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IFO (Initial Farm Offering)
Buy new tokens with a brand new token sale model

Intro

Buy new tokens using ZEFI-BUSD LPv2 tokens.
The project gets the BUSD, ZCore Finance burns the ZEFI. You get the tokens.
    1.
    You will need ZEFI-BUSD LPv2 tokens to participate.
    2.
    ZEFI tokens equating to half of the total funds raised will be burned forever: If the full $1,000,000 USD allocation is raised, then $500,000 of ZEFI tokens will be burned.

How to participate in an IFO

Visit https://zefi.zcore.network/ifo to find out more about IFOs.
Before Sale:
    1.
    Buy ZEFI and BUSD tokens
    2.
    Get ZEFI-BUSD LPv2 tokens by adding ZEFI and BUSD liquidity
During Sale:
    1.
    While the sale is live, commit your ZEFI-BUSD LPv2 tokens to buy the IFO tokens at https://zefi.zcore.network/ifo
After Sale:
    1.
    When the sale is complete, claim the IFO tokens you've bought. Your unspent funds will also be sent back to you.
    2.
    Done! In the case of an overflow you can unstake your remaining ZEFI-BUSD LPv2 tokens.
If you decide to acquire ZEFI-BUSD LPv2 tokens before the IFO starts, you can stake them in the ZEFI-BUSD Farm to earn ZEFI token rewards while waiting for the sale.
While you are holding ZEFI-BUSD LPv2 tokens you will be at risk of Impermanent Loss.

What is the “Overflow” sale method?

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.
It's possible to receive no tokens at all: If you commit a very small amount of LP tokens compared to the total amount committed by others, your contribution may be such a small part of the total that you may not qualify for even a small portion of the tokens sold. In such a case, you will still be able to reclaim all the ZEFI-BUSD LPv2 tokens you committed.

What happens if the IFO doesn't raise all the funds targeted?

The sale will proceed as normal, and all funds contributed will be spent.

Want to launch your own IFO?

Launch your project with ZCore Finance, Binance Smart Chain’s most-used AMM project and liquidity provider, to bring your token directly to the most active and rapidly growing community on BSC.
Last modified 5mo ago