Presale Mechanics

This is the final CULT vote for the Familiar 404 drop.

We are answering and voting on these important questions:

Do we limit the CANDLE raised in the presale? If yes, what is the limit? Do we limit the CANDLE each user can contribute in the presale? If yes, what is the limit?

If we do not limit the presale contributions, we can end up in a situation where the DAO does not have enough CANDLE to pair with the airdropped portion.

The DAO has roughly 150k CANDLE. Divided by the 1052 FAM we will airdrop, we have a max price of 143 CANDLE per FAM. Multiplied by the 1250 FAM we will sell in the presale, this comes to roughly 178k CANDLE. Any more than this and we can only partially back the airdropped FAM.

Option 1 // No limitations, Partial backing to airdrop if necessary Option 2 // 178k Hard Cap. 2k Max per user. Fully backed airdrop Option 3 // 178k Hard Cap. 10k Max per user. Fully backed airdrop Option 4 // 178k Hard Cap. 20k Max per user. Fully backed airdrop Option 5 // Needs more discussion