Announcing the Obol Token Sale on CoinList
After running the oversubscribed WalletConnect sale last week, we’re thrilled to maintain that momentum and announce our third token sale of the year with Obol — the foundation of Layer 1 blockchains and decentralized infrastructure networks.
The purchase period for the Obol sale begins February 24, 2025 17:00 UTC and ends on March 3, 2025 17:00 UTC. A few things to note:
- The sale is at a 30% discount to Obol’s previous VC round at a $180M FDV.
- Users who hold at least $20 worth of Lido's wstETH or EtherFi's weETH on CoinList from March 3, 2025 at 17:00 UTC until March 10, 2025 17:00 UTC will benefit from an even lower token price and FDV.
- Successful purchasers that follow Obol on Twitter will be entered into a raffle to win $10,000 🎁
Deal terms
After the purchase period closes on March 3, 2025 17:00, allocations will be selected based on the “filling from the bottom” allocation method. In the event of an oversubscribed sale where all participants receive the minimum purchase amount, priority allocation will be given to purchases made by users based on their Karma tier or those referred through promo codes.
Obol: The Decentralized Operator Ecosystem
Proof of Stake blockchains like Ethereum are currently secured by traditional validators, with single points of failure and centralizing dynamics. Obol solves these issues with its ground breaking Distributed Validators, with major Ethereum staking protocols like Lido and EtherFi already using Obol DVs on mainnet to secure nearly $1 billion in staked assets. Obol provides the technology, opportunities, and community needed to scale layer 1 blockchains and decentralized infrastructure networks.
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