> For the complete documentation index, see [llms.txt](https://hodlpad.gitbook.io/hodlpad/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hodlpad.gitbook.io/hodlpad/how-to-participate-in-an-ido-token-sale.md).

# How to participate in an IDO / Token Sale

HODLPad IDOs take place on the BNB Chain (BSC) network and are typically funded with BNB or USDT.

The platform employs a Tiered system to determine participants' guaranteed allocations based on the amount of $HODL staked in the IDO staking pool, with a Staking Duration Multiplier influencing the share of allocation within a Tier. 

The Guaranteed Allocation Points essentially set the total allocation capacity available for distribution, and the formula utilizes it to calculate the percentage of this allocation that a user is entitled to based on their staking activities. This base allocation is established once the registration period concludes, just before the fundraising event begins.