IFO Q&A

What is the “Overflow” sale method?

If the BURGER-USDT BLP tokens raised exceed the IFO project target, all excess BURGER-USDT BLP tokens will be returned to users and will be returned when the specific user claim and receives their IFO new tokens when the sale period is complete.

The Math:

Example - 5x amount of project target committed

Total token target of IFO project

1,000,000

USDT per token

$1

Amount to be raised

$1,000,000

Actual funds received

$5,000,000

Your BURGER-USDT BLP value

$5,000

Your portion of total funds received

0.1%

Your IFO new tokens amount

1000

Cost of your BLP

$1000

BLP returns to you

$4000

What happens if the IFO doesn't raise the full project target amount?

The sale will proceed as normal, and all funds contributed will be spent.

The Math:

Example - 0.5x amount of project target committed

Total token target of IFO project

1,000,000

USDT per token

$1

Amount to be raised

$1,000,000

Actual funds received

$500,000

Your BURGER-USDT BLP value

$5,000

Your portion of total funds received

1%

Your IFO new tokens amount

5000

Cost of your BLP

$5000

How is my final allocation calculated?

Once the subscription period is over, each user’s token allocation will be roughly calculated as follows: (Individual committed BURGER-USDT BLP tokens / Total committed BURGER-USDT BLP tokens by all participants) * Total IFO tokens to be sold. *Except any overflow not considered as illustrated above.

Is there a limit to how much I can commit?

You can commit any amount of BURGER-USDT BLP tokens as many or as little as you want to the IFO.

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