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CANVAISLAND
Community
Fairlaunch

CANVAISLAND
Community
Fairlaunch

We Will Be Giving Away A Generous Amount Of $CANVA Tokens, Which Will Be
Distributed To Anyone Who Claims From Today.
Uniswap listing 2023/08/10

3

DAYS

:

04

hour

:

33

min

:

29

Sec

$4057

Total Value Locked (Subject to Change)

$0.0000541

Average Price (Subject to Change)

$0.0001082

Price After the Launch (Subject to Change)

Airdrop
Connect & Claim
Connect & Claim
During this process, your wallet needs to be verified. Any gas spent on claiming
the tokens will be refunded via the CanvaIsland Smart Contract. We appreciate
your support. Best of luck with your claim.

Token Contract

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Launch Contract

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Frequently Asked Questions
Does it matter what price I get?
Not really, since price is relative you will get the best anyways.
How long is the deposit pool open?
The pool is open for 3 days.
Does it matter on which day i deposit?
You get the same price if you deposit your ETHs on the 1st or 3rd day.
Can I withdraw my funds once i have paid into the deposit pool?
No you cannot. In order to prohibit price manipulation by whales who would
withdraw at last second, withdrawals are not possible.
Are the purchased CANVA tokens vested?
Yes, your tokens are vested. 1 day cliff, then linear 3% per day
Do I have to use this Community Fairlaunch or can I also buy on Uniswap like I
usually do?
You will also be able to buy at Uniswap at the higher price. There your tokens
will not be vested.
How do I get my purchased CANVA on my wallet?
You have to claim it on the Claim Page of canvaisland.com or on etherscan.
Because you have to pay gas fees every time you “claim”, we don’t recommend
claiming your rewards multiple times a day.
The CANVA tokens are distributed 3% every day and will be available to claim.
What should I do with my claimed CANVA tokens?
No Financial Advice. You can of course sell them right away or you can be a
smart Canva holder and stake them in the Canva staking pool and mulitply your
CANVA Tokens. The first Months after launch is called the “Distribution Phase”.
Because of high staking APRs it is easy to accumulate many CANVA tokens . After
that phase, minting of new CANVA will be greatly decreased and CANVA will become
much more scarce while the use-cases and revenue-share machanisms increase. You
will have to decide on your own if you are in this project short or long-term.
Is this an ICO?
No it is not.
An initial coin offering (ICO) is the cryptocurrency industry’s equivalent of an
initial public offering (IPO). A company seeking to raise money to create a new
coin, app, or service can launch an ICO as a way to raise funds. Interested
investors can buy into an initial coin offering to receive a new cryptocurrency
token issued by the company. To do an ICO you need to do a KYC.
The key difference is that with an ICO, a sum of tokens are sold at a fixed
valuation. The Community Fairlaunch is just a way to buy tokens on a
decentralized exchange (pancakeswap). The tokens are bought from a so called
“liquidity pool” - calculated with the Constant Product Formula. With more money
in the Community Fairlaunch, the decentralized smart contract buys more tokens
at a higher price (constant product formula). Furthermore, the ETH raised stay
in the protocol, while an ICO, as described above, is a way to raise funds.
How much Liquidity is added as initial Liquidity?
Liquidity Percent: 66.6%
Tokens For Liquidity: 25,000,000 $CANVA.
How much Liquidity is added as additional Liquidity?
This greatly depends how much was gathered in the deposit pool. The more money
collected in the deposit pool of the Community Fairlaunch, the higher the
percentage that is added as additional Liquidity which is owned by the protocol.
How is the 2x generated?
Everybody in the Community Fairlaunch gets the same "Average Price" which is
calculated the following: Average Price = "Invested Sum" / "Number of bought
tokens".
After the deposit pool has used its ETH to buy CANVA, the price jumps to the
"New Price". On decentralized exchanges Uniswap the price is calculated by the
"Constant Product Formula".
Is a 2x guaranteed?
If people sell, the price will drop, just like with any token. Therefore the 2x
is not guaranteed but after added liquidity the "New Price" will start 3x higher
than the "Average Price".