DAOX Subscription Allocation
Last updated
Last updated
Users can committe a certain amount of $SUI to the $DAOX token subscription. The final allocation of $DAOX tokens will be determined based on the ratio of the $SUI they committed to the total $SUI committed by all participants.
Allocation calculations are performed in 4 steps:
Each user’s initial $DAOX allocation is based on the proportion of $SUI they committed relative to the total $SUI committed by all participants:
There will be a hard cap per user, if a user has an allocation that exceeds this limit then the excess tokens will be redistributed to others.
After redistribution, the amount of $SUI will be deducted in proportion to the amount of $DAOX received based on the token price.
The remaining $SUI amount (if any) will be refunded to the user.
The more $SUI a user pledges, the more $DAOX they have a chance to receive.
However, if the total $SUI committed is high, the allocation rate decreases, resulting in each $SUI yielding less $DAOX.
Users who pledge too much $SUI may be subject to a Hard Cap Per User limit, and their excess will be redistributed to those who pledge less.