim

A summary of these tiers is shown below:

KuStarter Tiers Graph
KuStarter Tiers Graph

What does “weighting” mean?

KuStarter will operate a guaranteed allocation for some tiers (as mentioned above). This will work based on the following formula:

Total slots = (number of participants tier 5 * weighting of tier 5)
+ (number of participants tier 4 * weighting of tier 4)
+ (number of participants tier 3 * weighting of tier 3)
+ (number of participants tier 2 * weighting of tier 2)
+ (capped number of participants tier 1 * weighting of tier 1)

Your allocation = (total tokens / total slots) * your weighting

For example, for a project launching on KuStarter with 100,000 token allocation:

If 50 people participate, with a breakdown of:

  • 5 participants @ tier 5
  • 7 participants @ tier 4
  • 15 participants @ tier 3
  • 11 participants @ tier 2
  • 12 participants @ tier 1

We get a total of 126 slots.

(5 * 8) + (7 * 4.5) + (15 * 2.5) + (11 * 1) + (12 * 0.5) = 126

100,000 / 126 = ~793.65 per slot

If you are a Diamond KuStarter member, you would get a guaranteed 6,349.2 tokens.

793.65 * 8 = 6,349.2

If you are a Gold KuStarter member, you would get a guaranteed 1,984.125 tokens.

793.65 * 2.5 = 1,984.125

Got all that?

We know this is a lot to take in. Rest assured, we will do the maths right in our platform (it will be open-source and you can check it out).

So, to summarise:

The more $KUST you have, the more tokens you’ll get that launch on KuStarter.

We can’t wait to show our platform to you!

Links

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KuStarter
KuStarter

Written by KuStarter

A new and innovative launchpad for projects on the KuCoin Community Chain — https://kustarter.com/

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