Coinbase New Public Sale Platform Rule: Prioritize Small Buyers' Allocation, Users Selling Within 30 Days Will Receive Reduced Allocation Weight in Future

On November 10th, Coinbase officially declared that its first token sale (Monad) will take place from November 17th to 22nd. In contrast to the typical "first come, first served" model that fails to reach the genuine community, the platform's sale design adheres to the "fair to the majority" principle and is characterized by the following: · "Bottom-up" distribution mechanism: The algorithm gives priority to ensuring that small buyers receive a full allocation. Then, it allocates in increasing order based on the purchase amount until the quota is sold out, effectively preventing whales from monopolizing. · Flexible purchase window: Each sale sets a fixed period (for example, one week), and users can submit purchases at any time. After the window closes, the algorithm uniformly calculates the final allocation. · User-first principle: Genuine supporters will receive a higher allocation priority. Users who sell tokens within 30 days after listing may have their allocation weight reduced in subsequent sales. In addition, Coinbase will require the issuer to provide project background, tokenomics, and core team information to ensure transparency in investment decisions. The issuer and affiliates are prohibited from selling outside the public sale or secondary market within 6 months after the sale. Any special sales must be approved and disclosed by Coinbase, and a lock-up agreement ensures a gradual release of tokens after 6 months. The primary distribution platform will maintain a pace of approximately one sale per month to ensure full support from the platform and community for each event. In the coming months, upgraded features such as limit orders and priority allocation for the project's target user group will be introduced.