🤝OTC Sales

This section describes how you can purchase or sell OTC investment positions prior to TGE.

Our OTC Marketplace allows Citizens to buy/sell allocations prior to TGE in a secure manner.

You can make and take offers on different blockchains to reduce the GAS fees. Read Multichain for more information.

The rules of our OTC Marketplace:

  1. There are two types of orders: BUY and SELL.

  2. The Taker pays a $30 fee to consummate a transaction (in addition to the cost of gas to confirm the transaction and in addition to the cost of buying the allocation).

  3. The Maker is responsible for paying the gas fee to list/take the OTC offer.

  4. Buyers can present as many offers as they like as long as they have sufficient liquidity to support all of the offers (it does lock up your capital in the contract when you make an offer).

  5. Makers can withdraw offers at any point without penalty (other than gas fees).

  6. If you have an active offer open as a seller, you cannot transfer that allocation to another wallet.

  7. You may access the OTC Marketplace regardless of whether you have staked $BYTES on the Citizen Capital Platform. The OTC marketplace is accessible on the bar to the left. By clicking the OTC button, you will be taken to a new OTC marketplace dashboard.

BUY offer

To create a BUY offer, simply enter the base cost of the offer you want to make multiplied by the multiplier to arrive at the total price you are willing to offer a base position of your project of choice.

SELL offer

To create a SELL offer, toggle the "BUY/SELL" button to "SELL" and then repeat the steps above to make an offer.

Take offer

Taking SELL offer means that you are purchasing someone's allocation and clicking BUY means you are accepting someone's BUY offer, taking his stablecoins in exchange for your allocation.

Last updated