Launchpad
What is GnoSwap Launchpad?
GnoSwap Launchpad is a user-friendly token launch platform designed for "lossless" exposure to early-stage projects. This innovative feature enables users to acquire project tokens by depositing $GNS for a fixed duration. The yield generated from the deposited $GNS, sourced from protocol fees, is redirected to support project teams. Meanwhile, participants retain their principal $GNS amount, making it a secure and risk-minimized way to engage in token launches.
Key Concepts
"Lossless" Exposure to Early-Stage Projects
GnoSwap Launchpad enables $GNS holders to obtain early-stage project tokens while maintaining their principal $GNS amount, creating a "lossless" token launch participation experience.
In GnoSwap Launchpad, users who deposit and lock their $GNS tokens for a pre-defined period are rewarded with newly launching tokens, while their base capital (in terms of the amount of $GNS tokens) remains staked safely inside the xGNS Staking Contract. While the pool is active, project tokens are distributed to the users pro-rata to their share of the pool.
At the end of the maturity period - regardless of the lock-up period chosen by the user or the price action of the project token - GnoSwap Launchpad returns the same amount of $GNS tokens to the user. Importantly, no $GNS tokens are directly spent in the process of users acquiring the project tokens.
Important Note On Depositing $GNS Tokens
Once you deposit your $GNS tokens in a Launchpad Pool, your tokens are LOCKED until the respective maturity date of the pool. This is because the launchpad contract automatically deposits your tokens to the xGNS Governance Staking Contract for a fixed duration to redirect protocol fees to the project team. You may only withdraw your tokens after the pool reaches its maturity period.
Pool Diversity
Each project comes with three different types of pools to accommodate various risk-reward preferences based on users' approaches. $GNS tokens are locked over a varying amount of time for each pool. Unlike the deposit, rewards accumulated are liquid and can be claimed at any time. Below are the pool types available in GnoSwap Launchpad:
1 Month: Requires shorter commitment with moderate rewards. Ideal for users who trade and adjust their portfolio frequently.
3 Months: Balanced duration and reward allocation.
6 Months: Requires longer commitment, which is compensated by higher token rewards. Recommended for long-term $GNS holders who are also highly optimistic about the underlying project in the pool.
Yield-Redirection-Based Funding
The "lossless" token rewards are made possible thanks to the unique yield-redirection mechanism of GnoSwap Launchpad, creating a flow that looks like the following chart:
All of the $GNS tokens deposited by users into the Launchpad Pools are automatically staked into the xGNS Staking Contract, instantly starting to earn Protocol Fee Rewards. These rewards, however, are not distributed back to the users. Instead, they're redirected to the Project Owner in return for the project token rewards they supply to the Launchpad Pools - hence the term "yield redirection".
Example Use Case
Let's assume that Alice is participating in the $FOO token launch under the following settings:
xGNS Staking Contract APR: 24%
Total $GNS Staked in the 3-month pool: 100,000 $GNS
Alice's $GNS Staked in the 3-month pool: 10,000 $GNS (10% share)
Total $FOO Rewards in the 3-month pool: 500,000 $FOO
Over 3 months, Alice's Protocol Fee reward of 600 $GNS (= 10,000 $GNS * 24% APR / 12 months in a year * 3 months) will be redirected to the Project Owner of $FOO tokens, and Alice will earn 50,000 $FOO (= 500,000 * 10% share) in Launchpad Rewards.
But most importantly, at the end of the staking period, Alice receives the principal amount of 10,000 $GNS, making this token acquisition process lossless.
Enter GnoSwap Launchpad
For users, GnoSwap Launchpad offers an opportunity to scale into promising early-stage project tokens while eliminating the risk of losing their $GNS tokens. This allows $GNS holders to support and profit from the growth of the broader the gno.land ecosystem without reducing their exposure to GnoSwap.
For project owners, GnoSwap Launchpad is a reliable token launch platform where you can seamlessly build a strong community of supporters by distributing your tokens to loyal $GNS holders, aligning your project's success with them. This opens up possibilities for your token's liquidity pools to be voted to receive $GNS Emissions via GnoSwap Governance, which adds a layer of incentives to further enhance your project's liquidity. Additionally, the redirected yield from the staked $GNS tokens in the pool provides a stable funding source over a fixed duration.
Join GnoSwap Launchpad today to seamlessly support or launch trailblazing decentralized application projects on gno.land. If you are a member of a project team interested in launching your project on GnoSwap, please let us know by filling out this form: [google form link to be added]
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