> For the complete documentation index, see [llms.txt](https://futurespl.gitbook.io/future/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://futurespl.gitbook.io/future/our-history/the-takeover-story/token-launch-plan.md).

# Token Launch Plan

Update April 2, 2024: All token phases complete. $FUTURE launched successfully.

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For specific information related to each section, please visit the following pages.
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## 🔥PRE-SALE SOLD OUT IN UNDER 24 HOURS & OVER 90% OF ALL $MERTD WAS SWAPPED TO $FUTURE🔥

## Summary Timeline:

1. **Friday, March 22nd 1930 EST**

   * Launch Announcement is made

2. **Saturday, March 23rd 1930 EST** 

   * TWAP Window Starts
     * Records TWAP of $MERTD price over this period

3. **Monday, March 25th 1930 EST**
   * Swap Migration Opens for 7 days
   * Presale Starts and runs for 7 days 🔥 PRE-SALE SOLD OUT 🔥
     * Uses TWAP to determine pre-sale pricing
     * Ends when capacity is hit or the window closes

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In exchanging $MERTD for $preFUTURE, you hereby grant Future DAO full authority to utilize the $MERTD token in a manner deemed beneficial to the DAO's interests.
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1. **Monday, April 1st 1930 EST:** 
   1. $MERTD in treasury is SOLD for $SOL to kickstart $FUTURE liquidity
   2. $FUTURE delivered to Treasury
   3. Liquidity Pools seeded from Treasury $FUTURE & $SOL
   4. $FUTURE is Airdropped 1:1 to $preFUTURE holders
   5. $FUTURE is delivered to Presale participants
   6. $FUTURE airdropped to any $MERTD holders that did not swap at 0.5:1
      * Take the equivalent % of Future tokens as there are MERTD in the LP for use in the FUTURE LP
   7. Any $FUTURE not airdropped will be burnt