**The Exorde Token Sale is expected to take place on Feb 15th at 9 am UTC.

‍**The Token Sale is, by necessity, compliant with AML/KYC regulations. The sale will be conducted on a dedicated Public Sale page at sale.exorde.network. The sale will accept only USDC, USDT, and DAI, all ERC20 tokens on Ethereum.

‍The Exorde Network Token (EXD) is an 18-decimal, standard, supply-capped ERC20 token on Ethereum. The EXD token is to be deployed soon. It will last by default 1 month, if the sale does not close before, but this duration can be extended. *Users will be able to pass the KYC before the start date, to be ready for the start date.

‍***The Public Token Sale is a 3-Tiered Token Sale. The Tiers are automatically activated when a previous Tier is complete, in a "First come, first served" basis.

**Tier 1 = $0.33/EXD for the first 0.5 million (500 000) EXD tokens sold

• Tier 2 = $0.34/EXD for the next 1.5 million (1 500 000) EXD tokens sold

• Tier 3 = $0.35/EXD for the last 10 million (10 000 000) EXD tokens sold. ‍

Total EXD sold (in the Public Sale): 12 000 000 EXD tokens. (6% of the total supply) ‍ All buyers must be whitelisted (by going through a user-friendly standard KYC process, by sumsub.com)

• All buyers are limited to $50k ($50 000), fifty thousand dollars of purchase, overall (they can buy multiple times).

• A tier ends when all tokens have been sold.

• If tokens remain unsold after the sale, Exorde Labs can withdraw the remaining tokens & allocate them for future sales (or to Network development).

• Buyers get the EXD token instantly when buying.

• The contract handle buying overlaps between tiers automatically and also refunds if a user sends more than what remains in the sale.

• The owner can pause the contract in case of emergency