Users who are not selected to receive an allocation will receive their funds back in their CoinList Wallet within 48 hours of June 19, 2025 at 17:00 UTC.
In order to participate in the Enso Token Sale, users will need to fund their CoinList Wallet with the minimum purchase amount ($100 USD worth of USDC, USDT, or USDe). There is no pre-funding deadline, but users will need their funds in their CoinList wallet to submit a purchase request within the 7-day timeframe, June 12 at 17:00 UTC to June 19 at 17:00 UTC, to be eligible to receive an ENSO allocation.
To learn more about the "Filling from the Bottom" Allocation Method, see here.
CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer ENSO tokens for purchase during the Enso Token Sale to prospective participants in the United States (and its territories), Canada, as well as other unsupported jurisdictions.
In order to be eligible to participate in the Enso Token Sale, users must fund their CoinList Wallet with the minimum purchase amount ($100 in USDC, USDT, or USDe) as well as pass KYC verification.
Once the sale begins, users will be prompted to submit a purchase request, with a limit set between $100.00 and $2,500,000.00. You can not submit a purchase request that is larger than the amount of USDC, USDT, or USDe that you hold on CoinList.
After the purchase period closes, June 19, 2025 at 17:00 UTC, allocations will be selected based on the ‘Filling from the Bottom” allocation method. Users will be informed of the final allocations within 48 hours of June 19, 2025 at 17:00 UTC.
Users who are not selected to receive an allocation will receive their funds back in their CoinList Wallet within 48 hours of June 19, 2025 at 17:00 UTC.
We will display payment information when you complete your registration for the Enso Token Sale. Eligible purchasers can pay with Tether (“USDT”), USD Coin (“USDC”), or Ethena USDe* (USDe). Payments made in USDT or USDC will equate to the value of one United States Dollar ("USD") regardless of fluctuations in USDT or USDC. Payments made in USDe will equate to the value of 0.999 United States Dollar (“USD”), regardless of fluctuations in USDe. For example, to make a $100 USD purchase, $100.10 worth of USDe is needed.
There are no fees associated with purchasing tokens with USDC, USDT, or USDe. You can deposit USDC, USDT, and USDe into your CoinList Wallet anytime at https://coinlist.co/wallets.
*Users can earn up to 6% APY in rewards. These rewards will accrue until June 26, 2025. If you do not successfully receive an allocation, then you will be refunded your original USDe purchase and continue earning rewards.