2/5 A Liquidity Bootstrapping Pool, is a price discovery mechanism created by Balancer Labs on $ETH and enabled by Beethoven-X here on $FTM. It's designed to rebalance the liquidity pool over time from a very high ratio of the native token (85% $OATH) to a normal one (50% $OATH).
3/ re-weighting will cause price decay over time, as pictured in the curve below. Any purchases made during the length of the event will increase the price floor and flatten the curve. At the end of the LBP, we will have achieved a pretty accurate token price. Next stop, market
4/ We hope to make history with how safe and effective our launch is, minimizing volatility and ensuring investors at every stage of the process are rewarded adequately. Expect a writeup once we're less busy detailing all our decision making processes and analyzing results.
5/ Lastly thank you to the $FTM community and every one that has supported @ByteMasons $ @Reaper_Farm. We have such an amazing community and we’re to grow it together. #crabnation
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