Min and Max Raise

Learn how minimum and maximum raises can be used to help manage the outcome of your sale.

Setting Minimum and Maximum Raise Amounts

When creating a token sale on Fjord, one of the critical steps is defining the minimum and maximum raise amounts. These values help ensure your sale aligns with the financial goals of your project, while providing clear expectations for participants.

Minimum Raise Amount

The minimum raise amount is the smallest amount of funding your project needs for the sale to be considered successful. If the sale doesn’t meet this amount, contributions will be automatically refunded, and the sale will not proceed.

Why Set a Minimum Raise?

• Project Viability: Ensure your project is funded sufficiently to move forward as planned.

• Participant Trust: Gives your participants confidence that you aren’t proceeding with a project that’s underfunded.

Maximum Raise Amount

The maximum raise amount is the upper limit for the funds you want to collect. Once this limit is reached, the sale will automatically close, preventing any additional contributions.

Why Set a Maximum Raise?

• Fund Management: Prevents overfunding, ensuring your project raises only what it needs.

• Token Distribution: Helps you control the number of tokens distributed and maintains a fair balance between demand and supply.

How to Set Min and Max Raise Amounts

You can set both the minimum and maximum raise amounts during Stage Two of the sale creation process. This stage gives you the flexibility to ensure your funding targets align with your project’s needs.

By clearly defining your raise amounts, you provide transparency and structure to your sale, helping to manage expectations for both you and your participants.