Difference between revisions of "Liquidity bootstrapping pool"

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[[Vesta Finance]]<ref>https://medium.com/@VestaFinance/vesta-treasury-bootstrapping-event-detail-b57ebc1b936</ref>
[[Vesta Finance]]<ref>https://medium.com/@VestaFinance/vesta-treasury-bootstrapping-event-detail-b57ebc1b936</ref>
== References ==

Revision as of 02:16, 29 April 2022

A liquidity bootstrapping pool (LBP) is a token launch method for new projects. LBPs require low capital requirements, simply set up a pool with collateral and the launch token.[1] Initially the weights of the LBP will be set in the project's favor, then a price decay will usually occur. Significant buy-pressure can outweigh this price decay, as seen in the aKLIMA launch.[2] The purpose of launching a project via LBP is to allow for fair price discovery (you can sell during LBPs), permissionless participation, and balanced token-distribution.

Past LBPs

AnubisDAO[3]

Klima DAO[4]

FloorDAO

Perpetual Protocol[5]

APY.Finance[6]

Vesta Finance[7]

References