const ContentSectionSale = () => { return ( <> {/* Section 2 */}

How the token sale works.

Fairness and transparency for all participants.

The token sale will span 48 hours

The 48 hours consists of two 24 hour periods, the{' '} sale period {' '} and the{' '} grace period . Only afterwards you will be able to redeem MNGO.

Sale period{' '}

In the first 24 hours, you may deposit or withdraw your USDC from the vault. During the sale period, the MNGO price can fluctuate.

Grace period{' '}

After 24 hours, deposits will be restricted and only withdrawals allowed. During the grace period, the MNGO price can only go down.

Contribute your USDC

During the {' '} sale period {' '} you can deposit USDC into the vault. You can also change this amount by withdrawing or depositing additional USDC if you choose to.

Redeem unlocked MNGO

Once the{' '} grace period ends the MNGO tokens will be unlocked for redemption. The number of tokens you'll receive will be proportional to your USDC contribution.

Why does it work this way?

We wanted to build a mechanism that is fair and transparent for all participants. No private sale, no backroom deals with VCs, all players are on a level playing field. The mechanism is simple but robust. This makes it easier to build, use, and more importantly, harder to exploit.

All you need to do, is decide how much you contribute and how much you value MNGO. If the sale price is too high for you, you can still withdraw during the{' '} grace period.

) } export default ContentSectionSale