Launchpad plugin

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Last updated 1 year ago

Launchpad plugin

Users have the option to assign YUM to the Launchpad feature, enabling them to access various perks associated with projects debuting on the DonutSwap Launchpad. This also extends to partners who, despite not initiating their projects via DonutSwap, wish to extend certain advantages to those who allocate YUM to the Launchpad feature.

The range of benefits includes priority access to new launches (whitelist spots), price reductions, token distributions (airdrops), and various other incentives. Information about these perks, especially those linked to forthcoming sales, will be proactively communicated through the launchpad plugin application well before each event.

Having YUM in your wallet doesn't automatically provide benefits; it needs to be assigned to the Launchpad plugin for advantages.

Mechanics of the plugin

Once you commit YUM to the Launchpad plugin, you start a 30-day cooldown period. This period restarts each time you add more YUM. During these 30 days, you cannot withdraw your YUM.
Withdrawing part of your YUM commitment does not restart the 30-day cooldown.
The quantity of YUM you commit determines your proportion of the benefits, meaning a larger commitment gives you a bigger share.
If the overall YUM commitment to the plugin rises, each individual's portion decreases correspondingly; the reverse is also true.
The allocation rate shown on the interface is a base rate, and the actual allocation/YUM ratio is often somewhat higher. This happens when an individual commits more YUM than necessary for the user limit, and the surplus is shared among other YUM contributors.
For each benefit, a record is made at specific dates indicated on the launchpad plugin app, typically occurring 24 hours before the start of the sale.
Every launch offers a distinct advantage to those who have allocated YUM.

The method for determining the active allocation ratio employs a specific formula. As an example, let's examine the WINR scenario.

Initially, for the first 250 YUM allocations, participants are granted a whitelist allocation of $4k for each YUM.
After the allocation of 250 YUMs, the allocation ratio is calculated using a method similar to the price discovery in a fair auction. This formula is: (your allocation / total allocation) * total available whitelist allocation.
This implies that as the number of users making allocations increases, each user's share of the allocation proportionally decreases. Therefore, after 250 YUMs have been allocated through the Launchpad plugin, the allocation mechanism will function bidirectionally. It's important to note that these figures might change depending on the specifics of the Launch sale.

To further understand how the total allocation share is computed, consider the following example:

Suppose the total allocation is $1M. If a user allocates 1 YUM, and in total, 500 YUMs are allocated to the plugin, then the user's share would be 0.2% of the $1M allocation.

PreviousYield Booster NextCommunity plugins

Last updated 1 year ago

Having YUM in your wallet doesn't automatically provide benefits; it needs to be assigned to the Launchpad plugin for advantages.

Mechanics of the plugin

Once you commit YUM to the Launchpad plugin, you start a 30-day cooldown period. This period restarts each time you add more YUM. During these 30 days, you cannot withdraw your YUM.
Withdrawing part of your YUM commitment does not restart the 30-day cooldown.
The quantity of YUM you commit determines your proportion of the benefits, meaning a larger commitment gives you a bigger share.
If the overall YUM commitment to the plugin rises, each individual's portion decreases correspondingly; the reverse is also true.
The allocation rate shown on the interface is a base rate, and the actual allocation/YUM ratio is often somewhat higher. This happens when an individual commits more YUM than necessary for the user limit, and the surplus is shared among other YUM contributors.
For each benefit, a record is made at specific dates indicated on the launchpad plugin app, typically occurring 24 hours before the start of the sale.
Every launch offers a distinct advantage to those who have allocated YUM.

The method for determining the active allocation ratio employs a specific formula. As an example, let's examine the WINR scenario.

Initially, for the first 250 YUM allocations, participants are granted a whitelist allocation of $4k for each YUM.
After the allocation of 250 YUMs, the allocation ratio is calculated using a method similar to the price discovery in a fair auction. This formula is: (your allocation / total allocation) * total available whitelist allocation.
This implies that as the number of users making allocations increases, each user's share of the allocation proportionally decreases. Therefore, after 250 YUMs have been allocated through the Launchpad plugin, the allocation mechanism will function bidirectionally. It's important to note that these figures might change depending on the specifics of the Launch sale.

To further understand how the total allocation share is computed, consider the following example:

Suppose the total allocation is $1M. If a user allocates 1 YUM, and in total, 500 YUMs are allocated to the plugin, then the user's share would be 0.2% of the $1M allocation.