Sale Mechanism
1
Commitment Window
Users commit USDC during a 4-day commitment window
2
Discretionary Cap
Founders set a discretionary cap on total raise accepted
3
Pro-Rata Allocation
If oversubscribed, allocations and refunds are distributed pro-rata
4
Token Distribution
10M tokens are distributed proportionally among all participants at launch
5
Liquidity Provision
Post-sale, the treasury provides 20% of raised USDC and 2.9M tokens to liquidity pools
6
Mint Authority Transfer
Mint authority transfers to the market-governed treasury
Priority Access
Existing protocol users with XP receive allocations and priority access.Key Features
No Private Rounds
No private rounds occur at TGE. The sale is the primary distribution event.
Fair Distribution
Pro-rata allocation ensures fair distribution if oversubscribed
Immediate Liquidity
20% of raised USDC paired with 2.9M tokens for instant DEX liquidity
Community First
Existing users with XP get priority access to participate