🔻 Let's talk about the on chain DEX @ (byreal. io) incubated by Bybit. 🔸 Byreal integrates three major functions: Dex, Startup Board, and Revenue Vault, and will launch a public beta on 06/30 (today). 🔸 As a warm-up before the public beta, Byreal is working on its first IDO project for the Reset Launch launch board - @ fragmetric. 👉 SOL wallets that have been whitelisted can participate in: https://www. (byreal.io)/en/reset? id=8odUDkQw2PH38P9BYzCDHvbtC5LJ3kuq1QCmDyUPVYDm ▪️ IDO Information Token: FRAG (Solana) Deposit time: 06/30/15:30~07/01/14:30 (UTC+8) Token collection time: 07/01/15:30 (UTC+8) Total fundraising amount: 360000 US dollars (bbSOL) Total supply: 1 billion pieces Number of tokens available for subscription: 8 million (total supply 0.8%) Ownership status: None, trading can be done immediately on Byreal Dex after IDO ends. ▪️ Participation method Each whitelist address has a total deposit limit of 10 bbSOL. Users can freely allocate them to subscription pools at different price levels. For example, in this FRAG, there are 5 token subscription pools, each with 1.6 million tokens available for subscription. The difference between pools lies in the subscription prices, which are 0.025, 0.035, 0.045, 0.055, and 0.065, respectively. They correspond to subscription FDVs of 25 million to 65 million US dollars respectively. The final amount of tokens allocated is determined based on the ratio of 'your deposits in each pool/total deposits in each pool', therefore: The potential returns of a low FDV pool are more attractive, but the deposits are only more or less, and the token shares are easily diluted; The price advantage of high FDV pools is relatively weak, but therefore there are fewer people and opportunities to receive more tokens. The pre-market price of FRAG in Whales Market is 0.24, so the IDO price can be said to be very attractive, and currently all 5 pools are oversubscribed.