# Initial Liquidity Offering (ILO)

The Initial Liquidity Offering took place on January 17, 2023, through a Smart Contract on Ethereum and ran for a week.

{% hint style="success" %}
The protocol raised 158 ETH, worth \~$250,000 at the time of the sale.
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During the sale, 3,000,000 ATF tokens were sold, which accounts for 30% of the total supply. The price was fixed based on the total contribution of the participants and was $0.085 at launch.

All the funds raised through the Initial Sale have been used to deploy liquidity to ATF pairs. To do so, an additional 3,000,000 ATF tokens were used and paired with quotes below:

<table><thead><tr><th align="center">Pool Fee</th><th align="center">WETH</th><th align="center">USDC</th><th width="81" align="center">USDT</th><th width="72" align="center">DAI</th><th width="79" align="center">LUSD</th><th width="81" align="center">WBTC</th><th align="center">TOTAL</th></tr></thead><tbody><tr><td align="center"><strong>1%</strong></td><td align="center">25%</td><td align="center">10%</td><td align="center">5%</td><td align="center">5%</td><td align="center">2.5%</td><td align="center">2.5%</td><td align="center"><strong>50%</strong></td></tr><tr><td align="center"><strong>10%</strong></td><td align="center">15%</td><td align="center">6%</td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"><strong>21%</strong></td></tr><tr><td align="center"><strong>25%</strong></td><td align="center">12.5%</td><td align="center">4%</td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"><strong>16.5%</strong></td></tr><tr><td align="center"><strong>50%</strong></td><td align="center">10%</td><td align="center">2.5%</td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"></td><td align="center"><strong>12.5%</strong></td></tr><tr><td align="center"><strong>TOTAL</strong></td><td align="center"><strong>62.5%</strong></td><td align="center"><strong>22.5%</strong></td><td align="center"><strong>5%</strong></td><td align="center"><strong>5%</strong></td><td align="center"><strong>2.5%</strong></td><td align="center"><strong>2.5%</strong></td><td align="center"><strong>-</strong></td></tr></tbody></table>

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The Initial funds raised are owned by the DAO.
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