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Project tokens offered on Matic Launchpad IDOs will be split into the following pools:
Matic Launchpad tier system provides guaranteed allocation based on number of tokens held.
ROUND 1 - Guaranteed Allocation.
Round 2 – FCFS
The unsold tokens from the first round are made available in round 2. An additional amount decided by a tier-based algorithm is available to all tiered members. Regardless of tier level, the second round buying window opens at the same time for all members. This round will remain open until all tokens have been sold, which usually takes only a few minutes. The IDO will be completed once all of the tokens have been sold.
WE WILL COLLECT DATA AND FEEDBACK ON THE IDO STRUCTURE TO OPTIMIZE THE SYSTEM OVER TIME, AS WELL AS TAKE COMMUNITY FEEDBACK AND POTENTIAL DAO PROPOSALS INTO CONSIDERATION.
Our system is a predictable and provably fair system that provides appropriate incentives for our users to gather and hold tokens and support each and every project launched. To keep the system effective, we'll alter weights, create new levels, and change other characteristics as needed over time.