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IFO (Initial Farm Offering)

Intro

Buy new tokens using BEANSTALK-BNB LP tokens.
The project gets the BNB, BeanSwap burns the BEANSTALK. You get the tokens.
  1. 1.
    You will need BEANSTALK-BNB LP tokens to participate.
  2. 2.
    BEANSTALK tokens equating to half of the total funds raised will be burned forever: For example the full $1,000,000 USD allocation is raised, then $500,000 of BEANSTALK tokens will be burned.
  3. 3.
    All IFO involves risk. We did our due diligence but we cannot be 100% sure the team behind isn't malicious. Please do your own research and do not invest anything more than you are willing to lose

How to participate in an IFO

Before Sale:
  1. 1.
    Buy BEANSTALK and BNB tokens
  2. 2.
    Get BEANSTALK-BNB LP tokens by adding BEANSTALK and BNB liquidity
During Sale:
  1. 1.
    While the sale is live, commit your BEANSTALK-BNB LP tokens to buy the IFO tokens at https://beanswap.biz/ifo
After Sale:
  1. 1.
    When the sale is complete, claim the IFO tokens you've bought. Your unspent funds will also be sent back to you.
  2. 2.
    Done! In the case of an overflow you can unstake your remaining BEANSTALK-BNB LP tokens.
If you decide to acquire BEANSTALK-BNB LP tokens before the IFO starts, you can stake them in the BEANSTALK-BNB Farm to earn BEANSTALK token rewards while waiting for the sale.
While you are holding BEANSTALK-BNB LP tokens you will be at risk of Impermanent Loss.

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 IFO, 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.
It's possible to receive no tokens at all: If you commit a very small amount of LP tokens compared to the total amount committed by others, your contribution may be such a small part of the total that you may not qualify for even a small portion of the tokens sold. In such a case, you will still be able to reclaim all the BEANSTALK-BNB LP tokens you committed.

What happens if the IFO 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 IFO?

Launch your project with BeanSwap, Binance Smart Chain’s #3 project and liquidity provider, to bring your token directly to the most active and rapidly growing community on BSC.
Last modified 5mo ago