# Exorde token Sale: February 15th, 2023

By [BLC](https://paragraph.com/@blc) · 2023-02-11

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\*\*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
    

![](https://storage.googleapis.com/papyrus_images/9cf83635455465cb2b71e841a51bfc418057362d9542f8ef44bf1e6ad3be27d5.png)

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*Originally published on [BLC](https://paragraph.com/@blc/exorde-token-sale-february-15th-2023)*