Token
Launch auction
How BERRIER is planned to reach the market.
The auction in five lines
- A fixed amount of BERRIER is offered.
- Bids are in USDG.
- One clearing price for everyone.
- Proceeds seed liquidity and reserves.
- Unfilled bids are refunded.
Parameters
What a bid looks like
An amount of USDG and an optional maximum price. A bid above the clearing price fills fully at the clearing price.
What the liquidity is
Part of the proceeds pairs with BERRIER in a pool on Robinhood Chain; the rest starts the Treasury reserve.
If the minimum is not met
Every bid is refundable in full.