Presale - IBCO 🚀
1. What is an IBCO, and Why Should You Care? 📈
Lambo Llama’s presale uses a special method called an Initial Bonding Curve Offering (IBCO). This isn’t your average token launch—it’s designed to reward early supporters, offer transparent price discovery, and create a fairer system for all participants.
How Does It Work?
Fixed Token Pool: A specific number of $LLL tokens (1.2 trillion) is placed in a pool. That’s 10% of the total supply up for grabs!
Dynamic Pricing: The price of $LLL tokens is determined by how much ETH is raised during the presale. The more ETH that’s contributed, the higher the token price will be at the end of the sale.
Example: If 100 ETH is raised and 1.2 trillion tokens are available, the price per token will be:
100 ETH ÷ 1.2 trillion tokens = 0.00000000008333 ETH per tokenPro Rata Allocation: The number of tokens you get is based on how much ETH you contribute compared to the total amount raised. So, the more you invest, the bigger your slice of the Llama pie! 🦙🍰
Benefits of the IBCO:
- Fair Price Discovery: Unlike fixed-price token sales, the price of $LLL is determined by the market, reflecting real demand for the token.
- Bonuses for Early Supporters: The earlier you jump in, the more bonus tokens you get! This makes it super rewarding to act fast and secure your spot.
- Proportional Allocation: No whales eating up all the tokens—everyone gets a fair share based on their contribution.
This means that by the end of the presale, the token price is fully determined by how much ETH is raised, making the process transparent and market-driven.
Next sections will dive into bonuses and timeline details, so stay tuned!