🚀 Launch

The launch of BuildKey V2 is similar to BuildKey 1.0, but with more advanced fair mechanism. The goal is to provide everyone with a fair chance to trade BuildKey and protects communities from bots.

In the following, we introduce the 4 stages of BuildKey V2:

• Deposit stage
• Trading Stage 1
• Trading Stage 2
• Settlement Stage

Please note: The time duration of each stage may vary by project.

Deposit Stage (30 mins)

See BuildKey Fair Launch for details.

• Users deposit $ASP or $BNB to share or raffle for the early keys.
• Step by step guide: https://medium.com/aspecta/build-key-fair-launch-early-key-raffle-0d58948defd6

Trading Stage 1 (5 mins)

There are two mechanisms to protect communities from sniper bots and provide a fair trading experience.

• Max Purchase Limit: each address can purchase and hold up to a certain number of keys.
• Auction Mode: a time-decay auction fund is required to purchase early keys. This mechanism provides smooth, fair, and transparent participation.

Trading Stage 2 (till TGE)

After Trading Stage 1, the pool goes to the final free trading stage. Users can trade Long keys or Short keys without limit. Please refer to Trade for details.

Settlement Stage (post TGE)

After TGE, short users and long users begin asset settlement. Short users deliver tokens to receive BNBs. Long users receive tokens from settled short users and BNBs from unsettled short users. Please refer to Asset Settlement for details.