> For the complete documentation index, see [llms.txt](https://docs.delirium.sandman.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.delirium.sandman.finance/presale/layer-2-presale/rewards-by-staking-delirium.md).

# How does Presale Work?

## The Presale will consist of 2 phases

\
If you are a Sandman Token Holder, you'll be able to join in phase 1. Else you can join in Phase 2, Public USDC Presale.

### Phase 1:  VIP Access - Sandman Token Holder Swap

![](/files/-Min5alGdICaXjUp3cPS)

* If you have Sandman Token (Layer 1 Farming Token), you'll be able to swap Sandman Token at a fixed ratio.
* Once the presale ends, you will be able to exchange your Delight tokens for Delirium tokens on the same site. This will be done at a 1:1 ratio.

### Phase 2: Public USDC Presale.

![](/files/-MibrizUX2-HEYr4UE7C)

{% hint style="info" %}
You'll get a Delight Token at the presale. You'll be able to swap it after the presale ends for Delirium token.
{% endhint %}

* Once the public presale starts, you will be able to buy the Delight coin at [our site](https://delirium.farm)
* Once the presale ends, you will be able to exchange your Delight tokens for Delirium tokens on the same site. **This will be done at a 1:1 ratio on September 16th.**

#### For extra rewards, please check:

{% content-ref url="/pages/-MimybzLDi38KQ-eIiCc" %}
[Over $150K in Rewards](/presale/layer-2-presale/over-usd150k-in-rewards.md)
{% endcontent-ref %}

#### For detailed dates info, please check:

{% content-ref url="/pages/-MiW5yszb4aQFezF3Wxy" %}
[Layer 2 Presale Info](/presale/layer-2-presale.md)
{% endcontent-ref %}