Buidlpad restarts KYC and updates Solayer community sales subscription mechanism

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Foresight News reported that Buidlpad posted a message stating that the KYC service will reopen until January 16, 2025, at 07:59. To ensure fairness, a strict anti-bot policy will be implemented to exclude bot and studio accounts from participating.

Buidlpad has updated the subscription mechanism for the Solayer community sale, with changes including the allocation method: the number of LAYER tokens each participant can purchase will be determined by the ratio of their subscription amount to the total subscription pool of all eligible participants; the removal of the total hard cap: the previously set subscription total hard cap will be removed. If the total subscription amount exceeds $10.5 million, the final allocation for all participants will be proportionally reduced, and the remaining funds will be refunded; individual subscription limits: the minimum subscription is 50 USDC or the equivalent in USDT, SOL, WIF, BONK, sUSD, sSOL; the maximum subscription is 2000 USDC or the equivalent in other tokens. Based on the snapshot taken on January 10, 2025, the maximum subscription limit for Solayer users is $3,000. Buidlpad reserves the right to decide on KYC and eligibility at any stage, and all ineligible funds will be refunded subsequently.

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