Launchpad and syndicates

In shortA launchpad takes commits at a fixed price and turns the sold tokens and all the money raised into one shared pool. A syndicate crowdfunds a pool from both sides at once. In both, the participants own the pool together and share its fees; nobody takes the tokens home.

Launchpad price

fixed by the creator

Syndicate ratio

fixed by the creator

Exit after activation

majority vote, 72 h

Launchpad: fixed-price commits that become one shared pool

The creator deposits the tokens for sale and sets the price in a quote token, the pool fee, the minimum fill that counts as success (10% to 100%), the minimum commit per buyer, and a duration of up to 14 days.

1. Buyers commit the quote token in whole multiples of the price while the sale is open. A commit can be withdrawn before activation. The creator cannot commit.
2. At sellout or once the minimum fill is reached, the creator activates. The sold tokens and all the quote raised become one pool, held by the launchpad contract; unsold tokens go back to the creator.
3. Buyers do not receive the token. Buyers (by what they committed) and the creator (the same weight as all buyers together) each own half of the pool and claim its fees from the Launchpad tab.
4. If the sale ends without activation, anyone can close it, and then buyers claim back what they committed and the creator the tokens. A sale nobody has joined can simply be cancelled.

After activation, only buyers can dissolve the pool: a proposal, a strict majority of committed quote, and 72 hours. Then everyone, the creator included, claims their share of the reserves plus unpaid fees. Until then nobody can take the liquidity out alone.

Syndicate: crowdfund a pool from both sides

A syndicate is for a pair where nobody wants to fund the whole pool alone. The creator sets the two tokens, a target amount of each (which fixes the ratio), the pool fee and the minimum fill. Members contribute both tokens at exactly that ratio; the page works out the second side for you. Members can take their tokens back at any time before activation.

Once the fill reaches the minimum, the creator activates and the pool opens, held by the syndicate contract. Fees are shared by contribution and claimed from the Syndicate tab. After activation a member cannot leave alone: a proposal, a strict majority of contributions and 72 hours dissolve the pool, and then everyone claims their part.

Both products lock the resulting pool to the syndicate or launchpad contract: no single wallet can remove it, bond it, rent it, sell a fee option on it, lock it or use it as loan collateral. Members claim through those tabs, not through Positions.