MCB Community Sale is LIVE
Time (Subscription period): UTC 4:30 AM April 21st–4:30 AM April 23rd
Community sale is enjoying the same term as institutional investors.
Total size — $1M
Not under a “first-come, first-served” rule. If the subscription is over $1M, the size for each one will decrease proportionally.
For example, if you subscribe $5000, and the total subscription size is $2M, which doubles the cap, you will finally subscribe to $2500.
a) Subscription period (2 Days)
There is no subscription max, and you can subscribe as many times as you would like during this period. Please note that users are unable to unstake in this period.
· Step 1
Go to: https://mcdex.io/communitysale
Please read the release rules at the bottom of the page very carefully.
· Step 2
Enter the MCB that you want to subscribe to in the “Amount.” Then the page will show the MCB and USDC you need to stake. If you’re going to subscribe to 1MCB, you need to stake 4 MCB and 10USDC. Please notice that if you click on “MAX”, the USDC and MCB amount will be calculated (4:1).
· Step 3
Click “Commit,” and you will see the pop-up. After reading carefully, click the “Check box” then click the “Confirm”
· Step 4
Back to the subscription page and run “Approve MCB,” Approve USDC,” “Stake MCB&USDC” three types of interactions. After success, the subscription is completed.
b) Locked-up period (7 Days)
In the locked-up period, you can not subscribe to MCB and unstake.
c) Unlocking Period
After 7 days, you will be free to unstake your MCB and USDC deducting your subscription size.
· Step 1
Click “Unstake All” after success, users can retrieve their MCB and USDC.
For any further questions please contact the team.