Liquidity bootstrapping pool

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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

Non-exhaustive list

AnubisDAO[3]

Klima DAO[4]

FloorDAO

Perpetual Protocol[5]

APY.Finance[6]

Vesta Finance[7]

References