🧀IDO Mechanism

Phase 1 - Master Keys

Situation: In this period of time, as Sui goes mainnet. Users only own Master Keys.

Token Sale Process consists of 3 stages as follow:

• Register

• Allocation Distribution

• Token Vesting

Step 1: Register

• Users stake Master Keys to be guaranteed for winning allocation in the token sales

• Users who doesn't own Master Keys are still eligible to register in token sales

Step 2: Allocation Distribution

Tocen system will sort people winning allocation as follows:

• Master Keys Holders are guaranteed for tokens allocation

• Pools are designed to be overflowed. If Master Key Holders doesn't fulfill the pool, the rest will be eligible to purchase for tokens based on FCFS mechanism

There will be different maximum and minimum purchases for each project. Users will receive a purchase spot corresponding to the winning ticket. Users then deposit funds equivalent to the ticket size to confirm their allocation.

Step 3: Token Vesting

• Ones who win allocation claim tokens after the sale ends.

• Ones who don't win allocation claim their initially-deposited tokens back.

Phase 2 - PowerStake

Situation: In this period of time, Sui goes mainnet. Users are able to own Master Keys and $TOCE.

Token Sale Process consists of 3 stages as follow

• Register by Staking

• Allocation Distribution

• Token Vesting

In this round, users stake Master keys/$TOCE to get PS points to register in tokens sales.

Both $TOCE and Keys could be staked at the same time to get PS points in maximum.

Step 1: Register by Staking

• Users stake Master Keys/$TOCE to have chances of winning token sales allocation.

• Users who doesn't own $TOCE are NOT eligible to register in token sales.

Step 2: Allocation Distribution

Tocen system will sort people winning allocation as follows:

• The system will filter top-ranked users based on PS points.

• Pools are designed to be overflowed. If allocation winners doesn't fulfill the pool after a period of time, the pool will be changed to FCFS mechanism in which everyone can join.

Depositing amount has maximum and minimum limit. Users will receive a purchase spot corresponding to the winning ticket. Users then deposit funds equivalent to the ticket size to confirm their allocation.

Step 3: Token Vesting

• Ones who win allocation claim tokens after the sale ends.

• Ones who don't win allocation claim their initially-deposited tokens back.