# Presale

BASIN will have a private and public round, with an ambitious target as follows:

* 200 ETH Total Hard Cap
* 140 ETH from private sale 
* 60 ETH from public sale
* 200,000 BASIN to be sold (Refer to [usdbasin-tokenomics](https://basin-dao.gitbook.io/basinfinance/basin-overview/usdbasin-tokenomics "mention"))

## Private Round

* 150,000 BASIN to private seed
* 7 day vesting period, starts at the same time when token launches
* Launch premium 35% below launch price

## Public Round

* 50,000 BASIN to public presale
* 7 day vesting period, starts at the same time when token launches
* Launch premium 15% below launch price

## Pricing and Launch Calculations

Assuming all 200 ETH is successfully raised

* 140 ETH and 100k BASIN will be added to BASIN/ETH LP = 0.0014 ETH Launch Price
* Private Sale Price has a 30% premium = 0.00093 ETH Sale Price
* Public Sale Price has a 15% premium = 0.0012 ETH Sale Price
* Circulating supply at launch will be 300k BASIN (200k + 100k)
* FDV's will respectively be 933E presale // 1.2K public // 1.4k at launch

All ETH raised will be distributed as follows:

* 70% of raised ETH goes directly into an immutable LP launch for BASIN/ETH
* 20% of raised ETH will be sold into a stablecoin and fund the BAI PSM, as collateral reserve
* 10% of raised ETH will go to treasury for marketing funds + runway

{% hint style="success" %}
Currently, there will be no minimum or maximum allocations per wallet.

Subject to change.
{% endhint %}

## Liquidity Launch

### Immutability

$BASIN will instantly launch above the presale price, and this launch price is directly hardcoded in the presale contract to ensure potential profitability for presale participants.

### Vesting

Presale participants will undergo a **7 days** linearly unlocking vesting period to prevent instant dumpage.