Lend Flare opens IDO one or two weeks after start borrowing. Investors must use Ethereum to purchase LFT. The amount of LFTs released is 15% of the total amount of LFTs, i.e., about 450 million. 90% of the total Ethereum and LFT will be added to the permanent liquidity in Uniswap. The LFTs for IDO are released instantly. The remaining 10% of ETH is used for team startups, advertising, etc. 10% of LFTs will be send to blackhole.