# Community Pre-Sale

## 🔥 PRE-SALE SOLD OUT IN UNDER 24 HOURS 🔥

#### IMPORTANT: The amount of $SOL raised has been determined by the TWAP of the $MERTD token between March 23rd, 2024, 19:30 EST, and March 25th, 2024, 19:30 EST.  Calculation at the bottom.

{% hint style="info" %}

#### Helio Pre-Sale Link 👇�<https://app.hel.io/pay/660204999bb9546495499569>�

{% endhint %}

<figure><img src="/files/UV9ks2kYFWs4LWl8Qr8y" alt="" width="375"><figcaption><p>Helio Pre-Sale Site</p></figcaption></figure>

### Preface

Visit [The Takeover Story](/future/our-history/the-takeover-story.md) to learn how the DAO saved the $MERTD token and the [Broken mention](broken://pages/5n5MzHNVeWETm8oLsaG8)to understand why we need to do a Pre-Sale.

### Here is a TLDR:

1. The original project had 0% allocated to the treasury.
2. OG DAO members donated roughly 5M $MERTD to the cause, which is insufficient for sustainability & innovation.
3. Therefore, 50% of the tokens allocated for the treasury will be sold for $SOL.
4. This $SOL raise will get the treasury as close as possible to 50/50, weighted against the remaining $FUTURE tokens.

{% hint style="info" %}
The last part is important; selling 50% of the Treasury allocation (75M $FUTURE) will enable us to avoid adding increased selling pressure of the native $FUTURE token. Allowing us to fund initiatives more easily. &#x20;
{% endhint %}

### Timeline

* **$MERTD TWAP Duration**: 48 Hours starting March 23rd, 2024 19:30 EST&#x20;
  * A $SOL price snapshot will be taken as the TWAP window closes
* **Pre-Sale Start**: March 25, 2024 19:30 EST
  * Runs for 7 Days
* **Pre-Sale End**: April 1st, 2024 19:30 EST
* **Airdrop**: Shortly after the Pre-Sale window closes

### Objective

To raise $SOL equal to the TWAP of $MERTD multiplied by 75M $FUTURE tokens, as shown by the formula below.

$$
SOL\_{\text{Raise Goal}} = \left( \text{ $MERTD}*{\text{TWAP Price}} \times 75,000,000 , \text{ FUTURE }\right) / \text{ $SOL}*{\text{Price}}
$$

{% hint style="info" %}
If we do not hit our $SOL Raise Goal, the $FUTURE token allocation will be distributed pro rata to those who contributed to the Pre-Sale.
{% endhint %}

#### TWAP outcome:

* 75,000,000 (FUTURE) x 0.0017484 (TWAP MERTD) = $131,130&#x20;
* Therefore $131,130 / $190 (SOL Price) = 690 $SOL


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