Sell Pre-launch Token
How selling pre-launch token works on Zeno.
A sell offer on Zeno is a fully on-chain request to sell pre-launch tokens directly to another user. All transactions are managed by smart contracts, and Zeno cannot alter or cancel any part of the offer.
To create a sell offer, the seller must deposit SUI or USDC as collateral for the pre-launch tokens being sold. This ensures that all trades remain secure, fair, and trustless.
Finalize Trades When the TGE begins, the market enters the delivery phase. At this point, all trades are locked in, and no new offers can be created or accepted for that token.
Receive Your Tokens Once the market closes, if a trade has been made, the seller has 24 hours to deliver the tokens. If the tokens are not delivered within that window, the buyer receives a full refund plus the seller’s collateral, which equals twice the buyer’s deposit. If the seller delivers on time, the tokens are automatically transferred to the buyer’s wallet.
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