KeyChain Foundation (hereinafter referred to as 'the Foundation') hereby announces that the A-round private placement was successfully oversubscribed on July 13, 2025, at 02:25:26. We will settle and return your excess USDT according to the oversubscription ratio, and the upper-level commission will also be processed simultaneously, with the expected settlement time being around 3 hours. The private placement quota is 2.5 million KEY, raising a hard cap of 550,000 USDT, with a total of 3,177 user participations, resulting in an average private placement holding of 786.906 KEY. The total participation over three rounds reached 8,305 people, with an average holding of 903.07 KEY. The three rounds of private placement collectively received: 1,061,912.5 USDT.
We have prepared gifts for the users who supported the first three rounds of KEY private placement. The 2.5 million KEY originally intended for the B-round private placement will all be used for the community. We will divide it into four parts: the first part is 400,000 KEY, which will be airdropped according to the proportion of users holding KEY. The airdrop will only count the KEY in the KEY wallet (external wallets will be excluded), and the airdrop is expected to occur approximately 72 hours after trading on the decentralized exchange is enabled (around July 28, 2025). The specific time will be subject to the announcement. The second part is 1 million KEY, which we will use to add to the decentralized exchange liquidity pool and relinquish permissions. The third part is 600,000 KEY, which will be airdropped proportionally to staking users when the KEY staking ecosystem is launched. The fourth part is 500,000 KEY, which will be used for cooperation with third-party exchanges for listing.
KeyChain Foundation July 13, 2025