Bidders pool ETH toward one token over a fixed window. Hit the FDV target and it graduates — everyone's allocation is strictly proportional to what they bid, computed only after the window closes, so there's no advantage to timing a bid or splitting one wallet into many. Miss the target and every bidder gets a full refund, no exceptions.
Contract: 0x01ceC8…8EfDce ↗ — new, live on mainnet. Read the mechanics in the whitepaper.