Snapshot Mechanism

The Neuron Finance LaunchPad is a platform for participants to invest fairly in the primary market.

Users can stake $NRO in the Snapshot points pool to earn the Snapshot points. The Snapshot points pool will be open when the public sale of $NRO tokens begins.

The Neuron Finance LaunchPad will perform the snapshot mechanism in two rounds to calculate the Snapshot points of each user. The first round will start before the official launch of a project, and the second round will start after the project is launched.

The first round of the snapshot mechanism:

Before the reveal of a project on IDO launchpad, 1st round Snapshot points will be calculated at a random moment every day by smart contract based on the time and amount of $NRO staked. If users unstake the $NRO before the smart contract calculate the snapshot points, they will lose their chance of earning the weight. The 1st round snapshot point will have extra weight. ( users will earn more snapshot points)

Second round snapshot:

When a project is launched on Neuron Finance LaunchPad, the smart contract will perform the 2nd round snapshot mechanism. Users can go on the LaunchPad to invest in the project they are interested in.

The amount of the token of a project that a participant will be allocated is calculated by his/her snapshot points divided by the total snapshot points of all participants of this IDO project multiplied by the total amount of the token sold by the project.

When the IDO ends, no matter whether users participate in or not, all user’s Snapshot points will go back to zero. Before the reveal of the next IDO project, all users will have the chance again to win an extra weight on their snapshot points calculated by “the 1st round of the snapshot mechanism”.