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💻 Due to a Solana Mainnet RPC upgrade, some users were not able to contribute in the last ~3 hours. We have resolved this issue and it is now possible again to contribute like usual in the Kat Kafe IDO.
⤵️ Also we noticed that there has been a slight misunderstanding regarding the KYC requirement for social pool users. All users that want to participate in any sale on Solanium need to pass KYC (if not done so before). Stakers and social pools users are no exception.
🔥 Due to these two reasons we have decided together with the Kat Kafe team to cap the purchase price of $KAT to 0.0009 USDC. For the remaining of the round this price will be active for contributions from now on. Users who contributed in an earlier round still will keep their original purchase price. Contributors who contributed later (above 0.0009) will be updated to the lower price of 0.0009 (instead of 0.00125).
🫰We also saw that there is a lot of demand for the unsold tokens in the IDO. We will get back on that later. Only users who filled 100% of their allocation will be eligible for a potential final round.
🛡 Note that Solanium Shield is active for this launch. For 3 days after TGE your contribution is protected. If the price falls under the average IDO price of 0.00077 you will be able to refund back to USDC, but only if none of the tokens have been moved from your wallet.
💻 Due to a Solana Mainnet RPC upgrade, some users were not able to contribute in the last ~3 hours. We have resolved this issue and it is now possible again to contribute like usual in the Kat Kafe IDO.
⤵️ Also we noticed that there has been a slight misunderstanding regarding the KYC requirement for social pool users. All users that want to participate in any sale on Solanium need to pass KYC (if not done so before). Stakers and social pools users are no exception.
🔥 Due to these two reasons we have decided together with the Kat Kafe team to cap the purchase price of $KAT to 0.0009 USDC. For the remaining of the round this price will be active for contributions from now on. Users who contributed in an earlier round still will keep their original purchase price. Contributors who contributed later (above 0.0009) will be updated to the lower price of 0.0009 (instead of 0.00125).
🫰We also saw that there is a lot of demand for the unsold tokens in the IDO. We will get back on that later. Only users who filled 100% of their allocation will be eligible for a potential final round.
🛡 Note that Solanium Shield is active for this launch. For 3 days after TGE your contribution is protected. If the price falls under the average IDO price of 0.00077 you will be able to refund back to USDC, but only if none of the tokens have been moved from your wallet.
