BuidlPad updates Solayer pre-sale mechanism and cancels the hard limit on the total subscription amount

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On January 15, the community sales platform BuidlPad published a post regarding the pre-sale of Solayer, stating that they will reopen the KYC service from now until 11:59 PM (UTC) on January 15, 2025. They will also implement a strict anti-sybil policy to ensure the fairness and integrity of the token sale.

The updated subscription mechanism is as follows:

· Allocation method: The number of LAYER tokens that each participant can purchase will be determined based on their subscription amount and the proportion of the total eligible participant subscription pool.

· Cancellation of the cap: The previously set hard cap on the total subscription amount will be removed. If the total subscription amount exceeds $10.5 million, the final allocation amount for all participants will be proportionally reduced, and the remaining funds will be refunded.

· Confirmation: Participants can check their final allocation amount on the page before 10:00 AM (UTC) on January 20, 2025. Excess subscription funds will be refunded to eligible participants.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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