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

If the price has risen sharply

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

Or, the price breaks the floor

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