🚀Fairlaunch
The Fairlaunch-pad is a perfect opportunity for projects to bootstrap their liquidity in an efficient and safe way.
Users can contribute with IOTA in exchange for Project/IOTA LP Tokens, which are to be claimed once the liquidity event ends. The received LP will have the exact same value in $IOTA as the contribution. The project tokens will be used to form the LP Tokens, consequently the final token price will simply be determined by the following calculation: 50% of Total IOTA allocated / Amount project token.
With this process, the LP pool for the project token can be safely opened and all Fairlaunch participants pay the same token price without the risk of getting bot attacked in the initial liquidity bootstrapping process.
Overall the Fairlaunch can be done in different phases with specific NFT or max cap restrictions. The launch project is deciding in which phases and with which settings the Fairlaunch needs to be conducted.
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