đPublic Sale
Custom-built Pubilc Sale infrastructure for Blast native curated projects.
Last updated
Custom-built Pubilc Sale infrastructure for Blast native curated projects.
Last updated
The public sale will begin on May 16th 2024 and run for 3 days until May 19th, and $PLANE trading will be going live 24 hours after the sale.
The public sale will be happening in ETH values. We are keeping the snapshot price of ETH as $2800 during the start of the sale.
The auction mechanism will start with a fully diluted valuation (FDV) of 3571 ETH(approx $10m) as per above snapshot ETH Price, fixing 0.000357 ETH(approx $1) floor price for $PLANE, and increased after the first 535 ETH is raised.
The public sale will offer 15% of the $PLANE supply (1,500,000 out of 10,000,000 tokens in total), with 10% in $PLANE and 5% in $xPLANE.
All purchases will be settled at the same price based on the total amount deposited.
There is no hard cap on the public sale and no limit on how much ETH could be allocated per wallet.
On the first day of the sale, there will be tiered bonuses to incentivize participation at the earliest phase itself. Bonus tiers for the first day of the sale are as follows:
Users can share a referral link and claim 3% of all referred investments made through it after the launch - Refferal commissions were funded from allocated supply to Core Contributors.
75% of total fund raised from the Public Sale will be going back to the Protocol itself. 50% from the sale will be used to provide LP for Planar Token and 25% will be used to feed the Dividends Plugin and given back to the xPLANE stakers. 5% will goes to further marketing purposes and remaining 20% will goes to the Planar Team.
