> For the complete documentation index, see [llms.txt](https://wiki.useace.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki.useace.com/token-distribution-and-issuance/public-sale.md).

# Public Sale

The public sale of tokens serves dual purposes of fundraising and broad distribution.

The initial public sale of the tokens (IDO, IEO) will be decided by the ACE DAO, with future sales to follow. In total, these public sales will distribute 10% of the initial token supply.

The funds from the initial public sale will be used for the liquidity pool seeding.

After the first public token sale, $ACE will be listed on Exchanges and DEX liquidity rewards will launch so that new token holders will be able to trade or stake tokens for liquidity rewards in addition to bridging into the ACE App.


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