Shell Trade IDO refund has been completed and will focus on planning the distribution of SS20

Shell Trade announced that the IDO refund has been successfully completed, and the team will now focus on the allocation of SS20. In addition, bridging functionality will be launched during TGE. Previously reported that on January 16th, Shell Trade, a BRC20 cross-chain protocol based on the Solana network, completed the IDO sale at 4 pm Beijing time today, with an oversubscription rate of over 2000%. A total of 570 million SS20 tokens were sold this time, equivalent to 57% of the total token supply. The fully diluted market value after TGE is $1.5 million, and the total sales scale of IDO is $855,000.

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