> For the complete documentation index, see [llms.txt](https://docs.ashtoken.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ashtoken.io/the-ash-dao/token-sale.md).

# Token Sale

The ASH Token will first enter a private sale for strategic partners and backers. Further to this, the ASH Token’s initial token liquidity pool will

be locked under a certified liquidity locker, ensuring safety and security for our community of backers.

Following the private sale, the Phoenix DAO will launch a public sale of the ASH Token on PancakeSwap, a Binance Smart Chain based Decentralized Exchange (DEX) for swapping BEP-20 tokens.

To facilitate the ASH Token IDO (Initial DEX Offering), PancakeSwap will offer our community the ability to exchange their BNB for ASH tokens. The ASH Token shall also be listed on other major exchanges in the near future.


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