After TGE

Note: The delivery rules for sellers will follow the official guidelines. If there are any unconventional rules, such as vesting or non-linear structures, Bubbly can handle them with our delivery contract.

Token Delivery Starts:

Asset Sellers:

Sellers must deliver the tokens to the protocol within 24 hours or forfeit their margin, the delivery rules for sellers will follow the official guidelines. Delivered tokens are allocated to buy positions based on the average price of all buy positions held by each buyer, in sequence.

Asset Buyers:

Buyers can claim tokens once their buy positions are allocated. If a buy position is not allocated by the end of the delivery window, the buyer receives collateral funds equivalent to double the initial principal.

Liquidity Providers (LPs):

Once token delivery starts, LP positions are frozen, partially converting them to buy/sell positions.

LPs with buy positions must claim the tokens. Those with sell positions must deliver tokens within 24 hours.

Delivery Ends:

Asset Buyers:

Buyers can still claim tokens or sellers’ collateral funds at any time for their buy positions.

Asset Sellers:

Sellers forfeit their initial collateral for unfulfilled sell positions.

Liquidity Providers (LPs):

LP positions expire, and liquidity providers need claim any remaining funds