In yesterday's AMA, we spilled the beans on some exciting progress. As you already know our Launchpad is heading to its final stage!
Our four rockstar developers have nailed 80% of the development and are now diving into debugging and scenario testing. We're all about making this launch as smooth as rocket fuel.
Here's a sneak peek into the initial weighting schemes, along with some examples and calculations.
Our Launchpad's Initial Weighting Scheme
The first preliminary weighting scheme for RocketSwap's Launchpad involves calculating the allocation using WETH+RCKT-LP pledged on the farm. Here's a detailed breakdown:
Current project hard top: $300K
Total value of pledges in WETH+RCKT-LP farm pool: $300K
User A's pledge: $1K
Guarantee for User A: $1K/300K = 0.00333% * 300K = $1K
Current program hard top: $100K
Total value of pledges in WETH+RCKT-LP farm pool: $300K
User A's pledge: $1K
Guarantee for User A: 1K/300K = 0.00333% * 100K = 0.333K
The currency of this fundraising method is in $ETH.
After detailed conversations with our developers and token economics experts This Launchpad solution is better for the long-term development of the project. It will attract more funding for RocketSwap.
Our “RocketSwap Launchpad Application Form” has already received a number of high quality progarm applications! Our team of reviewers will screen and scrutinize the quality projects while the Launchpad is being developed.
RocketSwap Launchpad will be an important milestone for our dex!
Stay tuned!
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