Option 2: Launchpad
NOTE: Please read Current state before continuing reading Tokenomics.
This option is not preferable as it does not fully align with the mission of LunarDAO, to create squad wealth
In some cases the Squad may want to protect it's treasury, but still support the project through a raise. There are different possibilities how to execute a community or a squad raise:
- An agreement is made for a limited amount of T tokens and the price is determined by the sale event. That can be done via a Liquidity Bootstrapping Pool or in a same way like the LUNAR Genesis Community Sale Event - a pool locked for several days with a valuation in the end.
- An agreement is made on a fixed price of T with an aim of total amount raised. One of the obejectives of the community sale is to ensure as optimal distribution as possible with a priority given to the community members with the skin in the game (the Squad), and to prevent by-walkers to FOMO in before. VOX token functions as a white-list ticket. Those who aquired VOX are snapshotted and whitelisted to participate in the launchpad.
- Based on submitted LIP and a vote, the amount and price of T is fixed. Whenever a community member invest to support project X, an NFT is minted, which tracks down the amount invested. When the T is launched, a time frame opens in which the NFT is redeemable for T at fixed price and amount recorded in the NFT. The priority white-list works same way like in the point 2.
In option 2, LunarDAO provides the platform and ensures the sale happens based on agreed conditions, LunarDAO take 3% fees from the collected raise as well as the offered T token of project X. This fee is allocated to the treasury.
In both options: All the conditions as well as the option of support, token T distribution and any other particularities concerning the investment must be clearly defined before the vote. That is done by a shared input from the author of the submitted investment LIP, project X team, the Squad and the Research committee evaluation. Most importantly - the proposal is accepted only by a successful voting (read Governance).
The volume of the support by LunarDAO represents the conviction of the community in the project. The community together (particularly the Squad) acts like a private investor and acculumate the squad wealth in their treasury, which can be further used for the lunarpunk mission success.