# 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.