How levels work
There are 10 levels in total. Each level consists of 400k $PEG tokens, where 300k $PEG tokens can be exchanged for $USDC and 100k $PEG tokens for $PLS. The value of $PEG starts at $0.50 on Level 1 and increases by $0.10 with each level. On level 10, the value of $PEG is $1.40/token.

Wen next level?
To clear a level, a pre-determined amount must be raised through contributions of $USDC and $PLS. However, if the contributions are not in the 3:1 ratio, some contributors may end up with a larger share of tokens than others

Level 6 (example)
Level 6 is cleared when a total contribution of $400k is reached. At this level, each $PEG token is valued at $1.00.

Ideally, $300k worth of $PEG would be distributed to $USDC contributors, and $100k worth of $PEG to $PLS contributors. If the contributions are unbalanced, let's say there's $350k worth of $USDC and $50k worth of $PLS contributed, $PLS contributors will receive more $PEG tokens per dollar contributed compared to $USDC contributors.

What if $PLS moons?
To account for potential price fluctuations in $PLS during the TGE public raise, we will calculate its price after every deposit to confirm whether the required funds for a level have been raised. However, once a level is cleared, we will not retroactively adjust the $PLS price, even if it drops.