Getting some questions about the mechanics of Printr's community sale. Specifically about what's stopping a whale from aping in 200k and taking most of the allocation.
Printr's community sale uses pro rata. Here's how it works:
Step 1. Sale opens with a fixed hardcap. $2M raise target.
Step 2. Commit window opens. Anyone KYC verified deposits whatever they want. $500, $50K, $200K, does not matter. Funds sit in escrow.
Step 3. Window closes. Total commitments are tallied. If the sale pulled $20M against a $2M hardcap, that is 10x oversubscribed.
Step 4. Pro rata math runs. Every wallet gets the same percentage of their commit filled. In a 10x oversubscribed sale, everyone gets 10% of what they put in.
Step 5. Allocations distribute, refunds settle onchain, instantly.
Worked example. Whale commits $200K to a 10x oversubscribed $2M sale. They get $20K of tokens. $180K refunds back to their wallet same block. Same 10% fill as someone who put in $1K and got $100.
Why this beats every other launch model.
FCFS rewards bots. Lottery rewards luck. Tier systems reward whoever farmed points hardest. Pro rata rewards conviction, scaled fairly. Bigger commit means bigger absolute allocation, but never at the expense of smaller participants getting shut out.
KYC is the unlock. One human, one allocation. No sybil farming, no 50 wallet whales pretending to be retail. Everyone competes on the same curve.
Let me and the team know if you have any other questions.