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Personal allocation calculation
As you already know, WePad follows the proportional allocation approach based on the principle of a first-come, first-served model. Yet you may still wonder how this proportional allocation model is being implemented. The principle is based around is following formula:
Total Amount Raised / Total Staked WWY * K * WWY staked 18h before IDO
Now let us briefly run through the components of the formula.
1️⃣
Total Amount Raised is the sum meant to be fundraised. This amount is shown on the project’s page of every IDO hosted on WePad. The project’s pages list is available
here.
2️⃣
Total Staked WWY is the total amount of WeWay tokens staked in all of the pools on WePad by all the stakers.
3️⃣
K is the vaguest component of the equation. Briefly, it is a multiplier made to boost your allocation amount on WePad. It can also be called the “oversubscription coefficient”. Our team analyses the amount of overly registered users for an IDO and calculates the amount of those who, statistically, will not be taking part in a sale and buy out their allocation. So it helps you to get a bigger allocation and us to secure an IDO round sale.
Important: For this particular IDO of the Degen Zoo project, the oversubscription coefficient equals 1.3.
4️⃣
WWY staked 18h before IDO refers to the amount of the WeWay tokens stored by IDO participants in staking pools with a lockup period 18 hours prior to a sale. This sum can only be known when the registration officially finishes.
Register for the IDO now to secure your spot.
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