IDO Staking Guide- 17 Jan 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:
- 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.
- 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.
- 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.
- 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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