# Presale Info

> You're face to face 
>
> With the man who sold the world

### Why Presale?

* So-called "fair token launches" are not actually fair. They are overrun by bots and insiders
* We predict that a quality farm launch will see significant interest in a fairly constituted early liquidity pool
  * We are initially placing a microcap valuation on the total supply to give investors an advantage 
* We prefer that everyone pay the same price initially
  * We have no tiers, categories, or extra tokens minted
* A presale enables us to provide a MUCH larger amount of cash towards liquidity than we could otherwise ($75,000 if presale fills)
  * Liquidity tokens purchased with presale funds will be burned
  * More supply in liquidity providers' hands means less price change when farming begins
  * Enables high-volume pre-farm trading
* A presale provides an established budget for marketing, partnerships, and further development

### Presale Info

* Times and Dates:
  * Presale start: ~~7/18, 1030 GMT,~~ [~~block 16995000~~](https://polygonscan.com/block/countdown/16995000)
  * Presale end: ~~7/22, 0900 GMT,~~ [~~block 17124600~~](https://polygonscan.com/block/countdown/17124600) ~~(or when full)~~ SOLD OUT in <2 minutes
  * Liquidity provided: ~~7/20, Approx. 1700 GMT~~
  * Swap to farming token: ~~7/20, 1740 GMT,~~ [~~block 17079000~~](https://polygonscan.com/block/countdown/17079000)
  * Farming start: 7/22, 2300 GMT, [block 17169600](https://polygonscan.com/block/countdown/17169600)
* Total Raise: $150,000 for 30,000 LITHIUM, 30% of the supply
  * Contributions in MATIC, pegged shortly before the presale begins
* Rate: $5 per LITHIUM
* Cap: $3,000 per groupie (Pegged in MATIC)
* Implied Market Cap of Total Supply: $500,000
* Initial liquidity: Supplied at 2x presale price if presale fills, or at least 1.5x presale price if not

### Allocation of Presale Funds

* 50% initial liquidity  (7,500 LITHIUM valued @ $10.00 + 75,000 USDC = $150,000 liquidity)
* 30% marketing/infrastructure/partnerships
* 20% band (dev) salaries

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