Post
Topic
Board Tokens (Altcoins)
Re: [ANN] REAPitt Pre Sale is live 🔥 LID Protocol liftoff 🔥
by
holydarkness
on 03/02/2021, 13:01:30 UTC

How are ETH and tokens distributed for Liftoff token sales?

Eth allocations, as % of raise:
59.91% liquidity
45.00% dev fund (for the project raising funds)
3.09% lid fee
2.00% insurance fee
———————
TOTAL: 110% raised

Token allocations, as % of total supply:
37.44% liquidity
62.56% depositors
———————
TOTAL: 100% of supply

I don't think I am quite understand, how does total raised eth calculation is 110%? Like, you require funding 1.1x of what you actually need?