𝗧𝗵𝗲 𝟯% 𝗯𝗼𝗻𝘂𝘀 𝗶𝘀 𝗼𝗻𝗹𝘆 𝗵𝗮𝗹𝗳 𝘁𝗵𝗲 𝗰𝗮𝗹𝗰𝘂𝗹𝗮𝘁𝗶𝗼𝗻. Here's a detail I find worth examining about @RebateLaunch. Suppose two users each spend 100 USDC on a token. If the advertised 3% bonus applies to both purchases, each receives an additional token allocation equivalent to 3 USDC at the reference price. Both users receive the same bonus rate. But that doesn't mean they get the same outcome. One might enter when liquidity is strong and the price is stable. The other might buy during a volatile period, when execution price and slippage affect the effective cost. The bonus percentage hasn't changed, but the economics of the trade can. That's why I'd evaluate Rebate Pad's purchase incentive alongside the execution conditions, not in isolation. The calculation tells me how many extra tokens I receive. It doesn't tell me whether the purchase itself was a good decision. For me, the useful question isn't simply how much extra a launchpad gives buyers. It's how that incentive translates into the actual cost of participating.