# Token Release Stages

## Token Release Documentation

### Token Lifecycle Events: TGE, Token Sale, and DEX Listing

To avoid confusion, the Nuon documentation defines the terminology we use to describe key lifecycle events related to the MaxCap token.

#### TGE (Token Generation Event)

* **Definition**: The moment when MaxCap tokens are technically deployed to the blockchain.
* **Timing**: Internally complete once the token contract is deployed.
* **Access**: Users typically do not receive or interact with tokens at this stage.

#### Token Sale

* **Definition**: The event where users can purchase MaxCap tokens via public launchpads, a Dutch auction, or private sale rounds.
* **Access**: Users may commit capital during the sale but might not receive tokens immediately.

#### DEX Listing (Public Launch)

* **Definition**: The point at which MaxCap becomes publicly tradable on decentralized exchanges (DEXs).
* **Timing**: Occurs after the Token Sale concludes.
* **Preferred Term**: Going forward, we'll use "DEX Listing" or "Public Launch" interchangeably when referring to tokens becoming accessible to the general public.


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