# 🔗Launchpad

<figure><img src="/files/3vkf2GHH7cRS9MYpFEqE" alt=""><figcaption></figcaption></figure>

### Launchpad Procedure

* 1\.  **Purchase $KSO tokens**

Participants need to acquire $KSO tokens based on the minimum qualification requirements for the tier of their choice. KSO tokens can be purchased on CEXs like and DEXs.

* **2. Staking/Farming $KSO tokens**

Tokens must be staked on the KlayDAO staking dashboard (staking KlayDAO). There are 7, 14, 30, 60 and 90 day lock periods available to choose from. Staked tokens earn yield. The longer the staking lock, the higher the APY (90 day lock earns 75% APY).

Providing liquidity on Klayswap and yield farming through the KlayDAO staking website also qualifies for IGO participation. (Only the $KSO tokens in the liquidity pool are counted towards tier qualifications.)

If a participant stakes and farms, their total $KSO tokens in the LP and staking pools are counted.

* **3. Complete KYC**

The final step is completing the KYC process . KYC must be approved before anyone can participate in IGOs.

* **Note**

KYC must be approved, and tokens must be staked 24 hours before an IGO for a wallet to be whitelisted.

* **IMPORTANT:**

Due to government restrictions, residents of the following regions or countries are not able to participate in IGOs on the KlayDAO Launchpad: Afghanistan, Albania, Burundi, Bosnia and Herzegovina, Belarus, Barbados, Botswana, Central African Republic, China, Republic of the Congo, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Jamaica, Cambodia, Lebanon, Libya, Myanmar, Nicaragua, Somalia, Serbia, South Sudan, Syria, Uganda, United States, Venezuela, British Virgin Islands, Yemen, Zimbabwe.

* **Whitelist**

Once the above steps are completed, no other actions are required. All tier-qualifying KYCed wallets (500 Tier 1 lottery winners and all other tiers) will automatically be whitelisted for IGOs. The whitelist is shared prior to each IGO.

* **Purchase**

Token sales are conducted in a 2 phase process, with the second phase only utilized if necessary.

* **Phase 1:**

All whitelisted wallets have a 2 hour window to purchase their allocated tokens once the IGO starts.

* **Phase 2:**

All unsold tokens from Phase 1 are sold via a second, first-come-first-served (FCFS) round, using the same whitelist.

<figure><img src="/files/BojnCaGbiT3C4MIkCuLP" alt=""><figcaption></figcaption></figure>

* **Claiming IGO Tokens**

Tokens purchased on the KlayDAO Launchpad are made available to claim on the KlayDAO Claims dashboard, reachable through klaydaolabs.io according to each project's token vesting schedule. Our claim dashboard is multi-chain, and currently allows claiming tokens from 6 different layer 1 and layer 2 networks, such as Klaytn, Binance Smart Chain, Ethereum, Matic, Avalanche, Fantom, and Solana.


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