🚀 Summary of the first IDO CakePad session (before the end time 1h) PancakeSwap
• 🎯 Fundraising target: 47,058.8 CAKE
• 💥 Total commitment: 59,285,400 CAKE
→ Oversubscribed more than 1,260 times!
💰 Actual figures:
• Submitted: 1,326.27 CAKE
• Reservation fee (0.1%): 1.33 CAKE
• Actual allocation: 1.05 CAKE
• Received: ~447 tokens
• Refunded: ~1,323.89 CAKE
📊 Allocation rate: 0.079%
📌 Lesson: When oversubscription is high, the reservation fee is small but the allocation is extremely low. It is advisable to spread capital across multiple launchpads or choose projects with lower registration rates to optimize effectiveness.
Is this allocation exciting for you next time?
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