Detailed Explanation of LBP Mechanism: Dynamic Pricing Issuance and Cross-Chain Mining Strategy

Liquidity Guide Pool ( LBP ) Introduction and Application

Liquidity Boosting Pool ( LBP ) is an intelligent fund pool mechanism that dynamically adjusts token weights over time, similar to a variant of a Dutch auction. If no one purchases, the LBP will gradually lower the token price.

Before participating in LBP, it is recommended to fully understand its operating principles and purchase at reasonable prices to avoid blindly following the trend. If there are insufficient buyers, the system will adjust the pool weight according to preset conditions, thereby lowering the price.

A certain project plans to sell 3.5% of its total token supply through LBP from 15:00 on May 13, 2021, to 21:00 on May 14, 2021, in order to discover its true market value.

The main parameters of this LBP are as follows:

  • Initial investment: 3.5 million project tokens and 800,000 USDC
  • Starting Price: 5.49 USD/Piece
  • Initial weight ratio: 48:2
  • End Weight Ratio: 25:25
  • Start Time: May 13, 15:00 ( UTC+8 )
  • End time: May 14 21:00 ( UTC+8 )
  • LBP circulation ratio: <3.5%

Participation Tips:

  1. LBP adopts a reverse auction mechanism, please remain rational during the transaction.
  2. The system defaults the maximum slippage to 1%. For large orders, it is recommended to appropriately increase the slippage setting.

Purchase Steps

  1. After the LBP starts, visit the relevant trading platform.
  2. Connect Wallet.
  3. Select the trading pair ( project token/USDC).
  4. Ensure the wallet has enough ETH to pay for gas fees.
  5. Enter the correct token contract address.
  6. Set reasonable prices and quantities to complete the transaction.

Cross-Chain Mining Participation Methods

USD-LP

Add liquidity of stablecoins from mainstream networks such as Ethereum/BSC/Heco to the cross-chain liquidity pool, generating cross-chain stablecoin LP(USDT/BUSD/HUSD). Staking the USD-LP on the designated platform can earn project token rewards.

project token/USDT-LP

Generate LP tokens by adding project tokens/USDT liquidity. Staking these LP tokens can yield two types of rewards:

  1. Obtain project tokens in a pending unlock status through mining.
  2. Unlock the project tokens that are frozen in the account.

Direct Staking

You can directly stake the project tokens in circulation to earn project token rewards in a pending unlock state.

USDC0.01%
ETH5.79%
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BlockchainTherapistvip
· 14h ago
LBP is going to Be Played for Suckers again.
View OriginalReply0
BitcoinDaddyvip
· 08-08 20:00
I have no interest in playing the market maker's game.
View OriginalReply0
DAOTruantvip
· 08-08 19:53
It's this kind of trap to Be Played for Suckers again.
View OriginalReply0
VirtualRichDreamvip
· 08-08 19:50
Hmph, you dare to push up the price at this level?
View OriginalReply0
GameFiCriticvip
· 08-08 19:49
Wait for the lowest price to catch a falling knife, classic trap.
View OriginalReply0
pumpamentalistvip
· 08-08 19:36
Lost麻了吧 still copying Dutch auctions
View OriginalReply0
GateUser-c802f0e8vip
· 08-08 19:32
Another Ponzi Scheme?
View OriginalReply0
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