[CONCLUDED] Stage 2: Token Pre-sale
1. Overview
The public token pre-sale will start on June 5th, 2024, at 4pm UTC.
The pre-sale will take place in rounds, with a target raise of ~$950,000.
Each round will be capped, to allow different groups to participate in the pre-sale. Details and timings of rounds will be announced as we get closer to the pre-sale date.
A total of 1,250,000,000 tokens will be available for the public pre-sale.
The pre-sale will end when all allocated tokens are sold or when the timer has expired.
Pre-salers will be vested to avoid an immediate crash in price and will be eligible to claim 10% of tokens at TGE, 1 month cliff and vested for 6 months.
The minimum amount purchased will be announced as we get closer to pre-sale date. There is a limit of 0.25% user wallet.
The pre-sale token along with airdrop allocation will then be claimed by users through a dedicated VaultFi portal.
Note on Previous Drafts Earlier drafts of this document described the pre-sale price as a 1.2x difference from the planned initial listing price. To avoid any misunderstanding, this language has been updated for clarity. The pre-sale price was $0.0008 per token, and the planned initial listing price was $0.001 per token. Actual market prices at launch and thereafter will be determined entirely by supply, demand, and other market forces, and may be higher or lower than the planned listing price.
2. Pre-sale Benefits and Referral Program
There is potential to get up to 5% bonus tokens through the referral program. By sharing and referring other members during the pre-sale, pre-sale buyers receive a bonus of up to 5% of bonus tokens.
3. Pre-sale Proceeds
Pre-sale proceeds will go to liquidity, paying for past and future development work as well as marketing, building & executing our roadmap. Remaining funds will be kept in the Treasury.
This means that from Day 1, VaultFi aims to have enough funds to:
Reward the community.
Engage in marketing activities to boost visibility.
Immediately start executing the roadmap.
Note: Earlier versions of this document mentioned an estimated allocation of approximately ~$500,000 to liquidity. Following a security incident involving an internal provider in May 2024, the actual liquidity allocation at TGE was adjusted to $200,000 in order to preserve treasury funds. A police report regarding the incident was filed in Singapore on June 13, 2024, and documentation remains on file.
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