Calculating Allocations
During the Burn Window for an IDO, if you're KYC-approved, you can burn any amount of Hydrazine ($N2H4) to secure an allocation.
There is no minimum required amount of $N2H4 to burn. IDO allocation size is directly and linearly proportional to the amount of Hydrazine applied for that given IDO. Each contributing wallet is capped at a certain percentage of the total IDO pool. This percentage will be visible on the IDO page.
The process:
Shortly before the Burn Window opens, a maximum amount of Hydrazine that can be burned for this IDO is set based on the total $N2H4 supply at the time. This is how we're able to calculate individual caps.
During the Burn Window, eligible users can burn $N2H4 up to their individual cap to register for the IDO.
When the Burn Window closes, allocations are calculated proportionally to the amount of $N2H4 burned by each wallet. If you burn 1% of the $N2H4 contributed during a Burn Window, for example, you'll be able to purchase 1% of the total IDO pool.
If the maximum amount of $N2H4 burned by all users is not reached, each contributing wallet secures a larger allocation proportionally.
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