Cetus Launchpad will launch Suia (SUIA) on May 15

ChainCatcher news, according to the official announcement, the second phase of the Cetus Launchpad project is Suia (SUIA). Suia is a social dApp built on the Sui network, currently having over 200,000 transactions and more than 300,000 users.

The IDO will take place from May 15th at 16:00 to May 16th at 16:00, supplying 4 million SUIA tokens (4% of the total token supply) to the market.

It is reported that the IDO will be conducted simultaneously in two launch pools: the SUIA-SUI launch pool will supply 3 million SUIA, with a hard cap of 900,000 SUI, and each SUIA will be sold for 0.3 SUI; the SUIA-CETUS launch pool will supply 1 million SUIA, with a hard cap of 2.5 million CETUS, and each SUIA will be sold for 2.5 CETUS. The SUIA-SUI launch pool has a total of 2,000 whitelist spots, with each whitelisted user having a protected allocation of 300 SUI, while the SUIA-CETUS launch pool does not have whitelisted users. (source link)