We’re thrilled to announce the launch of our first Liquidity Bootstrapping Pool (LBP) on the Sonic platform. https://lbp.sonic.ooo/pools/ll37c-eaaaa-aaaah-adk3q-cai
This exciting initiative represents a crucial milestone in our efforts to provide a robust and versatile trading environment. The LBP model offers a novel approach to project fundraising, providing fair and efficient price discovery.
Our inaugural LBP launched today at 12:00 PM UTC, featuring a limited supply of 100,000 tokens and a 20X bonus for the first pool. The mechanism and user experience of our LBP will be familiar to those who’ve previously used ETH platforms. This is the dawn of a new era in ICP token launches, and we are thrilled to be leading the way.
LBP will be soon permissionless and open-source. It’s currently using a multi-canister architecture for enhanced scalability and performance.
Join us in this journey, and let’s revolutionize the ICP DeFi landscape together.