Introducing BuckSwap’s MoonRoom

BuckSwap
2 min readMay 22, 2021

Buy Brand New Tokens Using BUCKS-BNB LP Tokens:

  1. Participants need BUCKS-BNB LP tokens to participate.
  2. BUCKS tokens equating to half of the total funds raised will be burned forever: If the full allocation is raised, then 50% of BUCKS tokens will be burned forever.
  • The new project receives BNB.
  • BuckSwap burns the BUCKS.
  • You receive the project’s new tokens.

I. How To Participate In BuckSwap MoonRoom Project?

Visit the BuckSwap MoonRoom to learn more about the MoonRoom and future MoonRoom Projects.

Step 1: BEFORE MoonRoom Project SALE

  1. Buy BUCKS and BNB tokens.
  2. ​Obtain BUCKS-BNB LP tokens by adding BUCKS and BNB liquidity.

Step 2: DURING SALE

  1. While the sale is live, commit your BUCKS-BNB LP tokens to purchase the MoonRoom Project’s tokens at https://app.buckswap.io/#/moonroom.

Step 3: AFTER SALE

  1. When the sale is complete, claim the the MoonRoom Project’s tokens you have purchased. Your unspent funds will be sent back to you.
  2. In the case of an overflow, you can unstake your remaining BUCKS-BNB LP tokens.

If you decide to acquire BUCKS-BNB LP tokens before an the MoonRoom Project’s starts, you can stake them in the BuckSwap Mine to earn BUCKS tokens while waiting for the sale. While you are holding BUCKS-BNB LP tokens, it is imperative that you understand that you will be at risk of Impermanent Loss.

II. What Is The “Overflow” Sale Method?

Generally: The more you put in, the more you will get, and you will get back anything that does not get spent.

In the “Overflow” method, users can subscribe as much or as little as they want to the MoonRoom Project. A user’s final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will receive back any leftover funds when they claim their tokens after the sale ends.

Important Note: It’s possible to receive no tokens at all: If you commit a very small amount of LP tokens compared to the total amount committed by others, your contribution may be such a small part of the total that you may not qualify for even a small portion of the tokens sold. In such a case, you will still be able to reclaim all the BUCKS-BNB LP tokens you have committed.

III. What Happens If The MoonRoom Project Does Not Raise All The Funds Targeted?

The sale will proceed as normal, and all funds contributed will be spent.

--

--

BuckSwap

BuckSwap is a decentralized exchange (DEX) that operates on the Binance Smart Chain (BSC).