Aurory Project Upcoming Initial DEX Offering
Aurory is a gaming platform powered by Solana and Serum. The platform will be conducting its initial dex offering that is scheduled to happened on October 21, 2021. During this sale, 7% of the total supply (7,000,000 tokens) will be auctioned in an IDO re-using the IDO program developed by Mango Markets.
IDO DETAILS AS FOLLOWS:
- First phase: The sale period, you will have 48 hours to deposit/withdraw USDC into a smart contract vault. The price of the $AURY token will then adjust based on the amount of USDC deposited.
- Second phase: The second period is the grace period and will occur during the last 24 hours of the sale. If you consider the price of the token too high, you can withdraw your USDC safely. During this period you cannot deposit anymore and any withdrawals will decrease the price of the $AURY token.
- Last phase: The final period is the redeem period, where you will have a month to redeem the purchased tokens to your wallet.
The initial distribution offering (IDO) of a token is one of the most important points of any project as it involves having a part of the circulating supply distributed to the open market. Often projects will perform it via several mechanisms — eg. through launchpads, initial exchange offerings, or through open sales and lotteries.
ABOUT Aurory
Aurory is a JRPG computer game where people will evolve in a rich and diverse universe. In this world, you will discover Antik and Cryptos, two different areas and biomes. You will meet several NPCs and the mystical creatures that are living in this world, called Nefties. Throughout your journey, you will own Nefties and use them to fight in awesome battles.
RESOURCES
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