A Guide to the Lendroid Token Generation Event

Published in

Lendroid

6 min readFeb 18, 2018

We received 10,976 registrations for the TGE. The individual cap for Day 1 has been set at 0.46 ETH

First, we thank the community for their overwhelming support. From Feb 11 to Feb 13, we received 10,976 registrations over three days. Over the last few weeks, the strength of the community on Telegram, Slack, our Newsletter has grown significantly. We are humbled by the genuine interest in the project.

We are happy to move forward to the public Token Generation Event.

Do note that no action is required until 0:01 GMT on the 19th. All of the information provided below is for you to prepare and prime yourself for the TGE.

A table of contents for quick navigation -

For the tech-savvy
Pictorial TGE Guide
How to change your vesting decision
Check Your Vesting Status, Contribution History
Troubleshooter

Summary

Begins Feb 19, at 00:01 GMT. Ends Feb 22, at 23:59 GMT
TGE only at https://tge.lendroid.com
Contract address will be made available ONLY on https://tge.lendroid.com
ENS name lendroid.eth is also made to resolve to the contract address made available on the https://tge.lendroid.com website.
Here is the Github link to the smart contract
The individual cap is 0.46 ETH (5000 ETH hard cap / 10,976)
Recommended gas limit is 125,000

Please note -

Do not send funds before 00:01 GMT on Feb 19.
There is no hurry. All registered and approved participants can contribute.
We’ve set an individual cap, so no need to worry about gas war for the first 24 hours.
DO NOT send ETH to any address other than the one provided in the website. Please verify before sending ETH if the address matches the one on theTGE site (https://tge.lendroid.com).
Contract address WILL NOT BE SENT via email.
Individual cap will be removed after 24 hours.
TGE will run until we hit the hard cap of 5000 ETH or Feb 22, whichever is earlier
The TRS subscription begins along with the TGE. It ends on Feb 25, at 23:59 GMT.
Those who choose to vest earn at least a bonus of 1.5x* tokens. Here is a quick explainer to vesting and the TRS process.
Tokens will be released 7-14 days after the TRS subscription is closed.

A Note on ENS name lendroid.eth

In order to communicate the contract address more conveniently and in human readable format, we have provided an ENS address to the smart contract - lendroid.eth. As you can see, ENS address is like a domain name. This maps to the hexadecimal contract address. If your wallet does not support ENS, you can still use the hexadecimal address provided.

Please cross check the ENS address against the smart contract address. You can do this using a service like ENS Lookup. Please be cautious of fake addresses, which might have similar letters, with a difference of just one character.

As ever, we are available on the official Telegram channel - https://t.me/lendroidofficial

For the tech-savvy

Here is our contract code: contract code

Here is our contract ABI:

Call the contributeAndVest () or contributeWithoutVesting () Functions

Pictorial TGE Guide

Step 1: Get to https://tge.lendroid.com after 0:01 GMT on the 19th. and key in your ETH address. This should be the same ETH address you used when you registered. Click continue.

Note: ETH address in image is indicative only.

Step 2: Check the two boxes (after thoroughly reading terms and conditions). Click confirm.

Note: ETH address and in image is indicative only.

Step 3: Take stock of important TGE information.

Verify that contribution address matches the address shared in the https://tge.lendroid.com website. (address in image is indicative).
Custom data is needed to specify your vesting choice. (code in the image is indicative)
Recommended gas limit

Note: ETH address and code in image are indicative only.

Step 4: Open your wallet, and enter -

ENS Name / Contribution address (verified on https://tge.lendroid.com)
ETH Contribution amount (Make sure it is within the individual cap)
Set gas limit as 125,000

On the Jaxx Wallet. | Note: ETH address and code in image are indicative only.

On Metamask. | Note: ETH address and code in image are indicative only.

On MyEtherWallet / MyCrypto. | Note: ETH address and code in image are indicative only.

Step 5: To vest or not to vest. Here’s how to choose. First, open the ‘custom data’ field in your wallet. In that field -

To vest, enter code 0x9a0907c2
To NOT vest, enter code 0xfb088558

Keying in the vesting code on Jaxx, Metamask and MEW. | Note: ETH address and code in image are indicative only.

Step 6: Send transaction. Make contribution. You have successfully participated in the TGE.

How to change your vesting decision

You can change your vesting decision any time from the start of the TGE until 23:59 on Feb 25.

Here’s how -

Repeat Step 1, Step 2 and Step 3. Get to the page with the essential TGE information.

Note: ETH address and code in image are indicative only.

Step 4: Open your wallet, and enter -

ENS Name / Contribution address (verified on https://tge.lendroid.com)
Set ETH amount as 0
Set gas limit as 125,000
To vest, enter code 0x2b8e4df10000000000000000000000000000000000000000000000000000000000000001
To NOT vest, enter code 0x2b8e4df10000000000000000000000000000000000000000000000000000000000000000

Changing vesting decision on Jaxx, Metamask, MEW. Note: ETH address and code in image are indicative only.

Step 5: Send transaction.

Throughout the entire process, please remember to use the ETH address you used to whitelist yourself. You can return to the TGE link and check your vesting status by typing in your ETH address again.

Check Your Vesting Status, Contribution History

You can check your vesting status at any time by visiting tge.lendroid.com, keying in your ETH address and navigating to the ‘contribute to TGE’ page. Scroll down that page for the information you’re looking for.

Figures are indicative only, not actual

Troubleshooter

Why is my transaction failing?

Are you using the same ETH address you used to register for the whitelist?
Is your gas limit too low? Please set it at 125,000
On Day 1, the individual cap is 0.46 ETH. You cannot contribute more than this amount on Day 1.

How can I change my vesting decision?

Follow the steps in ‘How to change your vesting decision’ section

The continue/confirm button is not working

Make sure you entered the right ETH address
Make you check the boxes

I still have issues. Who do I contact?

Write in to contact@lendroid.com or join our Telegram channel — https://t.me/lendroidofficial