๐Ÿš€Initial Gol Offerings (IGOs)

Everything you need to know about IGOs

Getting Started with IGOs

An Initial Gol Offering (IGO) is a fundraising vehicle utilized to launch new tokens and bring liquidity to those tokens. In general, you need GOL or BNB to participate in an IGO. Essentially you are trading those for the token being launched.

In an IGO, the project gets the BNB, GolSwap burns the GOL.

How to participate in an IGO

To participate in an IGO and see which are coming up, visit gol.finance/IGO (for BNB sales) or gol.finance/GOL (for GOL sales)

To get prepared for the sale:

  1. Acquire GOL or BNB

What to do during the sale:

  1. While the sale is live, commit your BNB or GOL to buy the IGO tokens. You are purchasing the tokens with your tokens. This is not the same as "staking". You will not get all or any of your funds back.

What to do after the sale:

  1. Immediately after sale: You may claim your refund and 25% of your offering tokens

  2. 30 days after sale: You may claim another 25% of your offering tokens

  3. 60 days after sale: You may claim another 25% of your offering tokens

  4. 90 days after sale: You may claim the final 25% of your offering tokensโ€‹

What is the โ€œOverflowโ€ sale method?

TLDR: Basically, the more you put in, the more you will get, and youโ€™ll get back anything that doesnโ€™t get spent.

In the โ€œOverflowโ€ method, users can subscribe as much or as little as they want to the IGO, and their final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will receive back any leftover funds when they claim their tokens after the sale.

โ€‹What happens if the IGO doesn't raise all the funds targeted?

The sale will proceed as normal, and all funds contributed will be spent.

Want to launch your own IGO?

Launch your project with GolSwap, the AMM project and liquidity provider, to bring your token directly to the most active and rapidly growing community on BSC.

โ€‹Apply to launch

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