(1) IEO Lottery
Formula: Token allocation amount = MIN(Final Committed Amount / Sale Price, Hard cap per user)
After calculating the actual Token Allocation received, the system will compute the actual deduction amount and any surplus funds after the deduction for token purchase will be refunded to the Spot wallet during the Result Announcement phase:
Actual Deduction = Token allocation amount * Sale Price
Example 1: Token allocation amount ≤ Hard cap per user
Assuming Token A with 100,000 tokens issued, and each participant is required to commit 100 USDT with a Sale Price of 0.2 and a Hard cap per user of 1000, the allocation for winning tickets is:
Token allocation amount = MIN(100 / 0.2, Hard cap per user) = 500 TOKENS
→ Actual Deduction = 500 * 0.2 = 100 USDT
Therefore, Refund Amount = 100 - 100 = 0 USDT
Example 2: Token allocation amount > Hard cap per user
Assuming Token A with 100,000 tokens issued, and each participant is required to commit 100 USDT with a Sale Price of 0.3 and a Hard cap per user of 200, the allocation for winning tickets is:
Token allocation amount = MIN(100 / 0.3, Hard cap per user) = MIN (333.33, 200) = 200 TOKENS
→ Actual Deduction = 200 * 0.3 = 60 USDT
Therefore, Refund Amount = 100 - 60 = 40 USDT
(2) IEO Subscription
Formula: Token Allocation Amount = (Committed amount / Total committed by all participants) × Total Allocation
Committed Amount: The number of tokens committed at the time of subscription
Total committed by all participants: The total number of tokens committed by all participants
Total Allocation: Total number of tokens issued for the project
*Notes: For Launchpad Subscriptions with a Hard Cap per User: If a user's allocation ratio and the calculated Token Allocation Amount exceed the Hard Cap per User limit, the actual received amount will be adjusted to match the Hard Cap per User limit.
Next, the system will need to recalculate the token allocation after applying the hard cap. Tokens exceeding the limit will be redistributed to participants with lower commitment ratios.
For example:
Assume the Launchpad Subscription system is distributing 100,000,000 ABC tokens with a total of 110,000 CASTLE committed. The initial price set for ABC/CASTLE is 0.0004. User 1 has committed 50,000, and the total tokens committed by User 1 and some other users is 110,000. Therefore, the token allocation amount can be calculated using the following formula is: (50,000/110,000)*100,000,000=45,454,545. However, if applying hard cap per user, User 1 will only receive a maximum of 20,000,000 ABC, and the remaining tokens will continue to be allocated to the other users based on their commit ratio.
(3) Airdrop
In the case of Airdrop projects, the Token Allocation will be distributed to the winning participants in the list who have completed the subscription and Committed Token requirements after the Lottery Draw is completed. In this scenario, the Token Allocation Amount will be equal to the Hard Cap per User.
Formula: Token Allocation Amount = Hard cap per user
If you have further inquiries, please don't hesitate to contact our Support Team via "Contact Us" function.