Key Features
3. Key Features
3.1 Creating a Launch
Creating a launch is the first step to initiating a successful token sale for your project. Follow these steps to streamline the process:
3.1.1 Launchpad Creation Steps
1. Click on the "List Your Project" Button:
2. Read and Sign Disclaimer:
Read the required disclaimer form and sign it with the connected wallet.
3. Fill in the Required Information:
o Token Information:
Token Address: Enter the smart contract address of your token on the Celo network.
Token Logo: Upload a clear and recognizable logo with the dimensions of 200x200 pixels.
Project Description: Provide a detailed explanation of your project’s purpose, goals, and the solutions it offers.
o Links:
Whitepaper: Upload or share a link to your project’s technical and detailed documentation.
Github: Add a link to your code repository or project development page.
Telegram: Share the link to your Telegram community group for community engagement.
Medium: Include the link to your Medium account for project updates and blog posts.
Other Social Media Accounts: Add links to other social media platforms such as Twitter, LinkedIn, Discord, etc.
o Team Members:
Team List: Add names, roles, and LinkedIn profiles of the team members involved in your project.
3.2 Tokenomic Settings
Tokenomics define how your token distribution and economy will be managed. However, on the Ubestarter platform, tokenomics are solely for informational purposes and do not have a functional role. Proper tokenomic structuring is crucial for the long-term success of your project.
3.2.1 Allocation
Determining how tokens will be distributed is critical for your project's sustainability. Common categories include:
Community and Airdrop: Tokens allocated to community members.
Team and Advisors: Tokens reserved for the project team and advisors.
Development Fund: Funds allocated for project development and advancement.
Liquidity Pool: Funds reserved for providing liquidity.
Reserve: Tokens set aside for future needs.
Total Supply: Specify your project's total token supply. This information is aggregated and displayed to provide a clear overview of the token distribution.
Distribution:
Sale Allocation (Hard Cap): The amount of tokens available for sale is determined by the hard cap. For example, if you have a total supply of 1B tokens and allocate 300M tokens for sale, this amount will be set on the launchpad.
Unsold Tokens Management: Unsold tokens will be automatically returned to the owner's address if the softcap reached.
3.2.2 Vesting Settings
Vesting ensures that tokens remain locked for a specific period and are released in intervals. This helps keep the team committed to the project and prevents sudden large-scale token sales.
Vesting Period: Specify how long tokens will remain locked (e.g., 12 months).
Vesting Rate: Determine the percentage of tokens released at each interval (e.g., 25% every 3 months).
3.2.3 Cliff Period
A cliff is the waiting period before vesting begins. During this time, tokens remain locked and are not available for release.
Cliff Duration: For example, set a 6-month cliff period before vesting starts.
3.3 Launch Settings
Carefully configuring your launch settings is essential for a successful token sale.
3.3.1 Funding Currency
Determine which cryptocurrency will be used to collect funds during the token sale. Examples include:
UBE: The platform's native token.
USDT, USDC, cUSD or USDGLO: Stablecoins on the Celo network.
3.3.2 Hard Cap and Soft Cap
Hard Cap: The maximum amount intended to be raised during the token sale. Once this limit is reached, no further investments are accepted.
Soft Cap: The minimum target amount. If the soft cap is not reached, funds are typically refunded.
3.3.3 Pricing
Sale Price: The price at which tokens are sold during the sale.
Listing Price: The initial price at which tokens will be listed on exchanges.
3.3.4 Launch Duration
Start Date: The date and time when the token sale will commence.
End Date: The date and time when the token sale will conclude.
3.4 Automated Liquidity Options
Liquidity is vital for ensuring that tokens can be smoothly bought and sold on exchanges. Ubestarter automates liquidity management.
3.4.1 Liquidity Percentage
Specify the percentage of funds raised that will be allocated to the liquidity pool. For example, allocate 50% of the raised funds to liquidity.
3.4.2 Liquidity Range
Define the minimum and maximum price ranges for the token within the liquidity pool:
Minimum Price: The lowest price the liquidity pool will support for the token.
Maximum Price: The highest price the liquidity pool will support for the token.
3.4.3 Liquidity Preference
Choose how the liquidity will be managed:
Burn: Automatically send the liquidity to dead address
Locked: Lock the liquidity for a specific time period.
3.4.4 Unsold Tokens
Return to Owner: Unsold tokens are automatically returned to the owner's address after the sale period ends, only if the sale reaches the previously defined softcap limit.
Return to users: If the sale does not reach the softcap limit within the specified time period, users will receive their payment back and all tokens for sale will be returned to the owner.
Note: The 10000 UBE payment required to launch a token sale will not be refunded.
3.5 Preview and Launch
Final steps in creating your launchpad:
Preview:
Click the "See Preview" button to review all settings and information.
Check the project page for any missing or incorrect details and make necessary adjustments.
Launch:
Once all information is verified, click the "Launch Project" button to start your token sale.
At this stage, make sure you have at least 10000 UBE in your wallet and the amount of tokens you want to sell on the launchpad.
Your project will appear in the Active Projects tab once the launch process begins.
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