▶️How does the Fairlaunch work?

What you need to keep in mind

Tokenomics and Target Liquidity

It's really simple. 80% of the rPRSM tokens will be available and distributed via the Fairlaunch. This means that rPRSM will be in the majority in the hands of the community.

The initial liquidity of the rPRSM liquidity pool will be 9,600,000 rPRSM and 9,600 IOTA, which will be provided by the PRISM Project team. Therefore, the initial price of rPRSM on MagicSea will be 0.001 IOTA per rPRSM.

Please note that a fair launch can be volatile, so you must decide beforehand how much you want to allocate and what slippage you are willing to accept.

How to participate in the Fairlaunch

Step1: Create a MetaMask Wallet

Just follow the instructions from this video: https://www.youtube.com/watch?v=-HTubEJ61zU

MetaMask Link:

https://metamask.io/

Step 2: Transfer IOTA to your MetaMask Wallet

Just follow the instructions from this video:

https://www.youtube.com/watch?v=plKoaCH-Dq4

Step 3: Join the Fairlaunch on MagicSea

Connect your wallet to Magic Sea with the button on the left top.

Go to https://app.magicsea.finance/swap and pick IOTA and rPRSM and choose how much rPRSM you want to buy.

Step 4: Add LP-Token / rPRSM to MetaMask

Go to the Create Pool Tab and add liquidity if you want to.