Monad's token launch on Coinbase is definitely going to be oversubscribed ($187.5M). How will the allocation work after oversubscription? Here's a simple explanation The overall idea is to take care of small investors. I asked AI to explain the specific rules, and it's pretty interesting—better than an equal distribution. Imagine everyone lining up for food (see image), but each person's bowl (representing their investment amount) is different. For example: 4 people participate in the ICO—A invests 100u, B invests 300u, C invests 500u, and D invests 1000u. The total allocation is 1200u. **Round 1 Allocation - Start with the smallest amount** The project team gives 100u of food to each of ABCD, totaling 400u. Then A is satisfied and leaves, having received 100% of their expected allocation. **Round 2 Allocation - 800u left in the pot** Now B, C, and D remain, needing 200u, 400u, and 900u respectively. At this point, the project team gives each of the three 200u of food, totaling 600u. B is now satisfied and leaves, having received 100% of their expected allocation. **Round 3 Allocation - 200u left in the pot** Now only C and D remain, needing 200u and 700u respectively. If we continue with the same logic, we’d need 200×2, but there’s not enough left. So the project team splits the remaining 200u equally between C and D, giving them 100u each. As a result, C and D each receive a total of 100+200+100 = 400u in allocation. **Final MON allocation results are as follows ** A gets 100u (100% of expected) B gets 300u (100% of expected) C gets 400u (80% of expected) D gets 400u (40% of expected) So, under this rule, it’s more friendly to small investors. The larger the investment amount, the lower the final allocation percentage (though the actual amount is still decent).