Help & FAQs

Frequently asked questions

How will the token sale work?

In order to be eligible to participate in the Aligned Token Sale, users must fund their CoinList Wallet with the minimum purchase amount ($100 in USDC or USDT) 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 $480,000.00. You can not submit a purchase request that is larger than the amount of USDC or USDT that you hold on CoinList. 


Allocations will be selected on a first come, first served basis. Karma tiers will not have an effect on allocation selection for the Aligned Token Sale. Any user who submits a purchase after the supply is exhausted will receive their funds back in their CoinList Wallet within 48 hours of the conclusion of the sale. 

What is the lock-up schedule for the Aligned Layer Token Sale?

- Option 1: 10% unlock on the exchange listing date expected during Q1 2025, followed by a 12-month linear unlock for the  remainder of the tokens

- Option 2: 25% unlock on the exchange listing date expected during Q1 2025, followed by a 6-month linear unlock for the  remainder of the tokens

Can I participate in the sale without going through KYC?

No, participation in the sale requires completion of KYC/AML (Know Your Customer/Anti-Money Laundering) checks for all participants.

How do I fund my purchase?

We will display payment information when you complete your registration for the Aligned Token Sale. Eligible purchasers can pay with Tether (“USDT”) or USD Coin (“USDC”). Payments made in USDT or USDC will equate to the value of one United States Dollar ("USD") regardless of fluctuations in USDT or USDC.


There are no fees associated with purchasing tokens with USDC or USDT. You can deposit USDC and USDT into your CoinList Wallet anytime athttps://coinlist.co/wallets.

What is Aligned?

Aligned is a ZK modular stack designed to accelerate the roadmap of Ethereum. By unlocking the full potential of ZK proofs with a suite of products, Aligned enables builders to use proofs with minimal complexity and reduced costs compared to current options.

Why can’t certain residents and citizens participate in the Aligned Layer Token Sale?

CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer ALIGN tokens for purchase during the Aligned Token Sale to prospective participants in the United States (and its territories), Canada, China, as well as other unsupported jurisdictions.

When do I need to fund my purchase?

In order to participate in the Aligned Token Sale, users will need to fund their CoinList Wallet with the minimum purchase amount ($100 in USDC or USDT). There is no pre-funding deadline, but users will need their funds in their CoinList wallet to submit a purchase request in a timely fashion as allocations are determined on a first come, first serve basis.

Topics

Aligned Token Sale

How will the token sale work?

In order to be eligible to participate in the Aligned Token Sale, users must fund their CoinList Wallet with the minimum purchase amount ($100 in USDC or USDT) 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 $480,000.00. You can not submit a purchase request that is larger than the amount of USDC or USDT that you hold on CoinList. 


Allocations will be selected on a first come, first served basis. Karma tiers will not have an effect on allocation selection for the Aligned Token Sale. Any user who submits a purchase after the supply is exhausted will receive their funds back in their CoinList Wallet within 48 hours of the conclusion of the sale. 

What is the lock-up schedule for the Aligned Layer Token Sale?

- Option 1: 10% unlock on the exchange listing date expected during Q1 2025, followed by a 12-month linear unlock for the  remainder of the tokens

- Option 2: 25% unlock on the exchange listing date expected during Q1 2025, followed by a 6-month linear unlock for the  remainder of the tokens

Can I participate in the sale without going through KYC?

No, participation in the sale requires completion of KYC/AML (Know Your Customer/Anti-Money Laundering) checks for all participants.

How do I fund my purchase?

We will display payment information when you complete your registration for the Aligned Token Sale. Eligible purchasers can pay with Tether (“USDT”) or USD Coin (“USDC”). Payments made in USDT or USDC will equate to the value of one United States Dollar ("USD") regardless of fluctuations in USDT or USDC.


There are no fees associated with purchasing tokens with USDC or USDT. You can deposit USDC and USDT into your CoinList Wallet anytime athttps://coinlist.co/wallets.

What is Aligned?

Aligned is a ZK modular stack designed to accelerate the roadmap of Ethereum. By unlocking the full potential of ZK proofs with a suite of products, Aligned enables builders to use proofs with minimal complexity and reduced costs compared to current options.

