AELIP 35 has been approved. The pool for Aelin Tokens incentivized with $1.1M in OP tokens has begun; users can invest until Sep 14th.
AELIN tokens will be sold for sUSD in an uncapped pool. Investors will be incentivized with the remaining OP tokens (approx $1,100,000 in tokens) held by the treasury as a bonus for participating in the pool. The council will determine what deal terms will be offered when the investment window closes, depending on the total amount deposited in the pool.
All of the OP in the treasury wallet will be distributed, which means the number of OP tokens received based on sUSD will vary.
Example: Based on a pool size of $1,100,000, the value of OP tokens received would be greater than 1:1 invested.
There could be a significant deviation from this example depending on the pool size, the number of AELIN tokens sold, the price of AELIN tokens, and the price of OP tokens. The exact deal terms will be presented on Sep 14th.
Pool Timeline
Step 1: Pool Starts (Sept 12th)
Step 2: Pool Investment Deadline (Sep 14th)
Step 3: Deal is presented by the Aelin Council (Sept 14th)
Step 4: Round 1 deal acceptance window (24 hours from Step 3)
Step 5: Round 2 deal acceptance window (24 hours from Step 4)
Step 6: AELIN tokens start to vest/ OP tokens will be sent to investors or made claimable from a Merkle tree-based contract
How to invest in the Aelin Pool to receive Aelin Tokens + OP Bonus?
Step 1: Go to https://app.aelin.xyz/ and connect to Optimism.
Step 2: Go to the verified Aelin Treasury Pool - LINK. You’ll be presented with the screen below
Step 3: Approve the Aelin contract to deposit your investment tokens.
Step 4: Deposit Investment tokens into the pool.
Step 5: Wait until the deal terms are announced, then decide if you’ll accept or decline the deal for Aelin Tokens and bonus Optimism tokens.
When will I know the terms of the Aelin Token deal?
The Aelin council will announce the deal terms on Sept 14th.
What if I don’t like the deal presented?
No stress at all. You’ll be able to decline the deal (or do nothing at all) and you’ll receive all of your investment tokens back