When the system changes the LaunchPad status to "On Going" and updates the status on the user interface, the LaunchPad will officially enter the Subscription phase.
Just before the Launchpad officially begins operation, the system will take a snapshot of data including Trading Volume, Asset Balance, Staking Tokens, and some user activity information on the platform.
During the Subscription Period, users will commit tokens to complete the subscription for the Launchpad project according to the minimum commit amount required by the Launchpad.
After successfully committing, users will receive a Lottery Ticket to participate in the Lottery Draw for a chance to buy tokens. The probability of winning for each lottery ticket is calculated using the formula:
Probability rate per ticket = (Total number of winning tickets / Total number of tickets issued) × 100%
Total number of winning tickets: Maximum number of winning tickets
Total number of tickets issued: Total number of tickets participating in the lottery draw
If you have further inquiries, please don't hesitate to contact our Support Team via "Contact Us" function.