What is FLIBERO “Cascading Overflow” sale method?
In simple words, the sooner you commit, the more discount $FLIBERO price you can get.
Cascading: On the first day, $FLIBERO has the highest discount but the smallest amount to be sold. Then gradually on the next days $FLIBERO has lower discount but higher amount to be sold. A pool will be closed when $FLIBERO in the pool are sold out. Then a new pool will be opened but the price will be higher.
First come first serve pool: because of the limited amount on first days, if you commit before the pool is full you can have your own share in the pool. And you will get $FLIBERO equal to 100% of the amount you commit. When the pool is full no one can commit anymore.
Overflow pool: On the last day of Presale, the overflow method will be applied. Which means the last presale pool will still be open after the total committed fund overflow the limit of the pool. But it's not guaranteed that users will get 100% of the amount they commit. The user's final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will receive back any unspent funds when they claim their tokens after the sale.
In particular:
1st pool: $FLIBERO = 90% listing price (discount 10%) - Limit of the pool: $500,000 USD in wFTM. First come first serve applied.
2nd pool: $FLIBERO = 92% listing price (discount 8%) - Limit of the pool: $600,000 USD in wFTM. First come first serve applied.
3rd pool: $FLIBERO = 94% listing price (discount 6%) - Limit of the pool: $1,000,000 USD in wFTM. First come first serve applied.
4th pool: $FLIBERO = 98% lsting price (discount 2%) - Limit of the pool: $2,816,669.00 USD in wFTM. Overflow applied
Last modified 1yr ago