# TheStandard.io to launch IDO on LuaStarter

**URL:** <https://forum.viction.xyz/t/thestandard-io-to-launch-ido-on-luastarter/2068>\
**Category:** LuaSwap\
**Created:** [8 December 2021 04:02 UTC](https://forum.viction.xyz/t/thestandard-io-to-launch-ido-on-luastarter/2068 "2021-12-08T04:02:14Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Kevin](https://avatars.discourse-cdn.com/v4/letter/k/2acd7d/32.png) [@Kevin](https://forum.viction.xyz/u/Kevin)\
**Post date:** [8 December 2021 04:02 UTC](https://forum.viction.xyz/t/thestandard-io-to-launch-ido-on-luastarter/2068/1 "2021-12-08T04:02:14Z")

</div>

We are excited to announce that [TheStandard.io](http://TheStandard.io) will be the next project to launch on LuaStarter on 13 December 2021.

 ![](https://europe1.discourse-cdn.com/flex005/uploads/tomochain/original/2X/4/4b36cade7391799095c449f546f64a55b2892ea3.jpeg)

About [TheStandard.io](http://TheStandard.io)

[TheStandard.io](http://TheStandard.io) is a decentralized finance (Defi) infrastructure project that enables users to generate stable cryptocurrencies by utilizing asset-backed loans without intermediaries. This would allow users to spend their locked-up funds without selling their assets.

The protocol is governed by a community of “Standard Token” holders which form a Decentralized Autonomous Organization (DAO). The Standard DAO will manage the protocol by making key decisions utilizing smart voting mechanisms and prediction markets.

[Website](https://thestandard.io/) | [Whitepaper](https://thestandard.io/the-standard-whitepaper/) | [Twitter](https://twitter.com/thestandard_io) | [Telegram](https://t.me/TheStandard_io) | [Blog](https://blog.thestandard.io/)

📜 IDO Information:

```
     Token Symbol: $TST

     Token Type: TRC-20 (TomoChain)

     IDO Supply: 3,000,000

     Whitelist: 400,000

     Tier members: 2,600,000

     Total Supply: 1,000,000,000

     Accepted cryptocurrencies: USDT (TRC-21)

     IDO Token Sale Price: 1 TST = 0.07 USDT

```

📋 Whitelist

To sign up for the whitelist, please complete all the tasks following [this link](https://gleam.io/1lvwn/thestandardio-x-luastarter-ido-community-pool).

 ![](https://europe1.discourse-cdn.com/flex005/uploads/tomochain/original/2X/9/97582d94f094c38208d22b2f176b75a368630aaf.jpeg)

A total of 500 winners will be randomly selected, each of whom will get an allocation of **800 TST** ($56) in addition to their existing allocation from the Tier Guaranteed System.

🗓 Important Dates

LUA Staking Deadline: 9:00 AM UTC, 10 December 2021

Whitelist registration deadline: 11:00 AM UTC, 11 December 2021

Winner announcement: 9:00 AM UTC, 12 December 2021

IDO pools open (whitelist & tier): 9:00 AM UTC, 13 December 2021

IDO pools close (whitelist & tier): 9:00 AM UTC, 14 December 2021

$TST Token Claim Opens (TGE): TBA

Note: LUA staking for IDO pools means staking LUA in LuaSafe or adding liquidity in LUA-TOMO(E) pool on TomoChain or Ethereum to be qualified for a tier, and secure an allocation

📌 Useful Links

- [_How to participate in IDOs_](https://docs.tomochain.com/luaswap/luastarter/how-to-participate-in-idos)
- [_Tier requirements and Token allocations_](https://docs.tomochain.com/luaswap/luastarter/tier-requirements-and-allocation)