Farmdrop Oversubscribed FCFS

Farmdrop Oversubscribed FCFS — Proportional Deposit Model

Farmdrop Oversubscribed FCFS model is designed for deals where the Guaranteed Allocation Round is not fully subscribed. This model allows FCFS participants to deposit up to 5–10x (dynamically decided) their Guaranteed Allocation Round amount and oversubscribe the Farmdrop’s FCFS Round.

Learn more about Farmdrop here.

The basic process of Farmdrop Oversubscribed FCFS:

• The Guaranteed Allocation Round ends. If the sale pool is not fully subscribed, the FCFS Round begins.

• An oversubscription multiplier is dynamically assigned based on the remaining token amount from the GA Round.

  • FCFS Max Deposit Pool = Remaining Token Value × Multiplier

• Users are assigned a personal max FCFS deposit cap (e.g., 5×–10× their guaranteed allocation size).

• Both the FCFS Max Deposit Pool and User Deposit Limits become visible in the user interface before the FCFS Round begins.

• Once the FCFS Round begins, users can deposit their $FINC tokens up to their personal max cap within the specified FCFS window (15–60 minutes).

  • Bear in mind that deposits are non-final until allocations are calculated due to the oversubscription.

• After the FCFS closes, tokens are assigned proportionally to each depositor using the following formula:

  • User Allocation = (User Deposit / Total FCFS Deposit) × Available FCFS Tokens

  • Basically, a user’s final FCFS allocation is the ratio of deposited $FINC tokens by the user to the total deposited FCFS $FINC amount and is proportional to the available FCFS Round tokens.

• Once final user allocations are calculated, the excess $FINC tokens are refunded to users and will be available to "Unlock" through the website within the same day.

FAQ

Who is eligible to participate in the Farmdrop Oversubscribed FCFS Round?

To be eligible for the Farmdrop Oversubscribed FCFS, users must have participated in the Guaranteed Allocation Round.

Will users receive a refund if the total deposited amount is less than the remaining FCFS Pool?

No, if the total deposited amount is lower than the remaining FCFS Pool amount, users will not receive a refund. In that case, users will be allocated tokens exactly based on their deposited $FINC amount.

What happens if a user try to deposit more than his/her personal FCFS cap?

If a user attempts to deposit above their personal cap, the transaction will fail. Users should ensure they deposit an amount that is equal to or below their personal cap.

How is the user deposit cap multiplier calculated?

The user deposit cap multiplier will be the same as the FCFS Deposit Pool multiplier, assigned dynamically by the team.