Why can’t certain residents and citizens participate in the Aligned Layer Token Sale?

CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer ALIGN tokens for purchase during the Aligned Token Sale to prospective participants in the United States (and its territories), Canada, China, as well as other unsupported jurisdictions.

When do I need to fund my purchase?

In order to participate in the Aligned Token Sale, users will need to fund their CoinList Wallet with the minimum purchase amount ($100 in USDC or USDT). There is no pre-funding deadline, but users will need their funds in their CoinList wallet to submit a purchase request in a timely fashion as allocations are determined on a first come, first serve basis.

When can I expect to receive my funds back if I do not get an allocation?

Users who are not selected to receive an allocation will receive the funds back in their CoinList Wallet within 48 hours of the conclusion of the sale.

The Next Evolution of CoinList

When will Trading end on CoinList, and what do I need to do?

As shared in our recent announcement, CoinList is moving to a fully non custodial, onchain model. 


This change requires your attention to your existing assets.


Key Deadlines & Trading Changes


  • Custodial Trading Ends: Trading is now restricted to sell only mode and limited to USDC and USDT and will wind down completely by November 30, 2025.

  • Future Trading: We plan to launch integrated decentralized trading next year.

  • Action for Users: Please check your balances and decide if you need to trade any assets before the November 30th deadline.


Critical Conversion Notice

  • Withdrawals will not be available for the following assets. Starting November 30, 2025, any remaining balances in these assets held in your CoinList wallet will begin to be automatically converted to USDC on your behalf. Conversions will be processed in batches, so your balance may update at a different time than other assets or users.

    • 0G, AERO, APT, ASTER, AVNT, BNB, BONK, EFI, EFIL, ENJ, FLOW, HYPE, JUP, KMNO, MET, PYTH, S, TAO, XLM, XPL, XRP, ZRO.


  • Assets You Must Withdraw: Trading is no longer available for the assets listed below. You can only withdraw these assets:

    • TST, HMT, PLAY


What is changing at CoinList?

CoinList is going fully noncustodial and onchain. We are simplifying the product to focus on one core job: helping people access high quality token sales and receive tokens directly into wallets they control. 

Instead of holding assets in CoinList custody, you will use noncustodial wallets where you hold your own keys and control your funds. Later this year, we will introduce these noncustodial wallets in partnership with Privy. 

If you currently hold assets in CoinList custody, we will make migrating them simple and safe.

You will receive emails about product changes that affect you, and we will keep our Next Evolution of CoinList Help Center articles updated as new features roll out.

For more information, please see our blog post “The Next Evolution of CoinList.” 

What happens to my pending token unlocks and distributions?

We are reviewing the best path for future token unlocks and distributions as we move toward a non custodial model. Our primary focus is to ensure a smooth and secure process for users who are still awaiting tokens. Every user will receive the tokens they are entitled to.

We will provide clear instructions once the plan is finalized.

What does “fully noncustodial and onchain” mean?

Noncustodial means you control your wallet and your keys. Your assets sit in a wallet under your control, not in CoinList custody. CoinList does not have access to your funds.

Onchain means token sales, distributions, trading, and other activity will happen directly on public blockchains instead of inside a centralized custodial platform.

In short, you hold your own keys and stay in control of your assets at all times. For more context, see our blog post The Next Evolution of CoinList.

The End of Custodial Staking: What You Need to Know

As shared in our recent announcement, CoinList is moving to a fully non-custodial, on-chain model.  As part of this transition, there will be several important changes to Staking and onchain offers:

  • Staking and onchain offers will wind down by November 30, 2025. We’ll introduce non-custodial ways to participate in these opportunities next year.
  • Final rewards for assets currently enrolled in autostaking (AXL, SOL, CSPR, SUI) and onchain offers (LBTC, USDe, weETH, wstETH) will be paid out by November 30.

What is happening to my USD balance on CoinList?

