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Coinbase New Public Sale Platform Rule: Prioritize Small Buyers' Allocation, Users Selling Within 30 Days Will Receive Reduced Allocation Weight in Future
BlockBeats News, November 10th, Coinbase officially announced that its first token sale (Monad) will be held from November 17th to 22nd. Differing from 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, featuring:
· "Bottom-up" distribution mechanism: The algorithm prioritizes ensuring that small buyers receive a full allocation, then 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 (e.g., 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, ensuring 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.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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