Launchpad
The Camelot Launchpad is different from traditional launchpad models because it allows everyone to participate in upcoming sales without any eligibility requirements
The fair launch auction model is designed to create a level playing field for all participants, regardless of their size or influence
The fair launch model provides a transparent and equal opportunity for users to obtain tokens without having to worry about typical price fluctuations associated with the token listing. The aim of this model is to ensure that all participants have an equal chance to purchase tokens before they become available on the open market.
Regardless of the timing or amount of their investment, all participants receive an amount of tokens worth the same value as their contribution
All participants are guaranteed an equal share as long as they participate within the designated timeframe
How the token price is determined?
For instance: The fair launch auction will start with a $10m FDV, and the minimum price for each token is established at $0.1. Once the auction raises the first $1 million, the price discovery phase begins. During this phase, the price of each token will increase continuously with every purchase made.
Price = Total $ raised / sale circullating supplyIt's important to note that regardless of when you decide to participate, everyone will receive $XYZ tokens at the same final price
An example of a fair launch model without a hard cap:
Frank contributed $1000 during the first few minutes of the sale when the price was $0.1, and John contributed $1000 on the last day of the sale when the price of the token was $0.9. In that case, the final valuation of the public sale auction is $1 per token, and both Frank and John are eligible to claim 1000 tokens each. The token listing starting price will be 1$
Users have the opportunity to take advantage of launchpad-related benefits.
Please refer to the link below for more information about how it works
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- 1.
- 2.Set the amount you want to contribute - ETH, USDC, etc. (depending on the launch)
- 3.Click buy, approve a transaction in the wallet
- 3.Once the sale has concluded, you will be able to claim your allocation (approximately 24 hours after the sale although this may vary)
Camelot is a suite of decentralized contracts built to support Arbitrum native builders. As a permissionless protocol, Camelot bears no responsibility for any tokens purchased using its contracts. All users are taking full responsibility that they are aware of the relevant risks involved and that they are participating for a token that is completely independent and not associated with Camelot in any way. Social media posts and visible information on the Camelot app in no way counts as an endorsement of a protocol by the Camelot team, and nothing posted or shared in any Camelot media is a recommendation or financial advice
Last modified 21d ago