FEG Token

SmartDeFi Presale

Document last updated: March 21st, 2023.

Linking Socials to Presale

Presale users on the blockchain may connect their presales to their socials (TG, Discord, Reddit, Twitter).

Presale Fee for FEG Ecosystem

Fee generated from Presale (0.5%, lower than industry standard)
The fee may go to one of three places at a time:
  • Refunding Projects LP
  • Staking
  • Buy & Burn FEG
Transparent way on the UI to see how much BNB FEG has collected from the Presale Fees

Different methods for the Presales to be viewed:

  • Users may see the following:
    • which Presale will be the next to open on the blockchain directly
    • which has closed most recently
    • which one has been opened for the least amount of time

Restarting a Presale

  • Everyone in the last Presale will directly be able to claim their tokens back
  • Project creator(s) will have to re-deploy on a different contract to launch the new token
  • If the Project creator has been downvoted 50 points more than their positive votes, they will not be able to launch another token

Presale Parameters:

  • The maximum amount of participants
  • Maximum or Minimum amount of buy(s) per wallet
  • DEV share for a paired token or for the token itself
  • Soft Cap and Hard Cap
  • Total time the Presale will run
  • Start time of Presale (future launch)
  • Minimum time lapsed time for token launch (until that time, no one can launch the project)
  • Presale users can have a delayed claim; a claim can be made after a certain amount of time (no initial claim)
  • If you enable Vesting, you can make a percentage-based delay claim
  • Vesting is customizable (Equal to or more than the previous claim amount per period)
  • Presale owner (one who deploys the project is the owner of the presale)
  • If you have a surplus of tokens, you can burn them or decide if they go to a specific wallet
  • Choose between the 3:
    • Presale with Whitelist Only
    • Presale with either the investors claiming the token or receiving it via Airdrop.
    • Launch on a 2nd DEX.

Presale Safety Parameters:

  • Presale can be modified by the creator as long as the start time has not been set
  • The start of the Presale is not in the past (avoids error)
  • Contract checks that the maximum of buys should not be smaller than the minimum buys
  • The Hard Cap needs to be 10% higher than the Soft Cap
  • The owner allocation of tokens in a presale does not exceed 50%
  • The maximum amount for the delayed claim is five days
  • Ensuring that the price of the launch is higher than the Presale Price
    • This is a significant mistake seen by first-time project creators that can destroy a project
  • A surplus of tokens that have not been allocated for the Presale can be burnt or sent to the owner
  • The contract ensures that the Vesting Period is longer than the start period, and the start time should be after the current time.
  • The contract ensures enough tokens for the Presale to fill the Hard Cap.
  • The minimum launch time is at least higher than or equal to the maximum time of the presale.
  • The launch time minimum is there so that people can launch if the Soft Cap is met (the presale owner is not subject to this)
  • The maximum time of a presale is seven days
  • The presale percentage can be up to 2 decimals (e.g., 10.12%)
  • Set or remove users from Whitelist
    • The presale owner can remove whitelist spots if the presale is still active & IF THE PERSON HAS NOT JOINED/BOUGHT.
  • Emergency cancellation can only be made by the Presale Deployer (FEG team) or the Presale Owner (Presale must be active)
  • Two ways to launch a Presale
    • Project creators must mint their token through the Presale process to run a presale (this prevents token amount manipulation)
    • The Presale deployer owns the Presale, so it is tax-exempt if transfers must be made.
  • Preventing Presale launch if already launched or aborted
  • Initial locking is 13 days for LP (locked inside of the token contract to prevent rugs)
  • DEV tokens are vested (They can claim one percent of DEV share every three months, if unclaimed for several days, it accumulates, and you can access the 1% per day)
  • BNB DEV share can be claimed all at once at launch
  • Investors can invest multiple times within the Presale as long as they have not reached the maximum allowed per trader
  • Maximum participants reached; no one else can join
  • Cancel a Presale if it has not been aborted and if it has not launched but is still running
    • Soft Cap must not be met, and the Maximum time of the Presale has not passed
  • User may cancel their Presale position at any time if the token has not launched; if a user cancels their position after the Presale has stopped running (waiting period between launch and end of Presale), tokens will be burnt, but BNB is sent back.
  • Anyone can close the joining of the Presale if the maximum time has passed
  • The Presale owner may cancel a Presale anytime after reaching the Soft Cap.
  • If the automatic airdrop is stuck, then there is a manual airdrop that can be performed by anyone (Presale can't be aborted, Airdrop has to be activated, and Presale must be over)
  • If an airdrop is activated, the claim button does not work; it must be sent via Airdrop (either automatically or manually by any user)

Decentralized Presale Voting

Decentralized Presale Voting for reputation if you have X amount of FEG (if this is abused, we will turn it off)