How to participate in a Launchpad
Visit https://antcore.finance/launchpad (opens in a new tab) to find out more about IDOs.
Before Sale:
- Buy APT tokens either on a centralized exchange (CEX) and then transfer them to a non-custodial wallet (e.g., Petra), or buy them directly on a decentralized exchange (DEX).
During Sale:
- While the sale is live, commit your APT/ANTC tokens to buy the offering tokens at https://antcore.finance/launchpad (opens in a new tab)
After Sale:
- When the sale is complete, claim the tokens you've bought.
- Done! In the case of an overflow you can reclaim your remaining APT tokens.
What is the “Overflow” sale method?
TL;DR: Basically, the more you put in, the more you will get—and you’ll get back anything that doesn’t get spent.
In the “Overflow” method, users can subscribe as much or as little as they want to the IDO, and their final allocation will be based on the amount of funds they put in as a percentage of all funds contributed by other users at the time the sale ends. Users will receive back any leftover funds when they claim their tokens after the sale.
Note:
It's possible to receive no tokens at all: If you commit a very small amount of APT compared to the total amount contributed by others, your share may be so low that you do not qualify for any of the tokens sold. In such a case, you can still reclaim all the APT/ANTC tokens you committed.
What happens if the IDO doesn't raise all the funds targeted?
The sale will proceed as normal, and all funds contributed will be spent.