FairShare
Example: FairShare Launchpad
A project is raising 1,000 UP tokens at 1 UP = 1 HYPE.
This means the target raise = 1,000 HYPE.
Participants:
Alice commits 500 HYPE
Bob commits 1,500 HYPE
Carol commits 3,000 HYPE
Dave commits 5,000 HYPE
Total committed = 10,000 HYPE
But since the raise target is only 1,000 HYPE, the sale is 10x oversubscribed.
Allocations:
Alice: 500 ÷ 10,000 = 5% → gets 50 UP
Bob: 1,500 ÷ 10,000 = 15% → gets 150 UP
Carol: 3,000 ÷ 10,000 = 30% → gets 300 UP
Dave: 5,000 ÷ 10,000 = 50% → gets 500 UP
Refunds (FairShare):
Each participant gets their leftover HYPE refunded automatically:
Alice committed 500, used 50 → refunded 450
Bob committed 1,500, used 150 → refunded 1,350
Carol committed 3,000, used 300 → refunded 2,700
Dave committed 5,000, used 500 → refunded 4,500
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