IFO (Initial Farm Offering)
Buy new tokens using CAKE.
The project gets the CAKE, PancakeSwap burns the participation fees CAKE. You get the tokens.
- 1.You will need CAKE to participate.
- 2.You will need iCAKE to participate in Public Sales.
- 3.You will need to meet certain requirements to participate in Private Sales.
- 1.When the sale is complete, claim the IFO tokens you've bought.
TLDR: Basically, the more you put in, the more you will get, and you’ll get back anything that doesn’t get spent.
In the “Overflow” method, users can subscribe as much or as little as they want to the IFO, and their final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will receive back any leftover funds when they claim their tokens after the sale.
The sale will proceed as normal, and all funds contributed will be spent.
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