Participation Guide: Fixed Price Mode
Last updated
Last updated
Registration & Lottery Entry: Participants use their Gacha to exchange for entries in the lottery for allocation in the Gacha round. The Gacha requirement per entry will be published on the token launch page. Requirements may vary from launch to launch.
Entry Limits: There's no limit to the number of lottery entries a user can submit, provided they have sufficient Gacha. However, a single wallet can only win a maximum of 10 allocation tickets in each launch. In other words, you may submit >10 lottery entries but can only win a maximum of 10 tickets.
Non-cancellable: Gacha entries are final and non-reversible, regardless of the lottery results.
Community Round Allocations: During this period, users can check their Community Round allocations, if any, by connecting their wallets.
Lottery Results: After the 36-hour registration period, the lottery algorithm will determine allocation ticket winners. Lottery results will be made available immediately.
Next Steps and Preparations: If you have won 1 or more allocation tickets, prepare your funds for the Contribution phase.
If you have Community Round allocation, but did not win allocation tickets, you may still participate in the Community Round. You may also join the launch in the Overflow round, regardless if you won allocation tickets.
Eligibility: Only whitelisted wallets and users who won allocation tickets in the lottery will be able to participate in the Community Round.
Contribution Cap: Contribute up to your allocated cap. Any unfilled allocation will be moved to the Community FCFS round.
Eligibility: Open to all registered users, regardless of whether they won allocation tickets.
Allocation Cap: The allocation cap for the Community FCFS phase is five times the allocation for one allocation ticket in the Community GTD phase. For example, if the allocation cap for one allocation ticket is 100 BERA, the allocation cap for the Community FCFS phase for each wallet is 500 BERA.
First Come First Serve: This round is on a first-come-first-serve basis until the token supply is fully sold out or when the 2-hour window closes.
Eligibility: This Round is ungated. All users are open to participate and contribute in the Public Round.
Allocation Cap: A contribution cap per unique wallet may be imposed by the project.
Timelock: After the token sale concludes, tokens will be time-locked for 2 hours. In this period of time, the liquidity pool for the token will be seeded.
Token Claim: After the 2-hour timelock, users can claim all their tokens, including those from airdrop and the different sale phases. Users will be able to trade or provide liquidity for the token on Kodiak.