Rally

Rally will hold a First Liquid Token Sale and Distribution on the 1. Apr. The Token Sale will happen on CoinList. The token price will be determined with the reference price set based on a trailing average methodology of the 15 to 45 day window prior to the sale and distribution’s launch. (Token Sale and Distribution).

Asset	$RLY
Sale and Distribution Structure	First come first served fixed price sale and distribution
Key Dates	April 1 2021, 00:00 UTC to April 3 2021, 11:59 UTC
Price per Token	The token price will be determined with the reference price set based on a trailing average methodology of the 15 to 45 day window prior to the sale and distribution’s launch. CoinList will set a markdown from the reference price within the range of 10-30% that will be applied in exchange for lockup and release restrictions on all $RLY distributed. The exact timeframe, methodology, markdown, and price per token will be announced within 24 hours prior to the launch
Accepted Currencies	BTC, ETH, USDC
Purchase Limits	USD $100 minimum USD $1,000 maximum
Supply	Current circulating supply: 122.6M $RLY (as of March 15, 2021) Supply reserved for the CoinList sale and distribution: 40M $RLY
Lockup and Release	12 month linear release with a 6 month cliff. 50% of tokens release on October 4, 2021, after which tokens continue to unlock linearly on a monthly basis
Eligible Participants	Residents outside of the US, Canada and China. Excludes residents of certain jurisdictions.
FAQ	Rally sale and distribution FAQ