Alyx Finance IKO Details

Knightswap
KNIGHT BSC / DARK KNIGHT FTM
2 min readMar 2, 2023

Alyx Finance

Alyx is first and foremost a DAO that operates the $ALYX currency to grow a treasury that correspondingly backs $ALYX token as a reserve currency. The DAO seeks to grow the treasury, and hence grows the backing behind each $ALYX token.

Learn more about Alyx Finance by clicking here.

IKO Details

📅 Date: March 5th (Sunday)
Starts at: 9 AM UTC
Ends at: Approximately 9 AM UTC March 7th (Tuesday)
🖥️ Network: BSC
🟡 Initial Price: 0.0066BNB ~ ($2 per $ALYX token)
💲 Listing Price: 0.0066BNB ~ ($2 per $ALYX token)
💰 Total Raise: 165 BNB ~ ($50,000)
🔒 Vesting: 100% tokens release at TGE
🧾 Token Tax: 0
💵 Initial Market Cap: $100,000
💸 Softcap / Hardcap: $20,000 / $50,000
🌊 Overflow method — Excess will be returned to you

$ALYX will be available to trade shortly after sale ends. This is where you will go to contribute in IKO:

http://knightswap.financial/iko

Overflow Method

In overflow method users can contribute as much as they want or as little as they want, to the Initial Knight Offering (IKO), 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.

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

Users will receive back any leftover funds when they claim their tokens after the sale. The overflow prevents one wallet from purchasing a majority of the tokens without a chance for other investors to get anything.

How to participate in $ALYX IKO?

  1. You will have 48 hours to contribute your BNB to get your allocation in IKO.
  2. Connect your wallet in the top Right corner & make sure you are connected to the BSC network.
  3. Press “Approve” Then press “Contribute” & allocate however much BNB you wish.
  4. When the sale is complete, claim the $ALYX tokens you’ve bought. Your unspent funds will also be sent back to you in the same transaction.

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