Polygen Fixed Raise FAQ
Frequently asked questions about Polygen Fixed Raise.
During a FLO the price of the raiseToken starts at a high price and decays over time. In Polygen’s Fixed Price– the price of raiseToken remains the same.
- KYC Whitelist PGEN holder (optional to gate the raise only for PGEN holders with certain amount - this is separate from tiers)
- raiseToken (rTKN) variables (name, symbol, total supply, price)
- Raise Target (determines the success or failure of the raise)
- Individual Max Purchase Amount (max purchase amount per wallet)
It is optional for projects to choose and gate their raises with a whitelist, If not selected, anyone can take part and there is no minimum buy-in. If selected then only those wallet addresses that are whitelisted can take part.
Really, anyone can take part? If the sale is public, then anyone can take part in Polygen’s Fixed Price.
It is the ‘individual purchase limit’ we set for users, the maximum amount of tokens they can buy during a raise. This protects against whales swooping in and buying up the lot.
raiseToken is an event-based token we use for raises. Instead of buying and selling project tokens, users instead buy and sell raiseToken and then can redeem them for the actual tokens.
Each raise token is equal to one project token: 1:1
Only if KYC is required for the raise you would need to complete your KYC.
You can buy USDC (Polygon) directly from exchanges and DEXes and payment gateways including; Binance, OKX & Moonpay.
Make sure to set up Polygon Network in your MetaMask first!
Set up Polygon in your MetaMask
Yes, make sure to have enough MATIC to cover transaction fees as every transaction is on chain.
Last modified 1yr ago