Process
Step-by-Step Process to Use the Launchpad
For users:
Project Listings Upcoming IDOs (Initial DEX Offerings) launching on the MonadStarter platform will be announced through our social media channels and dApp website. Stay connected to receive timely updates.
Community Engagement To ensure that our community is well-informed, we will conduct AMAs (Ask Me Anything sessions), marketing, community events, and other outreach initiatives. This will help spread the word about the upcoming projects and their potential.
Token Staking Users should stake their tokens in advance of the sale for their preferred projects. This staking process acts as a registration for participation in the sale.
Staking Options Participants can choose from various staking options, including five different tiers and four time-locking durations. This flexibility allows users to tailor their staking strategy according to their preferences. For more information - refer to Tier System and Staking and Rewards.
Tier Assignment and Points Calculation After successfully staking, user's points will be calculated based on a combination of their tokens staked, tier multiplier and time multiplier, which will determine their contribution sizes during the sale.
Participating in the Sale Users can contribute to the ongoing sale on the launchpad platform during the designated sale period. This is the time to make your investment in the projects you believe in.
First Come, First Serve (FCFS) Round If the sale concludes and there are remaining allocations, a FCFS round will be held. All tier members will have the opportunity to contribute during this round, ensuring that everyone has a chance to participate.
Claim Tokens After the successful conclusion of the IDO, users who contributed to a particular project will be able to claim the tokens of that project in which they invested in directly through the platform.
For Project teams: Potential IDO projects that reach out to MonadStarter via social media or email will undergo a thorough vetting process. This evaluation will consider their tokenomics, project potential, roadmap, development progress, and team expertise. Only the most promising IDOs will be selected as top-tier projects launching on MonadStarter, ensuring that our community members receive only the most valuable investment opportunities on Monad.
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