Updated Guidelines on how to join the Sales on the TruePNL Launchpad

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TruePNL Launchpad

6 min readJan 20, 2022

TruePNL strives to follow its mission to provide diverse and fair investment opportunities for every user. We always take the feedback of our community into account and try to make everyone’s investment experience on the TruePNL Launchpad more accessible and profitable.

Our former sales model aimed to make Vested Sales available exclusively for users holding more than 10k $PNL or providing liquidity for 5k $PNL. This way, if a user has had an intention to join a Vested Sale, they should have bought $PNL tokens and had to wait for 24 hours to become eligible for joining a Vested Sale.

We decided to update our sales regulations and provide an opportunity to buy allocations for a wider range of users right on the spot, and also to bring more benefits for those who contribute to the TruePNL Ecosystem.

The Staking model we’ve launched recently has brought significant amendments to our sales regulations and now allows more users to participate in the sales on TruePNL Launchpad and get greater allocations at competitive costs.

In this article, we will provide the key points about our system of sales and detailed information on how to join Vested, PNLg, and Lottery pools on TruePNL.

The description of TruePNL sales and pools

There are three pools on the TruePNL Launchpad: the Vested pool, the PNLg pool, and the Lottery pool.

Vested Sale

The Vested Sale is the major and unique benefit of the TruePNL Launchpad sales system, as it allows to get allocations in the most promising early-stage projects and get the tokens at rates lower than the listing price.

We carefully study and hand-pick every project before opening a Vested Sale. As Vested Sales are launched before the Public rounds and token listing on a DEX/CEX, TruePNL acts as a VC, assisting the projects to raise funding and get early supporters. Obtaining an allocation from a private/seed round, therefore, provides an additional assurance of a potential upside for our community.

We have recently updated our Vested Sales to offer our users the option of purchasing allocation using PNLg points to get a special discount on Vested Sales. You can read the full guidelines on how to utilize PNLg points in Vested Sales here.

Vested Sales are currently open to all registered and KYC verified users.

To get an allocation in a Vested Sale, you need to complete the following easy steps:

Log in to your account and connect your MetaMask wallet
Pass the KYC procedure
Choose a Vested Sale on the TruePNL Launchpad
Select the amount of allocation and buy it using USDT on Binance Smart Chain or use PNLg to reduce the cost of your allocation.

Vested Sales now have two deposit options: purchase tokens with USDT or use PNLg to lower the price of your allocation

5) Your allocation will be displayed in the “My Investments” section as soon as the Vested Pool is filled and the sale of the project is closed.

6) To claim your tokens, follow our announcements with detailed instructions. the tokens are being released in accordance with the vesting scheme, which can be found on the project’s page.

Public Sales

When it comes to a Public Sale (or an IDO), it is divided into the PNLg and the Lottery pools, available to join through signing up to a Whitelist.

The Lottery pool provides an opportunity to join for every registered user with the KYC verification (the KYC procedure is mandatory for everyone who wants to take part in any sale).

As the name implies, joining the Lottery pool on TruePNL does not guarantee a share of tokens, and the selection of winners is based on random. The number of the Lottery pool winners varies from project to project. The amount of allocation also depends on the project and can constitute the amount from 0.05% to 5% of the total Lottery pool.

The Lottery pool is open for all registered users with KYC, and to participate, users only need to complete the necessary social actions and wait for the Lottery pool winners to be announced.

If a user wins an allocation in the Lottery pool, they can buy it with USDT at the time of the Public Sale of a particular project.

The PNLg pool provides a better opportunity to get a guaranteed allocation in a Public Sale, and it’s available for users who have PNLg points on their accounts to contribute to the pool. The PNLg pool is based on a pool weight formula, and the more PNLg points a user contributes to a pool, the bigger the allocation they will receive.

To join a PNLg pool of a chosen Public Sale, a user needs to invest PNLg points they’ve earned by Staking, holding, or providing liquidity for $PNL (a detailed description of the PNLg point and how to earn them can be seen here).

If the user’s share is more than 0,25% of the total PNLg points invested in the pool, the user receives a guaranteed allocation, which is equal to his PNLg contribution, but not more than 5% of a total pool. The remaining allocation will be distributed among the rest of the PNLg points contributors.

More information and the exact formula are available on our documentation page.

This way, and by tracking the progress of a PNLg pool filling, each user has a chance to get an allocation according to their PNLg contribution. We announce the minimum and the maximum PNLg pool share at each Whitelist opening. In case the user’s share is too small compared to the other pool participants, the PNLg points will be returned to the user’s account.

How to buy allocations in Public Sales

Log in to your account and connect your MetaMask wallet
Pass the KYC procedure
Select a Public Sale and join the Whitelist, by following the rules of joining listed above
As soon as the Whitelist is closed, we publish the list of Winners — users, who have won an allocation in the PNLg or the Lottery pool
If you see your name on the list of Winners, you can get your allocation during the Public Sale
Usually, we give 3 hours for the Whitelist Winners to get their allocations, so follow the announcements with the Public Sale timing
If the user has won an allocation in the PNLg pool but failed to buy it out during the Public Sale, PNLg points won’t be refunded, and the tokens will be sold out during the FCFS round
To claim your tokens, check-in with the vesting scheme and follow the instructions we provide in our Telegram channel