1. Complete KYC requirements before committing capital to the Community Sale, users' KYC statuses are tied to their Solana wallet addresses connected on Buidlpad.

2. Commit capital in USDC (Solana) or USDT (Solana) or SOL, WIF and BONK within the subscription period set out above.

3. Authenticate their X account and follow Buidlpad and Solayer on X.

4. Enter a valid email address.

Purchasers are eligible to receive Solayer's protocol token ($LAYER) in their KYC address at the token generation event.

Solayer Emerald Metal Card is a crypto debit card issued by Solayer. Participants of the Community Sale are whitelisted for the Solayer Emerald Metal Cards.

Users who opt in for the card agree to allowing Buidlpad to share their information including but not limited to personal identity information, email address and optional physical address to third party card operators. Solayer Emerald Metal Cards will be sent virtually to users’ email addresses and sent to users’ physical addresses if requested.

Minimum subscription: 50 USDC or USDT, or equivalent USD value of SOL, WIF, BONK, sUSD, and sSOL

Maximum subscription: 2,000 USDC or USDT, or equivalent USD value of SOL, WIF, BONK, sUSD, and sSOL

Whitelisted community contributors of Buidlpad are entitled to a maximum subscription of up to 5,000 USDC or USDT, or equivalent value of SOL, WIF, BONK, sUSD, and sSOL.

A list of existing Solayer users based on the snapshot of 2025-01-10 at 6:05 AM (UTC) has been provided to Buidlpad by Solayer. The maximum subscription limit for these users is 3,000 USD. However, the list will undergo anti-sybil analysis. Please note that users are not able to change their wallet address previously registered with Buidlpad.

Buidlpad will conduct eligibility checks after registration and KYC close on 2025-01-15 11:59 PM (UTC) and publish the results before the subscription begins. Only addresses who are confirmed as eligible will be able to subscribe and commit funds on our page anytime during the subscription period. Any attempts to circumvent our rules will be detected, and funds will be returned at a later date.

The number of LAYER tokens each participant can purchase will be determined by the ratio of their committed subscription amount to the total subscription pool from all eligible participants. Excess subscription payment will be returned to users' wallet in their payment token(s).

The subscription will go for the full duration of the sale to avoid any sophisticated setup and automated bots transactions from taking up the entire allocation. If the total interest exceeds $10.5M, all participants’ final allocation amount will be proportionally scaled down, and the remaining capital will be returned. For example, if the total subscription amount reaches $25M with 20,000 eligible participants contributing $1,250 each, the final allocation for each of these participants will be $525 and $725 will be returned to each. $10.5M is the total fundraising amount and $14.5M in total will be returned.

Buidlpad reserves the exclusive right to interpret all rules and guidelines related to this Community Sale, make determinations regarding KYC, eligibility of addresses, subscriptions and any related matters at any point, even after funds have been transferred. Any transfers deemed ineligible will not be considered as part of the subscription and will be returned at a later date. All decisions made by Buidlpad in this regard are final.

$10,500,000

100% of the $LAYER receivable from the Community Sale will be UNLOCKED on the day of the token generation event (TGE) for users to claim on Buidlpad. Comparatively, Team and investor tokens are subject to lockup and vesting. $LAYER tokens will be sent directly to the KYC addresses of users.

Citizens and residents from countries or regions including Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, South Korea, Singapore, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine, Mainland China, and UN-sanctioned countries are excluded from participating.

Buidlpad reserves the right to restrict any other jurisdictions without prior notice as Buidlpad determines with regulatory considerations.