The 2 Tokens - IDIA & vIDIA
Learn about the 2 tokens of Impossible Finance
Last updated
Learn about the 2 tokens of Impossible Finance
Last updated
So, by now, you should know about:
The structure of our IDOs (staking / purchase / claim)
Where to stake your tokens to get allocation (standard sale / unlimited sale / whitelist sale)
So, you are now probably asking what tokens should you stake in order to get allocation?
IDIA & vIDIA are the tokens that you can use to obtain allocation on our IDOs.
IDIA is our Impossible Finance Launchpad token vIDIA is the vested version of our IDIA Token
Whether you stake only IDIA or only vIDIA or even both at the same time, the important thing is to stake early (check for more info).
At face value, IDIA & vIDIA sound & appear the same, but, there are some core differences between the two.
On the table below, you can see the major similarities and differences between both:
You can use it to stake on our IDOs
You can trade it in a Swap (ex. IF Swap or Pancake Swap)
You can transfer IDIA between wallets
vIDIA Characteristics
You can use it to stake on our IDOs
You cannot trade it nor transfer it between wallets
You can earn passive rewards by holding it
Another difference between IDIA & vIDIA is that vIDIA usually gets a bigger IDO pool, therefore usually giving access to bigger allocations.
By looking at the characteristics of each, you should already start to have a picture of which of the tokens makes more sense for your preferences.
You should use IDIA if you prefer to:
Have flexibility & be able to trade your tokens anytime
Be able to transfer your tokens between your wallets
You should use vIDIA if you prefer to:
Hold your tokens for longer periods of time
Earn passive income while holding vIDIA
Access to bigger IDO allocation pools
You can get IDIA by purchasing it directly in different platforms. For vIDIA, however, you can only get it by Vesting your existing IDIA.
In practical terms, this means that in order to get vIDIA you would need to get IDIA first.
You can get IDIA by purchasing it directly through the following locations:
Over the next page, we will go over how to vest your existing IDIA into vIDIA.