diff --git a/components/ContentSection.tsx b/components/ContentSection.tsx index f842a68..430d4c6 100644 --- a/components/ContentSection.tsx +++ b/components/ContentSection.tsx @@ -5,7 +5,7 @@ const ContentSection = () => { return ( <>
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It is still the early days. @@ -142,8 +142,8 @@ const ContentSection = () => {

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{ Users should understand the risks when participating today and know what they are contribtuing too.

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{ New token sale mechanism

- We built our own sale and distribution mechanism in order to focus on fairness for all participants in the sale. + The Mango token sale was designed with the goal of being as fair as possible to all participants. + However, there is a mechanism by which one or more participants with large amounts of capital could + discourage others from participating in the token sale. +

+ During the deposit phase, these participants + could deposit very large amounts of USDC. This would drive up the average price of the token and + potentially discourage others from participating in the sale. +
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Then, during the last minute + of the withdrawal phase, these large participants could withdraw much of their USDC, thus + receiving a much lower average price, depending on how successful they were at discouraging others. +

- While fairness is our intention, some participants may still game the system by inflating the token price during the - sale period with the intention of discouraging others to participate. -
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- they then could withdrawal their deposits during the grace period - lowering the price. + Therefore, all participants should be aware of this potential behaviour during the sale and + make their best decisions accordingly.

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