Aspecta Docs

Appearance

Fair Launch: Early Key Raffle ​

Aspecta developes a particular launch mechanism, so that to provide everyone with a fair chance to buy early BuildKey and protects communities from robots.

📌 TLDR ​

  • Within the first 30 minutes (may vary by projects) after a pool's launch, it takes a "Buy with Raffle" mode.
  • The raffle randomly selects txns to execute, regardless of the txn order, gas price, and pay price.
  • Participating in the raffle and claim keys/refund from the raffle is permissionless. To protect communities from bots, PoH users will be eligible to join premium raffle groups.

💡 Step by step guide ​

https://medium.com/aspecta/build-key-fair-launch-early-key-raffle-0d58948defd6

📖 Mechanism ​

Within the first 30 minutes after a pool's launch, the pool operates in a raffle mode. Traders deposit a refundable fund to place a raffle order.

  1. Each address is limited to 1 order with a maximum of 20~100 keys (may vary by projects and raffle groups).

  2. The orders are randomly selected, sorted, and executed shortly after. That means, traders who participate in the raffle will be equally selected regardless of their gas prices, and whether early or late of their txns.

  3. To let more users obtain early keys, the allocated keys for each winning order will depend on the oversubscription rate if the pool is oversubscribed.

  4. Once the raffle ends, users will instantly see the total oversubscription rate, claimable keys, and refunds.

  5. Obtaining claimable keys & refunds is permissionless and costless. Just simply click the "claim" button in the raffle result window.

  6. To prevent bots affecting community users, users with successful PoH verification can join a premium raffle group. The PoH verification can be completed via: