🔄BNB redemption
Last updated
Last updated
If the Fair Curve token sale does not collect 31 BNB by the end date, the token sale is marked as Expired. At that point, participants can redeem the BNB they contributed minus applicable fees. If there are fewer BNBs in the curve than what participants contributed, all available BNBs in the curve will be distributed proportionally to the holders’ contributions. This situation may occur if one or more token holders swap tokens during the active phase of the sale at a more favorable rate.
Transferred Tokens: Tokens that have been transferred to another participant are not eligible for redemption.
Tokens Sold Back: Tokens that were sold back to the sale during its active phase are also ineligible for redemption.
In a Fair Curve, more than 40% of buyer's tokens are used for contribution fees, making it harder to sell tokens at a profit before the sale ends, preventing rug pull and pump&dump schemes. Unlike a classic bonding curve, where tokens can be sold at a profit soon after the next buyer, with the Fair Curve, participants must wait until the price rises enough for the remaining tokens to be worth more than the total amount they paid. This greatly reduces the chance of speculation but doesn't completely eliminate the possibility of selling tokens at a profit before the sale concludes.