IDO Staking Guide- 17 Jan 2024

SuperLauncher DAO
2 min readJan 17, 2024

Dear Birdies,

Pay attention, because what we are about to share will be live in a couple of weeks, along with our webapp and loyalty program. This means we will be ready to host IDOs and $LAUNCH utility will kick in.

We have finalised how $LAUNCH will be utilised in the ecosystem.

We are hereby, overjoyed to declare that:

  1. You will no longer be able to estimate how much $LAUNCH is required to participate in a sale. The more you stake, the larger your allocation. No caps.
  2. You will no longer have to deal with FCFS. The more $LAUNCH you stake, the higher the priority of fill. No Caps. In times of excess demand, the top stakers get filled first and the rest will be refunded.
  3. Opt for a refund coverage for up to Listing + 3 days. Every 10 LAUNCH staked gives you $1 in refund coverage. More Stake = More Coverage.
  4. There are no snapshots so staking cannot be gamed. You will be able to top up your staked $LAUNCH during the sale to increase your allocation, priority and insurance coverage.

We are extremely excited to roll out this new scheme, along with the webapp, which we think is a superior model that creates the right incentives to hold/stake as much $LAUNCH as possible while introducing key features like elimination of FCFS and snapshots.

See you in a couple of weeks, don’t say we didn’t warn you :)

Yours Truly,
Your Birdies

About SuperLauncher

SuperLauncher is an investment DAO that facilitates mass participation in early stage (Token Sales) & listed (OTC) ventures. We power flexible and decentralized management of capital across >20 EVMs. Headquartered on zkSync Era.

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SuperLauncher DAO

Investment DAO facilitating mass participation in early-stage & listed ventures; decentralized capital management across 20+ EVMs. Headquartered on zkSync Era.