Most likely the unsold tokens will returned to the seller, the Kleros Cooperative. See the relevant code: https://github.com/kleros/ERC20Seller/blob/4186c5024ceba6907c852bce350256e966b954d0/contracts/ERC20Seller.sol#L107-L115
Initial post is option
, Clement post is option ![:two: :two:](https://forum.kleros.io/images/emoji/google/two.png?v=9)
Option
No promo.
Linear increment all the way.
Large chunk at the baseline.
Price |
Amount |
Comment |
0.000050 |
60m |
main no fomo |
0.000051 |
10m |
|
0.000052 |
10m |
|
0.000053 |
10m |
|
0.000054 |
10m |
|
0.000055 |
10m |
|
0.000056 |
10m |
|
0.000057 |
10m |
|
0.000058 |
10m |
|
0.000059 |
10m |
|
0.000060 |
10m |
|
Option
No promo.
Linear increment.
50% of the round to be sold between 0.00005 and 0.000055 in 5 tiers.
50% of the round to be sold between 0.000055 and 0.000075 in 5 tiers.
Price |
Amount |
Comment |
0.000050 |
16m |
|
0.000051 |
16m |
increase by 0.000001 |
0.000052 |
16m |
|
0.000053 |
16m |
|
0.000054 |
16m |
|
0.000055 |
16m |
|
0.000060 |
16m |
increase by 0.000005 |
0.000065 |
16m |
|
0.000070 |
16m |
|
0.000075 |
16m |
|
Option
Increments are not linear, increments are exponential. 5 pricing tiers, each next pricing tier is multiplied by 1.02
.
Followed by that, 5 more pricing multiplied by 1.05
Price |
Amount |
Comment |
0.000050 |
16m |
|
0.000051 |
16m |
Ă—1.02 |
0.00005202 |
16m |
|
0.0000530604 |
16m |
|
0.000054121608 |
16m |
|
0.0000568276884 |
16m |
Ă—1.05 |
0.00005966907282 |
16m |
|
0.00006265252646 |
16m |
|
0.00006578515278 |
16m |
|
0.00006907441042 |
16m |
|
(actually, the exponential element is hardly noticeable, we could simply pick 2 significant digits)
Option
Time.
Previous proposals mention the amount of PNK sold, not the flow of time.
Just like Ethereum did back in 2014: https://cointelegraph.com/news/ethereum-raises-3700-btc-in-first-12-hours-of-ether-presale
The presale will run for 42 days, thus through September 2 [until 11:59 PM local time in Switzerland, GMT +1]. For the first 14 days, 1 BTC will buy you 2,000 ETH. Afterward, the price will go up linearly so that, on the final day, 1 BTC will buy you 1,337 ETH.
Would require a new contract, tests, review - unlikely.
Option
In option
the highest amount was Ă—2
the initial.
In option
the highest amount was Ă—1.2
the initial.
Maybe we can put some more incentives towards early purchase…
50% sold between 0.00005
and 0.00006
(Ă—1.2
range)
40% sold between 0.00006
and 0.0001
(Ă—2
range)
10% sold above (or not sold at all as too expensive, a substantial secondary market would be created)
Maybe we can design a hockey stick distribution?
Currently, trading PNK is rather uneventful. Chicken-egg liquidity issue. With 160m
coming into circulation…
Which of the ![:one: :one:](https://forum.kleros.io/images/emoji/google/one.png?v=9)
![:two: :two:](https://forum.kleros.io/images/emoji/google/two.png?v=9)
![:three: :three:](https://forum.kleros.io/images/emoji/google/three.png?v=9)
![:four: :four:](https://forum.kleros.io/images/emoji/google/four.png?v=9)
![:five: :five:](https://forum.kleros.io/images/emoji/google/five.png?v=9)
![:six: :six:](https://forum.kleros.io/images/emoji/google/six.png?v=9)
options is your favorite?
We can pick and choose the favortite properties of each of the proposals…
Also how exactly do we establish the baseline?
A few days before the sale ( how many
) a weighted moving average formula ( which
) should establish the exact baseline.