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Description

A standard presale is defined by two targets: soft cap (minimum to raise) and hard cap (maximum to raise). It is deemed successful if it reaches the end time and has raised over the soft cap or before the end time if it has reached the hard cap.

In a standard presale, investors are able to reserve tokens at a fixed rate, which are available to claim after the token is launched on a decentralised exchange. In the event of a failure, investors are able to claim back their initial spend.

For example, if the fixed rate was 100 tokens per 1 BNB and the investor spent 2 BNB, the investor could then claim 200 tokens on launch.