1. The Liquid Launch LBP method of Prime Launch has been selected to prevent gas wars and inorganic price discovery. The mechanics reduces FOMO and allow for a balanced distribution of tokens among holders.
2. Price starts high and keeps going down until the market decides itβs time to acquire $D2D - an evaluation we all have to make for ourselves and our analysis of the D2D Thesis:
3. USDC will result in the best price, but other coins can be used - Launch is integrated with balancer. Which, of course, means you can just swap directly using the balancer swap interface - results are the same!
4. Do not let emotions get the better of you.
Participation in an LBP requires a degree of patience. The dotted line shows the plotted curve at which the price will decrease while there are no purchases - pick your spot and make your move!
5. The Balancer LBP is an Ethereum smart contract, which will cost gas fees. But beware! If you set the gwei too low, another transaction could take place ahead of yours, and the price could be significantly different from the one you saw when you initially executed yours
Thank you for participating in the birth of #D2D π
LFG!
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PrimeDAO's role in the DAO ecosystem, and what it means for #D2D holders.
tl;dr: a metaDAO token that shares the value of the DAO ecology emerging from Prime's infrastructure πΈοΈ launch.prime.xyz/lbp/0xD6f3AcA3β¦
A thread journeyβ¦
1/11 π§΅
In an ecosystem where DAOs govern protocols and assets with high plasticity and composability, there is an inherent desire for more interconnectedness. DAOs want to communicate, coordinate and collaborate with one another-
No DAO seeks to be an isolated island.
2/11
As DAOs continue to multiply, the demand for scope and variety of D2D interactions grows exponentially.
However, trustless infrastructure that can facilitate a flourishing permutation space for the DAO ecosystem is not here..
1. The moment is finally here! Prime Launch dApp is now live! π
We started this journey in Q2 2021 together with @BalancerLabs to create the most accessible and effective DAO launch experience - and we made it happen.
3. Seed Launch simplifies token launches by providing a clean interface for fixed seed offerings, where a project token is offered at some fixed rate for a funding token, such as a stablecoin with a customizable vesting period for different stakeholders.