Key IDA Information
Essential Details for Participating in the $GBM Utility Token Auction
📌 Key IDA Details
Timing: The GBM IDA starts at 10:00 UTC November 24th 2025 and finishes at: 21:00 UTC December 1st 2025
Duration: The auction will run for 7 days, giving everyone plenty of time to participate.
Token Bundles Sizes: There will be 7 different sizes of $GBM token bundles available to bid on during the IDA
Waves: The auction unfolds across five dynamic waves. Each wave unlocks as fundraising milestones are reached, progressively introducing new token bundles to bid on. When a new wave begins, the starting price for each bundle in that wave matches the lowest live price per token currently being bid across all active bundles.
Currency: Bidding will be conducted in $USDC on the Base network.
Smart Contracts: All bids are fully funded and processed on-chain via audited smart contracts.
Unlock Schedule: All $GBM tokens won in the IDA will be 100% unlocked at TGE
🧾 Wallet Requirements
To participate, you'll need a supported Web3 wallet with both:
$USDC (for bidding) on the Base network.
$ETH (for gas fees) on the Base network.
Supported wallets include:
MetaMask
Coinbase Wallet & Coinbase Extension
Phantom
OKX Wallet
Any other wallet compatible with WalletConnect
✅ Make sure your wallet is connected to the Base network and funded with both $USDC & $ETH before the auction begins.
Note: There is no guarantee, promise, or expectation of resale value or financial return. GBM tokens are utility tokens, intended for use within the GBM Protocol.
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