🛍 Palm Pad
This document describes the principle of a Community Fair Launch of Future Projects.
Buy new tokens using PALM.
The project gets the PALM, Palmswap burns the participation fees in PALM. Users get the tokens of the new project.
CFL (Community-Fair-Launch) is a method used on the Palm Pad for token distribution and initial pricing.
Check the guide for details.
TLDR: Basically, the more you put in, the more you will get, and everyone gets the same price.
The Community Fair Launch is about finding a fair distribution of the token and an initial pricing. In the “Community Fair Launch” method, users can deposit as much or as little as they want to the CFL-Pool. Their final allocation will be based on the amount deposited as a percentage of all funds deposited into the pool by all participants, at the time the sale ends.
The sale will proceed as normal, and all funds contributed will be spent.
Launch your project with Palmswap - Apply will be released Q1 2023.