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MonadStarter is a community-focused fundraising platform and incubator specifically designed for projects on the Monad blockchain. It offers a comprehensive suite of products aimed at facilitating decentralized crowdfunding.
What is MonadStarter?
MonadStarter is Monad blockchain based launchpad which enables crypto projects to raise capital through crowdfunding.
They utilize Liquidity Bootstrapping Pools (more on this below) to help build communities and distribute tokens efficiently. MonadStarter began building in June, 2024 and fill an important role for new projects launching on the Monad blockchain.
Whether you are a seasoned investor or new to the blockchain space, MonadStarter provides a user-friendly platform to discover and participate in exciting fundraising opportunities on Monad.
Users can secure exclusive opportunities to invest in promising projects before they hit the broader market. Our platform empowers users to make informed decisions, providing detailed project insights and community engagement to enhance their investment experience.
MonadStarter Docs
What is the MonadStarter Launchpad?
The MonadStarter Launchpad is a secure and efficient platform for projects to raise liquidity through pre-launch token sales. This creates a transparent process for both creators and investors. Their token $MOST plays an integral role for investors.
- Aggressive vetting process: All projects submitted for review are carefully combed through to ensure that quality investments are offered to the community
- Tiered staking: $MOST stakers can access the tier system which determines token allocations
- Fair token allocations: Stakers are guaranteed a share in each project launch, builders can craft smart contracts to maximize reach and fairness
- Vesting schedule: Custom token vesting schedules allow for variable releases and long term growth
What is $MOST?
The $MOST token is the native cryptocurrency of the MonadStarter platform. It is designed to enhance user participation and investment opportunities within its ecosystem.
- Early access to token sales: $MOST stakers gain exclusive early access to invest in projects launching on MonadStarter
- Staking rewards: Staking is incentivized by receiving more strategic entries and larger token allocations
- Revenue distribution: 50% of the revenue generated through MonadStarter fees and Liquidity Bootstrapping Pools (LBPs) revenue
Although it hasn't been realized, holders of $MOST may receive airdrops from new Monad projects looking to jumpstart their community.
The Point System is an important mechanism that determines the impact of a user’s stake on their participation in fundraising activities.
The final points calculation is dependent on the specific pool weight, time of locking and number of tokens locked. This will help amplify the allocation rights of users based on their commitment to the MonadStarter launchpad.
MonadStarter Docs
What are Liquidity Bootstrapping Pools (LBP)?
Liquidity Bootstrapping Pools (LBP) are a novel way to manage token launches and incentivize early community growth for new blockchain protocols. LBPs are a liquidity pool that allows crypto projects to raise funds by launching their tokens on a decentralized exchange (DEX).
Traditional liquidity pools maintain a fixed ratio of asset collateral, LBPs deploy varying ratios that change over time.
This dynamic pricing helps manage a fair market price for the token. Investors are able to enter in later rounds and receive asimilar volume of tokens in return for smaller investment amounts.
TL;DR the price of a token starts high and gradually decreases
Advanced features for token launch strategies
- Dynamic Asset Weighting: LBPS allow creators to set initial asset rations that can be adjusted over time. This flexibility allows teams to manage liquidity and control the price trajectory of their tokens during launch phases.
- Customizable Parameters: Developers define key aspects of LBPs including Starting and Ending Weights as well as Duration. This helps manage how quickly they want a token to reach a stable price.
- DEX Integrations: LBPs are often integrated with DEXs (Decentralized Exchanges) which introduce liquidity to the pools.
What is Monad?
Monad is one of the newest L1 blockchains aligned with EVM (Ethereum Virtual Machine) to scale transaction speeds and lower costs. They are taking the best parts of parallel executions blockchains (such as Solana) and making it compatible for existing Ethereum applications.
Monad operates in a similar fashion to Ethereum and users will interact with the new blockchain using established Ethereum wallets, explorers, etc. They officially began building in February 2022 and the team has expanded to at least 30+ full time blockchain engineers.
Conclusion
MonadStarter offers an innovative and accessible platform for both project creators and investors on the Monad blockchain. By leveraging Liquidity Bootstrapping Pools (LBPs), MonadStarter ensures a fair and dynamic token launch process,
See more about Monad in the suggested articles below.
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