Issuers deposit tokens into the offering contract and investors subscribe in SLN at the issue price — funds and tokens settle atomically (DvP), with whitelist pre-checks that warn ineligible investors before they order.
· Primary subscription = issuer-direct new assets: fixed price, hard cap, clear deadline, settle on subscribe (no T+N).
· Fraction-friendly: minimum 0.000001 unit, estimate by units or by amount (SLN).
· Subscribed tokens are compliance token: both parties must be whitelisted; unsold units return to the issuer at close and proceeds settle automatically.
Solon