🧑🔬 How to Create an LBP
Embarking on your Liquidity Bootstrapping Pool (LBP) journey can be an exciting step in your project’s token distribution. With DEXDock, you have a straightforward path to launching a fair, transparent, and dynamic token sale. Below, we’ve compiled a comprehensive, step-by-step guide—including preparation tips, best practices, and important considerations—to ensure your LBP creation process goes as smoothly as possible. ⚡
Preparation
Before you begin, it’s crucial to take a few preparatory measures to minimize hiccups and make sure your LBP launch aligns with your project’s broader roadmap.
1. Testing on Goerli or Sepolia
- Test Environment ⏳
We strongly recommend running a test LBP on the Goerli or Sepolia test networks before going live on the mainnet. This approach helps you detect any possible contract or configuration issues and gives you the freedom to experiment with parameters without risking real funds. - Deploy & Experiment: Go through the entire LBP creation workflow (as detailed in the steps below) to gain hands-on experience and ensure everything functions as intended.
2. Test Token Links
- Access Test Token Addresses 🔗
Use the provided test token addresses for either Sepolia or Goerli to simulate token distribution within your test LBP. This allows you to confirm that your ERC-20 contract operates correctly and that your tokens behave as expected.
3. Mint Tokens
- Minting ✨
After obtaining the test token links, mint the tokens you need. This step is essential if you’re validating vesting logic, checking token weight changes, or practicing overall mechanics of the LBP creation process.
Creation URL
When you’re ready to create your LBP, head to the official
DEXDock LBP Creation
page. This is where all your careful planning comes together, and you’ll find all the tools you need to launch your dynamic token offering.
Step-by-Step Instructions
Step 1: Contract Address & Images
-
Enter a Valid ERC-20 Contract Address
Make sure the ERC-20 contract you’re using has been thoroughly tested and verified, and that it meets all the necessary requirements for your LBP. -
Upload Token Images
Provide high-quality images for your token. These images will be displayed on the DEXDock platform and should accurately represent your project.
Step 2: Configure Pool Parameters
-
Set Initial Weights
Define the starting weights for your tokens. This will determine the initial price and how it will adjust over time. -
Specify Duration
Choose the duration for your LBP. This will dictate how long the pool will be active and how the weights will change during this period. -
Add Metadata
Include any additional information about your token and project. This can help potential participants understand the value and purpose of your offering.
Step 3: Review & Launch
-
Review All Details
Double-check all the information and parameters you’ve entered. Ensure everything is accurate and complete. -
Launch Your LBP
Once you’re satisfied with your setup, proceed to launch your LBP. Monitor the process closely to address any issues that may arise.
By following these steps and taking the necessary precautions, you can successfully create and launch a Liquidity Bootstrapping Pool on DEXDock. Good luck with your token sale! ✨