The Range Presale allows founders to secure funds via a capped, fixed-price public token sale for a set period. The term comes from the fact that the market cap and FDV end within a range depending on the amount of funding raised.

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The Range Presale

Set a minimum target, maximum cap, and timeframe for your raise. If the raise succeeds, you have 3 days to request the token launch. If the minimum isn’t met or the token doesn’t get launched, participants are refunded. Funds are held in escrow until launch, after which participants can claim their tokens. Teams may also close their raise early.
CustomizeDescription
MinimumThe minimum amount of funds needed in order for the raise to complete. If the minimum isn’t met, backers get refunded and the sale doesn’t go through.
MaximumThe maximum amount of funds that can be raised. This is set to prevent over-dilution of investors.
DurationHow long the sale is open for. Minimum of 24 hours and a maximum of 7 days.
By default, 20% of raised funds are allocated for liquidity provision, paired with an equal amount of project tokens.