FAQs

What is FAILED Status?

A Liquidity Sale is failed when the sale time is finished but the min raise is not reached.

A Project is failed when any of its liquidity sales is failed.

Once the project is failed, liquidity won't be able to be launched and users could get the refund.

What is Krystal ILO's business model?

Krystal ILO collects three types of fees:

  • A ~$10 fee, in native token, for creating a new project (to deter spam).

  • 1% of the liquidity withdrawn from the LP position.

  • 10% of LP fees when investors make claims.

Are Krystal ILO Smart Contracts audited?

Krystal ILO Smart Contracts have been audited by Code4rena. Read more at Smart Contract

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