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Participate in a Presale

Overview​

This guide provides a step-by-step walkthrough on how to participate in a Fair Launch presale on the ElectroSwap Launchpad.

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Note: In a fair launch presale, all contributors will end up paying the the same price per token after the fair launch ends. It doesn't matter if you buy first or late. Token price = total raised funds / total tokens for fair launch.

Step 1: Head to Launchpad Central​

  1. To see the list of existing presales, click on the "Launchpad" link in the navigation bar, or click here
  2. Look for a presale with a status of "Sale Live"
  3. Click on the "View" button

Launchpad Central

Step 2: Presale Details​

  1. Review the presale team's social media links (if any)
  2. Review the Token section for total supply
  3. Within the Presale Info section, pay close attention to "Minimum to Launch" and "Auto-listing on Launch"
  4. Review the right panel for status, countdown timer, current rate and actions

Launchpad Central

Step 3: Tokenomics & Contributions​

  1. Within the Liquidity Info section, pay close attention to "Liquidity % of Presale". A presale creator decides how much of the total token supply to allocate to be sold in the presale, while the remaining portion is added to the liquidity pool along with the ETN contributions
    • The minimum value is 50%, which will result in an initial rate upon launch higher than the presale rate
    • The maximum value is 100%, which will result in an initial rate upon launch slightly lower than the presale rate
  2. All tokens launched as presales will have their liquidity locked forever
  3. Review the interactive pie chart which shows the allocaiton breakdown of the total token supply
  4. Below the tokenomics pie chart is a table containing all contributions made to the presale

Launchpad Central

Step 4: Affiliate Program (if applicable)​

  1. Presale creators can opt-in to offer contributors an opportunity to earn passive income by sharing the presale via personalized links. If a presale offers an affiliate reward, you can find the details in the Affiliate Program section.
  2. If you you would like to participate, you must share the presale details page by using the links in the Affiliate Program section. Sharing the URL from your address bar will not result in referral credits
  3. Referral credit will be issued for 24 hours after a referee clicks on your link. Within that 24 hours, any presale contributed to by those you refer (that have an affiliate program) will earn you credit.
  4. More details about how the affiliate program works can be found here

Launchpad Central

Step 5: Make a Contribution​

  1. Once you've done your due diligence, and you decide that you'd like to participate in a presale find the "Participate in presale" section in the action panel.
  2. Enter a positive ETN value that you'd like to contribute. Make sure that your contribution amount is less than the "Max buy" value defined above the contribution input field.
  3. Click "Contribute" which will prompt you to sign the transaction in your wallet
  4. Congratulations!

Launchpad Central

Step 6: Next Steps​

  1. Wait until the presale has ended.
  2. If the presale fails to raise sufficient contributions by the time it ends, it will result in a failure to launch scenario. In this case all contributors will receive a full refund.
  3. Assuming the presale raises sufficient liquidity, once the presale ends, the presale creator (or ElectroSwap team) can finalize the presale which will result in a token distribution and a liquidity pool being created.