GolFinance
English
English
  • 👋Welcome to GolFinance
  • ABOUT GOLFINANCE
    • ⚽Introducing GolFinance
    • 🏁Get Started
      • Create a Wallet
      • Get BEP20 Tokens
      • Connect Your Wallet to GolFinance
    • ✉️Contact Us
      • Community & Social Media
      • Customer Support
      • Business Partnerships
    • 🔒Security & Risks
      • Security Recommendations
      • Security Measures
      • Audits
      • Disclosures
    • ❓Help
      • General FAQ
      • Troubleshooting
    • 🗺️Roadmap
  • GOLFINANCE PROTOCOL
    • 🏆Gol Genesis NFTs
      • BSC Genesis NFTs
    • ⚽GolToken - $GOL
      • Tokenomics
      • Distribution
      • Emission Schedule
    • 🔄GolSwap
      • Token Swaps
      • How to Trade
      • Liquidity Pools
      • How to Add/Remove Liquidity
    • 🚜GolFarm
      • Yield Farming
      • How to Use Farms
      • Gol Staking Pools
    • 💰GolVaults
      • Introduction
      • Fees
      • Strategies
        • Single Asset Strategies
        • Liquidity Mining Strategies
      • APY vs APR
      • APYs Details
      • Vaults Details
      • Vaults Simulations
    • 🎮GolPlay
      • 🎲The NFT Game
      • 🔥GolPower (GP)
      • 🏃NFPs (Non-Fungible Players)
      • 🐣NFP Box
      • 📈Training Camps
      • 💥Fusions
      • 💸Marketplace
      • 🕹️Matches (PVE)
      • 🏅Tournaments (PVP)
      • ✨NFP Staking
    • 🗒️GolDAO
      • Voting
      • Making a Proposal
    • 🚀Initial Gol Offerings (IGOs)
    • 🎫GolPool
      • Lossless Lottery
    • 🔮GolBet
      • Decentralized Predictions Market
  • DEVELOPERS
    • 💻Contribute
    • 🐞Bug Bounty
    • 📄Smart Contracts
  • COMMUNITY & ECOSYSTEM
    • 😊Ambassador Program
    • 🤝Partnership Program
    • 🙋Join to the team!
    • ❤️Donations
  • ADDITIONAL RESOURCES
    • Website
    • Medium
    • Reddit
    • Discord
    • Twitter
    • Instagram
    • YouTube
    • Telegram
      • Announcements Channel
      • Telegram Global
      • Telegram Español
      • Telegram Portuguese
Powered by GitBook
On this page
  • Getting Started with IGOs
  • How to participate in an IGO
  • What is the “Overflow” sale method?
  • ​What happens if the IGO doesn't raise all the funds targeted?
  • Want to launch your own IGO?

Was this helpful?

  1. GOLFINANCE PROTOCOL

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 tokens​

What is the “Overflow” sale method?

TLDR: Basically, the more you put in, the more you will get, and you’ll get back anything that doesn’t get spent.

In the “Overflow” 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.

​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.

​Apply to launch

PreviousMaking a ProposalNextGolPool

Last updated 3 years ago

Was this helpful?

🚀