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Red Kite is part of the PolkaFoundry ecosystem and uses the platform’s native PKF as a utility token. The investors can hold PKF tokens to join the Red Kite platform and participate in the token sale rounds for hand-picked and vetted crypto projects.Tiers and requirements:Tier 1: DoveOwning: 500 $PKFStaking duration: 1 dayUnstaking delay: 1 dayPool size: 15%Lottery-based; one ticket for each 500 $PKFSocial activity requirements:— Twitter: Follow, Like, Comment, Retweet, Tags— Telegram: Join groups and subscribe channelsPerks for unlucky members: APY of 10%, calculated on the first day of next month for ones who win no ticket in the previous monthTier 2: HawkOwning: 5k $PKFStaking duration: 3 daysUnstaking delay: 3 daysPool size: 30%Lottery-based; one ticket for each 500 $PKFSocial activity requirements:— Twitter: Follow &amp; Like— Telegram: Join groups and subscribe channelsPerks for unlucky members: APY of 5%, calculated on the first day of next month for ones who win no ticket in the previous monthTier 3: EagleOwning: 40k $PKFStaking duration: 7 daysUnstaking delay: 7 daysPool size: 35%Get one guaranteed-to-win ticketLottery for the remaining pool, get one ticket for each 2000 $PKFSocial activity requirements: nonePerk for unlucky members:— Can participate in private sales, subject to availability— Occasional airdrop of NFT and tokensTier 4: PhoenixOwning: 80k $PKFStaking duration: 10 daysUnstaking delay: 10 daysPool size: 20%Guaranteed allocation, weighted by a token amountSocial activity requirements: noneCan participate in private sales, subject to availabilityOccasional airdrop of NFT and tokensThis tier system will be adjusted after a few projects launch as we gain more experience and get feedback from the community.

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