launch site. The amount a user deposits will be divided by the total amount of user deposits and then that figure will be multiplied by the total amount of tokens that will be released via the launch to get the amount that an individual user will receive.
The launch is being conducted with a soft and hard cap. If the soft cap for deposits were not to be met, the launch would be considered unsuccessful and all funds deposited would be returned to users. If the hard cap were to be exceeded, users would get a share of the released QUBE tokens that corresponds to the percentage of total deposits that their deposit accounted for, and would also be refunded for the amount of funds that exceeded the hard cap.
As of pixel time, both the soft and hard cap have been exceeded, meaning that the token launch will be successful and participants will receive partial refunds in addition to their shares of the QUBE tokens released. However, the token launch is still ongoing, and just because the hard cap has been exceeded does not mean that people can no longer participate. New participants can enter the token launch for as long as the process lasts and all shares will be calculated once the timeframe has expired.token launch will be able to receive their tokens via a vesting release mechanism. The vesting will make a percentage of a user’s share of QUBE tokens available on a specific date each month.
, this protocol has been put in place as a market surplus management tool used to reduce price pressure on assets and encourage long-term investments.
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