> For the complete documentation index, see [llms.txt](https://symbiotik.gitbook.io/symbiotik/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://symbiotik.gitbook.io/symbiotik/english-1/token-sales.md).

# Token Sales

Users may participate in token sales of symbiotik, a powerful reserve currency backed by the Klaytn DeFi Ecosystem Power. Users can purchase the governance token SYM from Presale and Call Option.

## **The purpose of Presale and Call Option**

**Providing liquidity to SYM-related LP**

* SYM-related LP Pool creation will be executed on major DEX (e.g., SYM-KLAY and more)

**Acquiring governance tokens for various DeFi services for POG**

* Strengthen the protocol’s Ecosystem Power by acquiring governance tokens for DEX, Stableswap DEX, and other DeFi services, combined with symbiotik.

**Development and Marketing**

* Use for building symbiotik’s infrastructure, business development, and marketing

## **Details on Presale**

* Time and Date: April 6 (Wed), 20:00 (8 PM - KST) \~ April 9 (Sat), 20:00 (8 PM - KST)&#x20;
* Participating Tokens: Users can participate in Presale with the following tokens. \
  &#x20;                                   KLAY, KUSDT
* Presale Price: 1st Round : 720 KUSDT = 1 SYM / 655 KLAY

  &#x20;                       2nd Round : 800 KUSDT = 1 SYM / 730 KLAY\
  &#x20;                       \* Participants can purchase SYM in increments of less than 1 \
  &#x20;                          ex) 0.01 SYM can be purchased with 6.55 KLAY in 1st round
* Presale Amount: 1st Round: 1,000 SYM Tokens\
  &#x20;                            2nd Round: 4,350 SYM Tokens
* Hard Cap: 4,200,000 USD for the HardCap

  &#x20;                 1st Round: 720,000 USD

  &#x20;                 2nd Round: 3,480,000 USD\
  &#x20;                 An exceeding amount over 4,200,000 USD cannot participate in the SYM Presale
* Lock & Vesting: Launch date + 10 \~ 40 days\
  &#x20;                          There will be 10 days of Lockup, then linearly distributed for the next 30 days
* Refer to our Medium for details.\
  <https://medium.com/@symbiotik/symbiotik-token-presale-starts-soon-82627638f884>

## Available wallets for Presale

* Metamask / Kaikas / Klip / D'CENT

## Available wallets for Presale

* Users can check the amount of SYM received by participating in the Presale at the link below:\
  <https://presale.symbiotik.one/>

## **Details on Call Option sale**

Users can purchase SYM with oSYM, Call Option, at a discounted price. Users can buy oSYM with $KSTA and $KFI. oSYM sale is not a one-time event. There will be more oSYM sales afterward. The token that can be participated in each event, the vesting period, and the exchange rate are different. All KSTA and KFI exchanged for oSYM will be burned. Please refer to the mechanism behind oSYM in the following URL.

**Details on 1st Call Option (oSYM) sale**

* Time and Date: starts on April 20 (Wednesday), 19:00 (7 PM) \~ ends on April (Friday), 19:00 (7 PM)
* ParticipatingToken: Users can participate in 1st Call Option sale with $KSTA&#x20;
* Price: 1 oSYM Price : 250 USD\
  &#x20;          *\* oSYM price is not the same as SYM price.*
* Amount: 12,000 oSYM
* Hard Cap: 3,000,000 USD for the HardCap
* Lock & Vesting: oSYM is locked up for 45 days and then distributed linearly for 45 days. (total 90 days)
* Refer to our medium for more details.\
  <https://medium.com/@symbiotik/1st-call-option-sales-announcement-osym-63cf6d5a5060>

**Details on 2nd Call Option (oSYM) sale**

* Time and Date: It will be after Presale
* Participating Token: Users can participate in 2nd Call Option sale with $KFI (\*Tokens are subject to change)&#x20;
* Price: To be announced with a date&#x20;
* Amount: To be announced with a date&#x20;
* Hard Cap: To be announced with a date&#x20;
* Lock & Vesting: To be announced with a date
