Public Sale Guide

Everything you need to participate in the $TOBY public sale. Step-by-step instructions, timeline, allocation priority, and community rewards.

The $TOBY public sale opens March 25 at 2PM UTC. Here's everything you need to know to participate.

The sale is conducted by the Toby Foundation using a pro-rata deposit model designed for fair participation. 50 million $TOBY tokens (5% of total supply) are available, fully unlocked at TGE.

Timeline

Date	Event
March 11, 2PM UTC	Registration opens
March 25, 2PM UTC	Sale starts
March 28, 2PM UTC	Sale ends

Registration opens two weeks before the sale. Use this time to connect your wallet, prepare your tokens, and get familiar with the process.

How It Works

The $TOBY public sale uses a pro-rata deposit model. Here's what that means:

1. You deposit accepted tokens during the sale window (March 25-28).

2. All deposits automatically convert to genSOL, which earns staking yield while the sale is active. Your deposit works for you from the moment it lands.

3. When the sale closes, the final token price is calculated: total deposits / 50,000,000 tokens.

4. $TOBY tokens are distributed pro-rata based on your share of total deposits.

5. If the sale is oversubscribed, excess deposits are refunded.

No rush to deposit first, no gas wars, no bots sniping allocations. Everyone gets a fair shot based on their deposit size and allocation priority.

How to Participate

Step 1: Register

Head to publicsale.toby.so starting March 11 at 2PM UTC. Complete the registration process before the sale opens.

Step 2: Connect Your Wallet

Connect a Solana wallet. One wallet per participant. Make sure this is the wallet you want to receive $TOBY tokens in.

Step 3: Prepare Your Tokens

Have one or more of the accepted tokens ready in your wallet:

• USDC

• USDT

• SOL

• genSOL

Keep enough SOL in your wallet for gas fees on top of your deposit amount.

Step 4: Deposit

Once the sale opens on March 25 at 2PM UTC, submit your deposit through the sale interface. All deposits convert to genSOL automatically and earn staking yield during the sale window.

Step 5: Receive $TOBY

After the sale closes on March 28, tokens are distributed pro-rata. If your deposit exceeds your allocation (in oversubscribed scenarios), the excess is refunded. Your $TOBY tokens are fully unlocked at TGE.

Allocation Priority

If the sale is oversubscribed, allocations follow this priority system:

1. Mainnet participation + Pearls ownership - Active Toby mainnet users who hold Pearls

2. Testnet and community contributions - Early supporters who contributed during testnet

3. Validator operators - Solana validators running infrastructure

4. Deposit timing - Earlier deposits within the sale window

5. Long-term Solana ecosystem participants - Searchers, large stakers, and active ecosystem members

The sale is designed to reward real ecosystem participants, not just capital.

Community Rewards

Participation in the Toby ecosystem is recognized through multiple reward paths:

Pearls Holders Holding Pearls gives you higher allocation priority if the sale is oversubscribed. The more engaged you've been, the stronger your position.

Testnet Multiplier Testnet participants receive additional tokens based on their testnet activity combined with their sale participation. Early contributors are rewarded.

Validator Incentives A portion of the allocation is reserved for Solana validator operators who support network infrastructure.

Ecosystem Rewards Builders, protocols, and participants actively growing the Toby ecosystem receive additional recognition in the allocation process.

What You Need

Before the sale opens, make sure you have:

• A Solana wallet connected to publicsale.toby.so

• USDC, USDT, SOL, or genSOL for your deposit

• Enough SOL for gas fees (separate from your deposit amount)

• One wallet per participant: multiple wallets per person are not permitted

Jurisdiction Restrictions

US Accredited Investors US accredited investors may participate with a mandatory 12-month lockup period. In exchange, US participants receive a 10% bonus multiplier on their allocation.

Non-US Participants (Optional Lockup) Non-US participants can opt into the same 12-month lockup to receive the 10% bonus multiplier and priority allocation. This is entirely optional.

Blocked Jurisdictions The following jurisdictions are not eligible to participate: Russia, Cuba, Iran, North Korea, Syria, Ukraine, and the United Kingdom.

Join the Sale

Registration opens March 11 at 2PM UTC. The sale runs from March 25 to March 28.

Register now at publicsale.toby.so to secure your spot.