Explain TGE according to mechanism
#BondingCurve on
#binancewallet tomorrow in my understanding
Stages:
During the TGE, there will be 3 stages from 3 PM - 5 PM on July 16
- Stage 1: Fixed price purchase until tokens run out (Possible to happen in the first 1-2 minutes only)
- Stage 2: Latecomers can register to buy back if tokens purchased in stage 1 are sold. Pre-market trading style
- Stage 3: End of TGE, return unused BNB and tokens to users
- Stage 4: Token list alpha and users trade normally.
Note:
- Haven't seen the maximum BNB that can be registered
- Still need Binance alpha points to participate
- Buy orders in Stage 1 or 2 cannot be canceled