03 · The Fare
How the sale works.
Six steps, start to finish. No part of it rewards being fast, rich in gas, or a bot.
- The window opens for ten minutes
You send HYPE to the sale. You can send more than once. You can send until the window closes.
- The price is already fixed
It is set before the window opens and written into the sale so it cannot be changed. The same number of tokens per HYPE for everyone.
- If more money shows up than there is room for, everyone is scaled down equally
Three times too much money means everyone gets a third. There is no queue to be at the front of.
- A boarding pass is a floor, not a queue ticket
If you were selected, your pass amount is not scaled down while there is room for it. Above that amount you are scaled like everyone else.
- Settlement happens in one transaction
The pool is created, the liquidity is added, the LP is burned, every unsold token is burned, and claiming opens — all in the same block. Anyone can trigger it once the window closes, so the sale cannot be held hostage.
- You claim once, and get both things at once
Your tokens and whatever money was scaled off you come back in the same transaction.
The pool opens at the price you paid
The pool is seeded with exactly as many tokens as were sold, paired with exactly the money that was accepted. That is the whole trick: the first price on the chart is the sale price. No presale discount to dump into you, and nothing for the sale buyers to be underwater against.
If it does not fill
Below the minimum, the boat does not sail. The tokens held by the sale are burned and every deposit is refundable in full. There is no path in the sale that keeps your money.
The numbers
Total supply
1,000,000,000
Sold in the sale
35%
Into the pool
35%
Burned at launch
10%
Price per token
—
Target raise
—
Minimum
—
Cap per wallet
—
The four figures shown as — are priced in dollars the day before the sale and written into the contract at deployment. They will appear here, read from the chain, the moment the sale exists.
FARE