Launchpad Details
Sale Details:
HKN sale will take place at MM Finance and will last for 24 hours, and you will need SVN to participate.
Sales Page: https://mm.finance/launchpad
Start: 7th May, 7:00am UTC
End: 8th May, 7:00am UTC
Token Price: 1 SVN
Number of Tokens For Sale: 7,000,000
Duration: 24 hours
Method : Overflow
In the “Overflow” method, users can subscribe as much or as little as they want to the launchpad, and their final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends.
The excess funds committed will be refunded back to the users after the sale. They will be able to claim both their new tokens and unused tokens after the sale has ended. Details of launchpad: https://medium.com/@MMFinance/13th-launchpad-hakuna-matata-91e44f611cd4
Launchpad Proceeds Allocation:
15% of SVN raised will be used to form initial liquidity for $HKN/$SVN LP and used as backing for $HKN in DAO when liquidity becomes sufficient.
35% of the SVN will be burnt.
50% of the SVN raised will be locked in DAO as backing.
Last updated
