We just announced an exciting new tiered system for our upcoming IDO projects, offering a range of benefits to holders of $SNRK tokens. The tiered system has five tiers, ranging from Bronze to Diamond, with increasing rewards and benefits for higher levels of token holdings.

If you're interested in participating in the launch of new IDO projects, holding SNRK tokens can give you access to exclusive benefits that will make your investment journey even more rewarding. The benefits of each tier are designed to help you get the most out of your investment, with the highest tier offering the most substantial benefits.

Let's take a look at an example scenario where SNARK has an IDO of a project that launches at less than $50k market cap. In this situation, anyone who gets in at this early stage has a high potential for profit. This is where any tier with GOLD and above comes in.

Holders of 5,000 $SNRK tokens or more qualify for the Gold tier, which guarantees a whitelist spot for the upcoming IDO project. This means that you'll be able to participate in the project without worrying about being excluded due to a lack of available spots. Additionally, there's no requirement to share on social media, making it easier to participate without having to worry about fulfilling additional obligations.

If you're a Platinum or Diamond tier holder, you'll receive even more benefits. The Platinum tier guarantees a whitelist spot, along with a bigger allocation and potential lower entry price to token launches. Meanwhile, the Diamond tier offers all of these benefits, along with no maximum allocation on any project, priority investment, and the potential for lower entry prices to private rounds of other projects.

Here is a better look at the Tier levels.

Tier 1: Bronze (100 Tokens)

At the Bronze tier, holders of 100 $SNRK tokens or more will receive one ticket to participate in the upcoming IDO project. To qualify for this tier, participants need to share on social media. While the benefits at this tier level may seem minimal, it's an excellent entry point for investors who are just starting and want to get a taste of what our Launchpad has to offer.

Tier 2: Silver (1,000 Tokens)

At the Silver tier, holders of 1,000 $SNRK tokens or more will receive ten tickets to participate in the upcoming IDO project. To qualify for this tier, participants need to share on social media. With ten tickets, participants can have a greater chance of being selected in the IDO lottery, making it an excellent choice for investors who want to have a more significant stake in the upcoming project.

Tier 3: Gold (5,000 Tokens)

At the Gold tier, holders of 5,000 SNRK tokens or more will receive a guaranteed whitelist spot for the upcoming IDO project. This means that holders will not have to worry about being excluded due to limited available spots. Additionally, there are no requirements to share on social media. This tier is an excellent option for investors who are confident in the upcoming IDO project and want to ensure their participation.

Tier 4: Platinum (10,000 Tokens)

At the Platinum tier, holders of 10,000 $SNRK tokens or more will receive a guaranteed whitelist spot for the upcoming IDO project, along with a bigger allocation and potential lower entry prices to token launches. With a bigger allocation, Platinum tier holders can have a more significant stake in the upcoming project, increasing their chances of profiting from it. The potential for lower entry prices can also increase their return on investment.

Tier 5: Diamond (50,000 Tokens)

At the Diamond tier, holders of 50,000 $SNRK tokens or more will receive a guaranteed whitelist spot for the upcoming IDO project, with no maximum allocation on any project. Additionally, they will receive priority investment, meaning they will always be the first to invest in any new projects, along with the potential for lower entry prices to private rounds of other projects. This tier is an excellent option for investors who are looking for maximum benefits and want to ensure their participation in every project.

The tiered system provides a range of benefits to investors who hold $SNRK tokens, with each tier offering increasingly significant benefits. The tiered system allows you to choose a level that best suits your investment goals and risk tolerance, with the highest tier providing the most substantial benefits for investors who are confident in the upcoming IDO projects in the zkSync ecosystem.