As shared in our recent announcement, CoinList is moving to a fully non custodial, onchain model.  As part of this transition USD balances will no longer be supported

We will
automatically convert your remaining USD balance to USDC at no cost. Conversions will start on November 25, 2025 and finalize by December 1, 2025.


If you currently hold USD in CoinList custodial wallets:

  • You do not need to submit a request for this conversion.

  • You will receive a notification once your USD has been converted to USDC.

  • You will be able to transfer your USDC to your new self-custodial wallet on CoinList in the coming weeks, once it becomes available.

  • You can also withdraw your USDC off platform at any time, today or after the transition.


For broader context on how deposits, withdrawals, trading, and other products are changing, please see our Next Evolution of CoinList Help Center articles.


Which assets can I deposit to CoinList right now?

As shared in our recent announcement, CoinList is moving to a fully non custodial, onchain model. During this transition, deposits into CoinList wallets are currently unavailable. We will notify users once new onchain deposit options are available.


For more details on how deposits, withdrawals, trading, and other products are changing, please see our Next Evolution of CoinList Help Center articles.

What is happening to Karma?

Karma, in its current form, has been turned off. You can no longer claim new Karma or increase your Karma tier.


As we move CoinList fully onchain and non custodial, we are giving Karma a full rethink. The current program is paused while we design the next version.


We took snapshots of everyone’s Karma history and tiers.


This means:

Your past Karma activity and tier have been saved.

Your Karma Score is not lost, even though claiming is no longer available.


The snapshot preserves your history so it can be used in the future if needed.


We are rethinking Karma for the new onchain CoinList experience. The team is already working on what comes next, and we expect big updates next year.


We will share details about the future of Karma, and how the snapshots of your Karma history and tier may be used, in a future announcement and in our Help Center.


Reya Token Sale

What is the lockup for the Reya Token Sale?

50% unlock at TGE, 50% linear monthly vest for 6 months post TGE.

How will the token sale work?

In order to be eligible to participate in the Reya Token Sale, users must fund their CoinList Wallet with the minimum purchase amount ($100 in USDC or USDT) as well as pass KYC verification. 


Once the sale begins, users will be prompted to submit a purchase request, with a minimum purchase of $100.00. You can not submit a purchase request that is larger than the amount of USDC or USDT that you hold on CoinList. 


After the purchase period closes, December 2, 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 5 business days of December 2, 2025 at 17:00 UTC. 


Users who are not selected to receive an allocation will receive their funds back in their CoinList Wallet within 5 business days of December 2, at 17:00 UTC.


Where will tokens be distributed?

Tokens will be distributed to the external wallet linked within the sale flow. 

Can I participate in the sale without going through KYC?

No, participation in the sale requires completion of KYC/AML (Know Your Customer/Anti-Money Laundering) checks for all participants.

Am I required to link an external wallet?

Yes. Please note the wallet address linked in the wallet connect step will be the wallet set to receive distribution regardless of which wallet funds the purchase.

When can I expect to receive my funds back if I do not get an allocation?

After the purchase period closes, allocations will be selected based on the “Filling from the bottom” allocation method. Users who are not selected to receive an allocation will receive their funds back to their funding wallet within 5 business days.

What is the "Filling from the Bottom" Allocation Method?

To learn more about the "Filling from the Bottom" Allocation Method, see here.

What is Reya?

Onchain trading is fast, but execution is still slow. Liquidity is deep in some places, thin in others, and inconsistent everywhere. Reya fixes that with a unified liquidity engine that delivers tight spreads, deep books, and better execution across the entire trading stack.

When do I need to fund my purchase?

In order to participate in the Reya Token Sale, users will need to fund their CoinList Wallet with the minimum purchase amount ($100 USD worth of USDC or USDT). 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, November 25 at 17:00 UTC to December 2 at 17:00 UTC, to be eligible for an allocation.

Why can’t certain residents and citizens participate in the Reya Token Sale?

CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer REYA tokens for purchase during the Reya Token Sale to prospective participants in the US (and its territories), Canada, and the EU (except for up to 149 natural or legal persons per Member State under MiCAR exemptions), and any individual, country, or territory subject to US, EU, UN, or UK sanctions, and certain unsupported jurisdictions.


