STAGES
Stages
Each project goes through a series of stages in order to achieve the coins' distribution among the participants:
1.
Registration in whitelist, where users can apply for participation.
2.
Lottery - At this time, the winners are determined - the whitelist participants.
3.
Sales - participants need to redeem your allocation as soon as possible.
4.
Distribution - everyone who bought the allocation receives project tokens.
If at any level the participants have not redeemed all the available tokens, then the second stage of the sale is automatically added, when the remaining tokens are distributed evenly among the other levels. If there are tokens left after the second sale stage, then the remainder is returned to the project
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Redemption of tokens
The token swap system is presented in the form of a fixed liquidity pool.
This solution allows private investors to redeem a token at a profitable price, and the project can predictably collect the required amount of investment for a predictable number of tokens, as well as prevent a quick flush on exchanges during listing using systems of gradual funds' unlocking.
The system also assists in the wide distribution of token holders after redemption. Having a large number of token holders distributed geographically and demographically is a key advantage for a token project. Many centralized exchanges will view the number and location of token holders as key indicators of whether a project is worth listing.
To achieve these benefits, the users wishing to redeem tokens at a bargain price compete with each other using the following mechanics:
Separation users into tiers depending on the received Gravity.
Executing tasks of token projects.
Stages of token swap:
1.
If you were included in the whitelist, then when the specified start time of sales comes, you need to enter the tokens required by the pool into the exchange contract via the site interface.
2.
When the distribution date comes, the tokens will automatically appear in the wallet.
Depending on the described distribution plan in the project - tokens can be received in parts (gradual) before the final distribution date.
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