Preparing for LBP Creation
Before beginning the Liquidity Bootstrapping Pool (LBP) creation process on TAND3M, it’s essential for startups to gather and organize key elements to ensure a smooth setup and launch.
Proper preparation helps prevent delays and ensures that all the necessary information is readily available when configuring your LBP campaign.
Below is a checklist of what you’ll need:
▫️ Token & Collateral
Token Contract: Ensure your token is created and deployed on the TON blockchain. The token contract must be active and functional before you start.
Token Wallet Address: The wallet holding the tokens you plan to sell during the LBP should be ready and funded.
Collateral Wallet: Set up a separate wallet to hold the TONcoin you’ll be using as collateral for the LBP. Make sure the wallet is funded with enough TONcoin for your campaign.
▫️ Tokenomics Strategy
Collateral Amount: Decide the amount of TONcoin to be used as collateral, which will provide liquidity for your pool.
Total Token Allocation: Finalize the number of tokens to be sold during the LBP event.
Expected Price Range: Have a clear understanding of the expected token price range throughout the campaign to help guide your price discovery process.
Initial and Final Weights: Decide on the initial and final token weights for the LBP, which will impact the starting and ending prices of your tokens.
Start and End Dates: Determine the start and end dates of your campaign. Make sure you account for enough time to promote the event and build anticipation.
Campaign Duration: Decide on the total duration of the LBP (e.g., 3 days, 6 days) to create the optimal price discovery window.
▫️ Campaign Details
Campaign Name: Choose a compelling name for your campaign that reflects its purpose.
Category: Determine the category your project falls under (e.g., Gaming, DeFi, NFTs) to properly categorize your campaign.
Campaign Description: Prepare a detailed preformated description outlining the goals, unique features, and value proposition of your project. Make sure the description is clear and engaging for potential backers.
Geo-Blocked Countries: Identify any countries that should be restricted from participating in your token sale due to regulatory or strategic reasons.
▫️ Visual Assets
Campaign Banner: Create a banner image (620x200 pixels) that visually represents your project and will be displayed on your campaign page.
Token Logo: Prepare a logo image (400x400 pixels) for your token, which will help reinforce your brand identity.
Social Links: Gather links to your project's social media channels (e.g., Twitter, Telegram, Discord) to engage backers and provide updates.
▫️ Approval and Legal Compliance
Terms and Conditions: Ensure that you and your team have reviewed and are ready to agree to TAND3M’s terms and conditions before launching.
Regulatory Requirements: Confirm that your project complies with relevant regulations, especially if targeting specific regions with geo-blocking restrictions.
Please review our Disclaimer, Risk Disclosure and Legal FAQ for important information regarding platform use.
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