# Private Sale ## Valuation Since Lara DAO is a community-first initiative, we've set up a unique system of token releases that prioritizes small holders and early supporters. The presale had a `1 $LARA = 0.25 $TARA` valuation and has sold out in a matter of \~6 hours. This proves that there's significant traction and demand for the project, its community initiative, and the token itself. Therefore, we're upping the request to the valuation of `1 $LARA = 0.3 $TARA` for the private sale rounds. ### Allocation As per [LARA tokenomics](/usdlara-token/lara-tokenomics.md), 12% of the total supply is allocated to private investors. ## Terms of Private Sale * There are 120M $LARA allocated for presale starting at a pledge price of 0.3 $TARA (1 $LARA = 0.3 $TARA \~ 0.0016059 USD). * Private investors can pledge for a number of tokens with their specific price above the pledge price: anyone can offer 0.32 $TARA(0.00171392 USD) each for the full 120M or just for 60M, entirely up for personal preferences. * We are taking into consideration & prioritizing private investors with strong connections in the crypto & DeFi space - people who can introduce us to key stakeholders and arrange warm intros. * On the 5th of August, we'll list the tokens 5-10% higher than the highest pledge we get for the private $LARA, if no pledge happens, the DEX listing price of the token will be 0.4 $TARA(0.002144 USD per $LARA). * Once listed on DEX, all subsequent private round token prices will match the listing price or current price. {% hint style="success" %} Once the DEX listing happens, we will not offer private token rounds for less than the current market price. Lara DAO is community-first and we don't want to undermine the value our presale holders have by discounting tokens for private investments. {% endhint %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.laraprotocol.com/usdlara-token/private-sale.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.