IPO (Initial Panther Offering)

Intro

Buy new tokens using PANTHER-BNB LP tokens.

  • The project gets the BNB.

  • PantherSwap burns the PANTHER.

  • You get the tokens.

  1. You need PANTHER-BNB LP tokens to participate.

  2. PANTHER tokens equating to half of the total funds raised will be burned forever: If the full $1,000,000 USD allocation is raised, then $500,000 of PANTHER tokens will be burned.

How to participate in an IPO?

Visit https://pantherswap.com/ipo to find out more about IPOs.

BEFORE SALE

  1. Buy PANTHER and BNB tokens

  2. Get PANTHER-BNB LP tokens by adding PANTHER and BNB liquidity

DURING SALE

  1. While the sale is live, commit your PANTHER-BNB LP tokens to buy the IPO tokens at https://pantherswap.com/ipo

AFTER SALE

  1. When the sale is complete, claim the IPO tokens you've bought. Your unspent funds will also be sent back to you.

  2. Done! In the case of an overflow you can unstake your remaining PANTHER-BNB LP tokens.

If you decide to acquire PANTHER-BNB LP tokens before the IPO starts, you can stake them in the PANTHER-BNB Farm to earn PANTHER token rewards while waiting for the sale.

While you are holding PANTHER-BNB LP tokens you will be at risk of Impermanent Loss.

What is the "Overflow" sale method?

TLDR: Basically, the more you put in, the more you will get, and you’ll get back anything that doesn’t get spent.

In the “Overflow” method, users can subscribe as much or as little as they want to the IPO, and their 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.

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 PANTHER-BNB LP tokens you committed.

Three models of possible outcomes for the Overflow method.

What happens if IPO doesn't raise all the funds targeted?

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