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Legion and Yield Basis announce optimization of YB token sale plan, total amount remains at 5 million USD
Summary: According to official sources, Legion and Yield Basis teams have announced that they will adopt community feedback by transferring the original 2.5 million USD allocation from Legion to priority distribution channels. The total amount of this sale remains at 5 million USD, with the following updates: 1. Legion's allocation increased from 2 million USD to ...
According to official sources, Legion and Yield Basis teams have announced that they will adopt community feedback by transferring the original 2.5 million USD allocation from Legion to priority distribution channels. The total amount of this sale remains at 5 million USD, with the following updates: 1. Legion's allocation increased from 2 million USD to 2.5 million USD; 2. The remaining 2.5 million USD will only be sold on Kraken; 3. Legion will no longer have a first-come, first-served (FCFS) round, as this allocation has been moved to a priority distribution round; 4. Application responses will be sent out gradually, with all applications processed before the Kraken FCFS sale. This adjustment aims to ensure that more genuine users can obtain tokens, reduce bot participation, and avoid users incurring high gas costs during the application process (previously averaging over 20 ETH).
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Link: Legion and Yield Basis announce optimization of YB token sale plan, total amount remains at 5 million USD [Copy]
