> For the complete documentation index, see [llms.txt](https://docs.ivylauncher.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ivylauncher.finance/ucf/green-shoe.md).

# Green Shoe

Within 30 days of IDO sales finished, Ivy Launcher has the right to require the project to issue additional token at the price of the initial IDO, and the number shall not exceed 15% of the total initial.

#### The tentative rules are as follows

#### <mark style="color:blue;">If the price has risen sharply</mark>

The project is required to distribute 15% more tokens to the initial purchasers, and users can purchase at the initial IDO price.

#### <mark style="color:blue;">Or, the price breaks the floor</mark>&#x20;

Ivy Launcher will repurchase 15% of the initial IDO amount from the secondary market.