How to claim your ALLUO tokens

xec
AlluoApp
Published in
2 min readMay 5, 2022

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First, we wanted to thank everyone who participated in the auction to help us build the decentralised neo-bank of the future!

We managed to raise 63.5 ETH during the auction and have now settled the auction — the final price for the token is set at 11,428.5 ALLUO tokens per ETH, which is equivalent to $0.256 with ETH currently priced at $2931.

Fun stat of the day, over half a million people (587k to be precise) saw our auction tweet in the last few days.

We will then put this ETH in an 80–20 ALLUO-ETH balancer pool this Friday alongside the existing ALLUO locked and will be able to start trading later in the day.

How to claim your tokens

For those who participated in the auction, the token claiming process is very straightforward.

First, go to the auction page and connect your wallet on mainnet (the wallet that was used in the auction)

The amount of ALLUO tokens you can claim has already been calculated for you. For instance, someone who would have committed 0.1 ETH would be eligible to receive 1,142.85 tokens = 0.1 (amount of ETH) * 11,428.5 (number of ALLUO tokens per ETH).

Then click Claim, confirm the transaction in your wallet (e.g. metamask) and you are all set!

You can then go to https://app.alluo.finance/v2 and click on Lock.exe to lock your tokens and enjoy the rewards!

Aidrop reminder

As a reminder, all token auction participants will be eligible for a share of our future airdrop and liquidity providers will be eligible for a share of our upcoming airdrop so make sure you read this article detailing who will be eligible for what.

Note that participants in our farms will also be eligible for the airdrop so if you want to qualify, make sure you deposit at least $500 on https://app.alluo.finance/ where we offer great yields paid in the same token you deposit in (ie the USD farm automatically compounds in USD stablecoins, same with the future ETH and BTC farms, no need to worry about rewards and their volatility).

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