How to participate in an IFO?
Before committing, all users must make sure that:
· Your wallet is on the BSC network and is connected to BurgerSwap.
· There is sufficient BNB in your wallet for a gas fee.
Visit https://burgerswap.org/ifo to find out more about IFOs.
Before Sale: Get BURGER-USDT BLP tokens
Buy BURGER and USDT tokens.
Get BURGER-USDT BLP tokens by adding BURGER and USDT liquidity on [Trade]-[Liquidity]- [V2]. For specific operations, please refer to [ Provide Liquidity to an existing pool].
During Sale: Commit your BURGER-USDT BLP tokens
While the sale is live, commit your BURGER-USDT BLP tokens to buy the IFO tokens at https://burgerswap.org/ifo
Click [Approve BURGER-USDT BLP] to approve the BURGER-USDT BLP transaction in your wallet, enter the amount you want to commit, and confirm the transaction.
3. For more information, click [Details] to view more information about this session IFO.
4. Please note that once committed, your BURGER-USDT BLP tokens will be locked and you will not be able to redeem or access any other functions until final token distribution.
After-subscription period: Claim the IFO new tokens
When the subscription period is complete, claim the IFO tokens you've purchased. Any unused overflow funds will also be returned to the user when you claim your new IFO tokens after the subscription period.
The initial rough calculation of each participant’s final token allocation is:
(Individual committed BURGER-USDT BLP tokens / Total committed BURGER-USDT BLP tokens by all participants) * Total tokens to be sold on IFO.
For example, if a total of 1,000,000 tokens are being offered in a new IFO session and a user commits 5,000 BURGER-USDT BLP tokens and other users commit a total of 95,000 BURGER-USDT BLP tokens during the subscription period, achieving 100% of the target amount.
This user would receive (5,000 / 100,000)* 1,000,000= 50,000 IFO tokens.
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