πLaunchpad Details
Sale Details:
SVN sale will take place at MM Finance and will last for 24hours, and you will need MMF to participate.
Sales Page: https://mm.finance/launchpad
Start: 11th Feb , 4:00am UTC
End: 12th Feb, 4:00am UTC
Token Price: 1 MMF per 1 SVN
For Sale: 1,500,000 SVN
Duration: 24 hours
Method : Overflow
In the βOverflowβ 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.
Launchpad Proceeds Allocation:
40% of the MMF token raised will be burnt
40% used to form MMF-SVN LP (Locked in DAO Treasury)
20% stored as Reserves
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