Rainbow Token Sale

Where will tokens be distributed?

Tokens will be distributed to the external wallet linked within the sale flow. 

What is the lockup for the Rainbow Token Sale?

Non-US purchasers: 100% of tokens unlock at TGE.

US purchasers: 100% of tokens unlock after a 1-year lockup period from TGE.

How will the token sale work?

In order to be eligible to participate in the Rainbow Token Sale, users must pass KYC verification and have an external non-custodial wallet address to fund their purchase request. 


Once the purchase period begins, users will be prompted to submit a purchase request, with a minimum purchase of $100.00. You will not be able to submit a purchase request that is larger than the amount of USDC or USDT that you hold in your external wallet.


After the purchase period closes, December 18, 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 5 business days of December 18, 2025 at 17:00 UTC. 


Users who are not selected to receive an allocation will receive their funds back in their funding wallet within 5 business days of December 18, at 17:00 UTC.

Can I participate in the sale without going through KYC?

No, participation in the sale requires completion of KYC/AML (Know Your Customer/Anti-Money Laundering) checks for all participants.

What is the "Filling from the Bottom" Allocation Method?

To learn more about the "Filling from the Bottom" Allocation Method, see here.

When do I need to fund my purchase?

In order to participate in the Rainbow Token Sale, users will need to fund their purchase request with the minimum purchase amount ($100 USD worth of USDC or USDT). There is no pre-funding deadline, but users will need to fund their purchase request within the 7-day timeframe, from December 11 at 17:00 UTC to December 18 at 17:00 UTC, to be eligible for an allocation.

When can I expect to receive my funds back if I do not get an allocation?

After the purchase period closes, allocations will be selected based on the “Filling from the bottom” allocation method. Users who are not selected to receive an allocation will receive their funds back to their funding wallet within 5 business days.

Am I required to link an external wallet?

Yes. Please note the wallet address linked in the wallet connect step will be the wallet set to receive distribution regardless of which wallet funds the purchase.

How do I fund my purchase?

Eligible purchasers can fund their purchase using Tether (USDT) or USD Coin (USDC) from a non-custodial, external cryptocurrency wallet. Payments made in USDT or USDC will equate to the value of one United States Dollar (“USD”) regardless of fluctuations in USDT or USDC.


You must also have a sufficient balance of ETH in your wallet to cover Ethereum network gas fees when submitting your transaction. If your wallet does not have enough ETH for gas, your transaction will fail even if you have enough USDT or USDC to fund the purchase.


The wallet address linked during the wallet connect step will be the default wallet for payment and the wallet that receives any token distribution, regardless of which wallet ultimately sends the funds. Additional non-custodial, external wallets can be used to fund a purchase, but tokens will always be distributed to the wallet connected during the sale flow.


Please allow a few minutes for transactions to be reflected in the purchase UI after submitting payment.


What is Rainbow?

Rainbow is a self-custodial crypto wallet that lets users securely store, send, receive, and manage digital assets directly from their own wallet, without relying on a centralized intermediary. It supports tokens, NFTs, swaps, and multiple Ethereum-based networks through a simple, user-friendly interface. With Rainbow, users always remain in full control of their private keys and onchain activity.

Why can’t certain residents and citizens participate in the Rainbow Token Sale?

CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer RNBW tokens for purchase during the Rainbow Token Sale to prospective participants in the US (and its territories), with the exception of U.S. accredited investors, Canada, and the EU (except for up to 149 natural or legal persons per Member State under MiCAR exemptions), and any individual, country, or territory subject to US, EU, UN, or UK sanctions, and certain unsupported jurisdictions.

Aztec

How does the Uniswap Continuous Clearing Auction work?

1. Submit a Bid

You submit a total ETH amount and a maximum price you’re willing to pay. All bids are denominated in ETH.


2. Your Bid Spreads Across All Remaining Tranches

Your total ETH is automatically split evenly across every tranche that has not yet cleared at the time you bid.


3. Each Tranche Has Its Own Supply

Tranches may have different token amounts, so the number of tokens available per tranche can vary.


