> ## Documentation Index
> Fetch the complete documentation index at: https://docs.cashmere.exchange/llms.txt
> Use this file to discover all available pages before exploring further.

# The founding sale

> Barn Raising, with its stages, its prices and the Public curve.

> [!NOTE]
>
> Where things stand today: the sale is not open, and nothing is deployed. There is no date.

The founding sale, Barn Raising, sells up to 1,000 founding Barns, with Deed IDs 1 to 1,000. Any Barn it does not sell is never made.

## The three stages

| | GTD | WL FCFS | Public |
| - | - | - | - |
| Who can buy | Wallets on the GTD list | Wallets on the WL FCFS list | Any wallet that sends its own transaction |
| Price | 0.125 ETH per Barn | 0.25 ETH per Barn | 1.5 ETH, falling to 0.25 ETH over 30 minutes, then flat |
| Barns | Up to 700 at launch settings | Up to 900 for GTD and WL FCFS together | At least 100, plus whatever the first two stages leave |
| How many | Up to your listed number | Up to your listed number | One per transaction, and 3 per wallet at launch settings |
| Payment | Exact ETH: count x price | Exact ETH: count x price | At least the price. Anything above it comes back in the same transaction |
| Safes and other contract wallets | Yes, if listed | Yes, if listed | No |

Unsold GTD Barns roll over to WL FCFS. When GTD and WL FCFS together reach 900 (at launch settings), WL FCFS closes and Public opens in the same second. If they do not, Public opens at its set time.

## How to buy

1. Open **Barn Raising** on the island and connect the wallet on your list.
2. Pick how many Barns you want. The page shows the price and the total.
3. Confirm in your wallet. The Deed is minted to you in the same transaction.

WL FCFS and Public can sell out before your transaction lands, and bots may be faster than people. Be prepared, and be quick.

## Not an offer

Nothing here is an offer. Mountain is not open to anyone who is in, lives in or is organised under the laws of a Restricted Place. These include the United States, Canada, the EU and EEA, the UK, Russia, Belarus, mainland China, Hong Kong, Singapore and Malaysia, and every sanctioned place (Cuba, Iran, North Korea, and the Crimea, Donetsk and Luhansk regions of Ukraine). The full list is in section 3.3 of the [Terms of Use](https://terms.cashmere.exchange/). US persons may not use it wherever they are, and neither may anyone on a sanctions list. Read [Risks](https://docs.cashmere.exchange/mountain/risks.md) and the [Terms of Use](https://terms.cashmere.exchange/) before you do anything.

## The Public curve

Public is a Dutch auction: the price starts at 1.5 ETH and falls to 0.25 ETH over 30 minutes, then stays at 0.25 ETH.

**Rebates.** Every Public buyer pays the same final price. It is the price of the last Public buy if all 1,000 Barns sell, and 0.25 ETH otherwise. If you paid more, Cashmere sends you the difference after the sale ends. Barn Raising shows **Your public rebate** once you connect.

## What you get

The Deed minted to you owns a Barn with 10 stalls, one of them open. Nothing builds up in it before the issuance start. A Deed cannot be minted to a token-bound account, such as a goat's own wallet. See [Your Barn](https://docs.cashmere.exchange/mountain/barns.md).

A Barn is not a share, a loan, a deposit or a membership, and it gives no right to anything from the team, the sale ETH, the Treasury or the vaults.

## How the sale ends

The sale ends when the owner Safe ends it, when the 1,000th Barn sells, or, once the Public end time has passed, at the first rebate payment or at the launch. After the sale ends, nothing about it can change.


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