💗 To all of our beloved supporters and farmers,
We are pleased to announce our much-anticipated IDO on LFGSwap! Credits to our community & @LFGSwap for making this possible.
The IDO will be taking the overflow mechanism, in which everyone is welcome to participate with their LFG tokens.
🚀 Feeling excited? Dive in for more details!
✨ IDO Key Parameters
IDO Time: March 6th, 9:00 am UTC — March 8th, 9:00 am UTC
IDO Platform: https://app.lfgswap.finance/ido
Amount of $HAPPY allocated to IDO: 10,000,000 HAPPY (10% of HAPPY total supply)
Quota: 300 LFG -13,000 LFG per Participant
1 LFG = 3.33 HAPPY
Total raise: 3,000,000 LFG
Release: 100% release upon listing on LFGSwap
Trading time: March 9th UTC 9:00 am
📖 What is the so-called “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 commit as much or as little funds as they want to the IDO (within the determined range), 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.
Generally, users will receive back any unspent funds when they claim their tokens after the sale, here at HappyFarm, we have designed a new way for you to get fully involved, read on!
♻️ Referal Bonus
In order to promote the success of this IDO, we have designed a viral invitation mechanism:
👬 Users who participate in IDO can refer their friends to gain extra $HAPPY rewards.
💎 Referal Bonus pool: 100,000 $HAPPY
💰 Rewards allocation：
eg. The rewards allocation between Inviter & Invitee is 70% and 30%
Assume Alice invites Ben, Carol, and Denny to participate in the HappyFarm IDO on LFGSwap, Alice gets 70% of the rewards and Ben, Carol & Denny shares the rest of the 30% rewards (proportional to their funds to the IDO), which can be claimed at the time of listing.
Ben also invites his other friends to participate in this IDO, at this time, more friends joined to share this prize pool, and their rewards keep accumulating.
😷 Feeling dizzy? No worry, your referral bonus will be displayed on the IDO page, LFGSwap IDO platform will do the maths for you!
🍷 Please note that if Alice succeeds in inviting 5 users, her IDO quota can be increased to 26,000 LFG, which is the maximum participation amount.
From the above examples, it can be concluded that the more people you invite, the more rewards you will get.
Hard-working farmers, let’s get started!
🌾 What happens to the unspent funds committed to the IDO?
To ensure the healthy & sustainable development of HappyFarm as well as to build a strong community, we would like to innovate a bit for this IDO.
Apart from the funds successfully committed, the unspent funds will be submitted to the Yield Farming pool on HappyFarm, earning profits as the early bird.
❓ When will the unspent funds be sent to the Yield Farming pool?
The Yield Farming will start instantly as soon as the funds reach 3,000,000 LFG in the IDO contract.
😊 The earlier the merrier!
The Yield Rewards can be claimed upon listing.
💎 Yield Farming Pool details
Reward Pool：1,000,000 HAPPY
1.54% of the Farm allocation from the Total supply of Happy, that is:
Total supply* Farm allocation percentage* IDO farm percentage
100,000,000*65%*1.54%= 1,000,000 HAPPY
🥕 HAPPY token information
Token: HAPPY
Total supply: 100,000,000
Max supply: 100,000,000
Blockchain: CORE
Contract Address: TBA
🐄 About HappyFarm
HappyFarm is a Decentralized Yield Optimizer that adopts the Multichain strategy, helping its community to earn compound interest on their crypto holdings. HappyFarm provides the best organic APYs with safety and efficiency.
Twitter：https://twitter.com/_HappyFarm_
Website: https://www.happyfarm.finance/
Medium：https://medium.com/@0xhappyfarm
Telegram：https://t.me/HappyFarmGlobal
Whitepaper: https://happyfarm-official.gitbook.io/happyfarm/
