How to participate

Before IDO

• Swap SFN tokens here or buy them at CEX and withdraw to your wallet.

• Ensure you have enough ETH to pay gas on Starknet Chain.

Participate in IDO

There are 3 phase in Subscription Timeline:

• Phase 1: IDO pool will be opened on 3 days (72 hours) and you can commit SFN tokens on it, you can also stake your Starksport NFT to boost your allocation.

• Phase 2: The system will calculate your allocation, the total number of participants committing funds in the pool and show how many IDO tokens you can buy depends on your committing amount. Then the corresponding SFN amount will be deducted from your deposited fund.

• Phase 3: You can enter launchpad platform and claim your IDO tokens also your remaining SFN fund.

Notes

• When you commit your SFN tokens, they will be locked on 72 hours, you can only unlock when time ends, so the earlier you participate in IDO, the eariler you can unlock your SFN tokens.

• If you have Starksport NFT, you can stake it for boosting your allocation by 10% on IDO pool (you can only stake 1 Starksport NFT for each IDO pool, only when total commit is over 100%).

• IDO tokens will be bought by SFN tokens, so the ratio will be calculated at the snapshot time and announced on social platforms).

• All tokens available for sale will be evenly distributed to users based on their commiting ratio.

Example: Project X raises fund 50,000$, total token sale is 1,000,000, SFN token price at snapshot is 0.1$, token X price is 0.05$ so the ratio is 1 token X = 0.5 SFN

• Project X’s raising fund has not reached the Hardcap, token X will be distributed using the formula:

User’s committing amount / token X price

• Project X’s raising fund exceeds the Hardcap, token X will be distributed using the formula:

User’s committing amount x Total token sale / Total committed SFN

Project raising fund	50,000$
Total token sale	1,000,000
Current SFN price	0.1$
IDO token price	0.05$ = 0.5 SFN

Total SFN token user X commits	10,000 SFN
Total committed SFN tokens	2,000,000 SFN
User X stake his Starksport NFT	No
IDO tokens user X receive	5,000 IDO tokens
Remaining SFN user X after deducting	7,500 SFN

Total SFN token user Y commits	30,000 SFN
Total committed SFN tokens	2,000,000 SFN
User Y stake her Starksport NFT	Yes
Total SFN token user Y commits after staking	33,000 SFN
Total committed SFN tokens after staking	2,003,000 SFN
IDO tokens user Y receive	16,475.28 IDO tokens
Remaining SFN user Y after deducting	21,762.36 SFN