FAQs | Aspecta

Frequently Asked Questions

General Participation Metrics & Fees Troubleshooting

General

What can I do with Aspecta?

What is BuildKey? BuildKey is a digital asset traded via bonding curves. Beyond trading, it can be converted to valuable project assets, like project tokens, nfts, whitelists, etc.

Is BuildKey like Memecoin? BuildKey can be traded as seamlessly as Memecoin, but has more anchoring value since it binds with project assets.

What's the goal of BuildKey? To provide communities fair and early access to valuable project assets.

How is BuildKey traded？

Users can trade BuildKey of different projects via BNB on Aspecta - https://trade.aspecta.ai. The process is as seamless as what you do on DEXes or Memecoin Launchpads.

Is KYC required?

Aspecta’s BuildKey: No KYC.

Project's Token reception: Mostly no KYC, project-dependent.

What is BuildKey Fair Launch Raffle and anti-bot?

To ensure everyone a fair chance to buy early BuildKey and protect communities from robots & snipers:

Within the first few mins after the pool’s launch, the pool takes a “Buy with Raffle” mode.
The raffle randomly selects txns to execute, regardless of txn order, gas price, and pay price.
A deposit ($0.5~1 for one BuildKey) is required for participation. After PoH verification (https://app.galxe.com/quest/aspecta/GCScgtVv2Q), the deposit will be 100% refunded. "

Step-by-Step Guide: Fair Launch Early BuildKey Raffle Guide.

Participation

BuildKey timeline to notice?

Launch Date: BuildKey will be tradable after the launch date. A raffle system will be used in the first few minutes to ensure fairness.

Redeem DDL: After the redeem deadline, BuildKey can no longer be redeemed. However, you can still trade BuildKey.

What do I need to prepare to participate in BuildKey? How is the BuildKey price determined?

You will need BNB on the BSC network. The BuildKey price is project-dependent, typically ranging from:

During Raffle: Project-dependent. Mostly $1~$2/BuildKey. Max Purchase 100 BuildKey/address.
After Raffle: Project-dependent. Mostly $2~$20.

What are the steps for Fair Launch Raffle Participation?

Join the Raffle: Simply visit page and place the order (max 100 BuildKey per address) within first 3 mins after the pool launches.

Checking Results: If you win the raffle, you will see BuildKey in your position after the raffle processing. You can also use the dashboard's Raffle History section.

PoH: Complete simple social tasks at https://app.galxe.com/quest/aspecta/GCScgtVv2Q

Refund: BuildKey costs are auto-refunded for unselected orders.Deposits can be claimed from the dashboard page by clicking "Claim All".

How to redeem assets with BuildKey?

Redeem starts: go to the BuildKey trading page and click "Redeem."

During redemption: non-refundable. Once redeemed, BuildKey will be non-refundable and transferred to the project's wallet address and can no longer be traded.

Redeem ends: snapshot taken. To ensure you receive tokens at TGE, redemption usually closes before TGE. BuildKey not redeemed can still be traded for profit. NOTE THAT: Make sure you monitor the Redeem DDL.

What is Redemption Upgrade?

Key-to-asset redemption ratio increases with the project’s mkt cap. The more BuildKey purchased, the more redeemable asset per BuildKey.

Once the ratio upgrades, it will be auto applied on all BuildKey, including the redeemed BuildKey.

Does the timing of the redeem affect the assets received?

No, the timing of redeeming does not affect the amount of assets you receive. We ensure fairness for all users.

Metrics & Fees

What is the fee composition?

Gas Fee: ~$0.2 per txn.

Trading Fee: 2.5%. Varies with recurring fee discount campaigns.

What are the BuildKey Metrics?

Market cap: Total value of BuildKey in circulation.

Max BuildKey Supply: Project-dependent. The max supply of BuildKey is tied to the project tokens available for redemption. Similar to DEX, as the max BuildKey supply approaches, BuildKey prices will rise quickly.

Est. Received Asset: Total asset allocation based on redeemed BuildKey amount and BuildKey-to-asset ratio.

Troubleshooting

Upon unselected/failed raffle, why is the BuildKey cost fully refunded but the deposit withheld?

The reduced refund includes a deposit withheld as a security measure to prevent malicious bot activities.

Completing specific community tasks here and verify via the dashboard to claim refunds.

Total asset allocation based on redeemed BuildKey amount and key-to-asset ratio.

Why can't I see the tokens in my wallet after redemption?

Check the project TGE date, you will receive the tokens after the project TGE.

After the project TGE, the processing can take up to 48 hours, depending on the project. Tokens may NOT appear immediately.

What should I do if I experience unknown issues?

Let us help you!

DM Aspecta team in Telegram @build_key. We are happy to support you.