4. Clearing Price Per Tranche

At the end of each tranche, the auction sets a clearing price based on total eligible demand.

  • If your max price ≥ the clearing price, you receive tokens in that tranche.
  • If your max price is below the clearing price, you receive none for that tranche.

5. Prices Can Only Go Up, Not Down

A tranche’s clearing price can stay the same or increase, but it cannot decrease below the previous clearing price or the auction’s floor price (if one exists).


6. Bids Cannot Be Withdrawn

Once placed, bids are not withdrawable.

  • If your capped bid is outbid, you may convert any unspent ETH from that bid into a market order.
  • EU participants should refer to Section 4 of the Auctions Term of Sale for refund rights and additional information.


For more information, see here.

When does the token become transferable?

After February 11th 2026 the community can pass a governance vote to make the following tokens transferable:


  • Tokens purchased in the Contributor and Public track of the auction.
  • Block rewards received by sequencers.
  • The Uniswap V4 pool for trading.

After a successful vote, these tokens will be 100% unlocked. If the vote does not pass, the community can keep proposing votes. If the vote(s) do not pass, the tokens purchased through the sale will unlock automatically and become transferable on November 13th 2026. No other tokens can be unlocked or transferable until November 13th, 2026.

What does the AZTEC Token do?

The AZTEC Token is a network token that powers the Aztec Network. The token will be used for the following functions:


Staking: Sequencers will stake tokens that serve both as sybil resistance and slashing collateral. Users can delegate tokens to a third-party operator.


Governance: Tokens enable participation in the governance of the Aztec Network.


Network fees: In the future, if enabled by governance, the tokens will serve as the means to pay for transaction fees on the network.

Who can participate?

Participants must be 18 years of age or older, complete applicable sanctions and wallet screening checks. U.S. citizens are eligible to participate. Access to the sale is also prohibited in and including comprehensively sanctioned jurisdictions, the UK, Malta, Myanmar, and additional jurisdictions

Is there a cap to the sale?

Users can either place a market order or set their own cap to ensure they never buy tokens above a certain price. As the sale is distributing a large percentage of the network (14.95%), the Continuous Clearing Auction (CCA) ensures that users will never pay more than any other user in a given period for tokens while enabling fair price discovery.

Can I withdraw my bids and receive a refund?

Once your bids are placed, you will not be able to withdraw them. If you place a capped order bid and are outbid, you will have the option to convert your unspent ETH from this bid to a market order. For EU participants, please refer to Section 4 of the Auction Terms of Sale, for refund rights and further information.

What are the minimum and maximum bids I can submit?

The maximum amount is approximately 240 ETH (or roughly $850,000 as of 12 November 2025), there is no minimum.

How can I verify on CoinList and participate on Aztec?

Verified CoinList users will mint a KYC NFT to their submitted wallet within the flow on CoinList. That NFT will allow them to bid in the Aztec sale starting on December 2, 2025 without needing to pass KYC again.

What asset can I use to participate in the sale?

Bids can only be placed in ETH on the Ethereum mainnet.

How will the governance work? Who can participate?

At Ignition, governance votes require the participation of 100,000,000 Tokens (~0.97% of the Total Supply). If 66,666,667 Tokens (~0.64%) vote yes, the vote will pass.


Only those who bought tokens through the Genesis sequencer sale, the Contributor sale track whitelist, and the public sale track are eligible to vote in governance.


The core team and investors can't participate in staking or governance for 12 months. Additionally, their tokens have a 36-month lockup schedule from the 13th of November 2025, consisting of 12 months locked, followed by 24 months linear unlock.

What if I'm not on the Contributor track whitelist?

To pre-qualify for bidding, mint your KYC NFT and come back on December 2nd to submit your bid. The public sale track sale will run from December 2nd, 2025, to December 6th, 2025. Aztec has calendar reminders you can set and an automated email you can sign up for to remind you when the public sale track goes live.

What are the benefits of being on the Contributor track whitelist?

Contributors get to pre-bid before everyone else and get exclusive access to ~25% of the tokens supplied to the sale.

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