# Details of Public Round Features

## Price Bonding Curve

The price of the token within the Public Round will follow a bonding curve determined by the level of participation in each stage. The level of the price increase for the stages will be proportional to the portion of tokens sold in the previous period. 

The Price Gross Increment is set at 10%.

{% hint style="info" %}
Example 1:\
If 100% of the tokens allocated to the period are sold out, the NOX price for the next period will be 10% higher.
{% endhint %}

{% hint style="info" %}
Example 2:

If 35% of the tokens allocated to the period are sold out, the NOX price for the next period will be 3.5% higher.
{% endhint %}

## Burning and Participation Rewards

Within each period of the Public Round, any unsold tokens will be either burned or redistributed amongst everyone who participated in the given period. \
\
Bonus pool will be calculated based on the sold amount, while remaining unsold tokens will be permanently burned. 

{% hint style="info" %}
Bonus tokens that may be rewarded in the Public Round will be provided prestaked for a minimum staking period of 28 days, subject to early unstaking fee within this period.
{% endhint %}


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