50% unlock at TGE, followed by a 12-month linear unlock for the remainder of tokens. TGE is expected during Q2 2025.
CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer OBOL tokens for purchase during the Obol Token Sale to prospective participants in the United States (and its territories), Canada, China, as well as other unsupported jurisdictions.
In order to participate in the Obol Token Sale, users will need to fund their CoinList Wallet with the minimum purchase amount ($100 in USDC or USDT). There is no pre-funding deadline, but users will need their funds in their CoinList wallet to submit a purchase request within the 7-day timeframe, February 24 at 17:00 UTC to March 3 at 17:00 UTC, to be eligible to receive an OBOL allocation.
Obol acts as a foundation for Layer 1’s as well as other emerging Decentralized Infrastructure Networks (Layer 2’s, DePin, Sequencers, Provers, Preconfirmations, AVS’s, Oracles, etc). Ethereum staking protocols like Lido and EtherFi are already using Obol DVs on mainnet to onboard hundreds of at-home operators and secure nearly $1 billion in stake. Obol DVs are also active on Gnosis Chain, and coming soon to Monad. Obol has a vision for securing all applicable PoS Layer 1 blockchains, which currently include more than $500 billion of staked assets, and are likely to secure trillions of dollars in the future.
Now, the launch of the OBOL Token enables Obol to decentralize ownership and governance, conduct retroactive funding for ecosystem builders, and improve operator economics. Obol now has everything it needs to expand its Decentralized Operator Ecosystem and solidify itself as the foundation of Decentralized Infrastructure Networks.
In order to be eligible to participate in the Obol Token Sale, users must fund their CoinList Wallet with the minimum purchase amount ($100 in USDC or USDT) as well as pass KYC verification.
Once the sale begins, users will be prompted to submit a purchase request, with a limit set between $100.00 and $250,000.00. You can not submit a purchase request that is larger than the amount of USDC or USDT that you hold on CoinList.
After the purchase period closes, March 3, 2025 at 17:00 UTC, allocations will be selected at random based on the ‘Filling from the Bottom” allocation method. Users will be informed of the final allocations within 48 hours of March 10, 2025 at 17:00 UTC.
Users who are not selected to receive an allocation will receive their funds back in their CoinList Wallet within 48 hours of March 10, 2025 at 17:00 UTC.
We will display payment information when you complete your registration for the Obol Token Sale. Eligible purchasers can pay with Tether (“USDT”) or USD Coin (“USDC”). Payments made in USDT or USDC will equate to the value of one United States Dollar ("USD") regardless of fluctuations in USDT or USDC.
There are no fees associated with purchasing tokens with USDC or USDT. You can deposit USDC and USDT into your CoinList Wallet anytime at https://coinlist.co/wallets.