Announcement: Tonka Finance Fair Launch

Tonka Finance
3 min readDec 27, 2023

--

https://www.tonka.finance/

Fair Launch Overview

Tonka Finance is thrilled to unveil the Fair Launch of our pioneering digital finance initiative, a transformative step towards reshaping access to decentralized financial services. We are setting aside a monumental 50% of our total token supply — a staggering 500 million $TOKA tokens — for participants who are as passionate about this vision as we are.

  • Total Allocation: 50% of the total supply, equating to 500 million $TOKA.
  • Total Valuation: $5 Million
  • Total Raising Amount Cap: $2.5 Million USD

Key Aspects

  • Flexible Donation Options: Our participants have the flexibility to contribute using either ETH or Bitcoin, making the process inclusive and accommodating to all supporters.
  • Seamless Airdrop Process: In recognition of your contribution, you will receive $TOKA tokens through an airdrop in BRC20 format. Should your donation be made in ERC20, rest assured that your airdrops will be securely bridged and distributed from BRC20 to ERC20, ensuring a smooth transition into your ownership.
  • Minimum Donation: 0.0025 BTC, no minimum for ETH.
  • Maximum Donation: 0.25 BTC, 5 ETH

Round Schedules

To better accommodate our global community, Tonka Finance’s Fair Launch will be conducted in three distinct rounds. Each phase will feature an equal distribution of token allocation and maintain an equal cap, thereby ensuring a fair and inclusive process for all participants globally.

Round 1

  • Time: 12/28, 2 AM UTC (Duration: 2h)
  • Allocation: 16.6667% of Total Supply
  • Cap: $833,333.333 USD

Round 2

  • Time: 12/28, 10 AM UTC (Duration: 2h)
  • Allocation: 16.6667% of Total Supply
  • Cap: $833,333.333 USD

Round 3

  • Time: 12/28, 6 PM UTC (Duration: 2h)
  • Allocation: 16.6667% of Total Supply
  • Cap: $833,333.333 USD

Airdrop Calculation

The amount of airdrop tokens a participant receives is directly proportional to their donation in relation to the total donation pool. This equitable system ensures that each participant’s contribution is duly recognized and rewarded.

Example:

If you donate 0.05 ETH and 0.001 BTC, and the total donation pool amounts to 100 ETH and 10 BTC, your airdrop would be calculated as follows: [$value(0.05 ETH + 0.001 BTC) / $value(100 ETH + 10 BTC)] X 500 million tokens

This formula guarantees a fair distribution of tokens, ensuring that your contribution significantly impacts your reward.

Participating in the Fair Launch

Joining the Fair Launch is straightforward:

  1. Donate: Choose between ETH or Bitcoin for your contribution.
  2. Receive Airdrop: Following your donation, you will be able to claim fair launch token airdrops after the Fair Launch event.

Additional Rewards

Participants who have taken part in our Fair Launch Airdrop WL Campaign are entitled to further airdrop rewards, enhancing their stake in our ecosystem. For more details on these extra benefits, click HERE.

Airdrop Distributions

Airdrop distribution is set to commence post-TGE, after the completion of all Fair Launch rounds. For donations made using BTC, the BRC20 tokens will be delivered directly to the BTC addresses. In the case of ETH donations, BRC20 tokens will be converted via a cross-chain transfer to ERC20 format, which participants can claim on Tonka Finance’s Website post-TGE.

Additionally, participants eligible for Reward Airdrops can claim them post-TGE, on Tonka Finance’s Website. The Reward Airdrops will be in ERC20 format for ERC20 addresses.

The precise timing for this event will be communicated in a forthcoming announcement.

Over-Subscription and Refund

Should the allocated cap be met, the respective round will conclude automatically. Funds received beyond the stipulated cap will be categorized as over-subscriptions. Participants who have contributed excess amounts will be entitled to a refund. The process for claiming these refunds will be available on our website from the 30th of December onwards. The precise timing for this event will be communicated in a forthcoming announcement.

The Impact of Your Contribution

By participating in the Fair Launch, you are not just acquiring $TOKA tokens; you are becoming a pivotal part of a community dedicated to advancing the world of decentralized finance. Your contribution supports the development of innovative solutions and services for the BRC-20 ecosystem.

Ready to Make a Difference?

Embark on this exciting journey with us. Your participation in the Fair Launch is a step towards redefining the digital finance landscape. Make your donation, receive your airdrop, and join the ranks of forward-thinking individuals shaping the future of finance.

To participate in the Fair Launch, click Here.

(page will open when the event starts)

--

--