🪄Fast-track IDOs (LP)

However, the innovation doesn’t stop there. Daosis has also implemented mini IDOs, a unique mechanism designed to fund liquidity pools for the tokens minted on its platform.

These mini IDOs allow projects to raise the necessary funds to ensure their tokens have sufficient liquidity, thereby enhancing their stability and attractiveness to investors.

How Mini IDOs Work:

• Liquidity Pool Funding: Mini IDOs are specifically designed to fund liquidity pools for newly minted tokens. This ensures that these tokens have the necessary liquidity to thrive in the marketplace. • Community Participation: By participating in mini IDOs, the Daosis community plays a direct role in supporting new projects, fostering a sense of ownership and engagement.

Mini-IDOs (LP) flow

• Fill the fast-track IDO form with the required details.

• The fees for the Fast Track IDO is kept as 200 $ROSE.

• Proceed with the transaction.

• Internally the Token will be minted with provided supply and IDO will also be deployed with the required distributions of the token (55% of Supply to IDO and 45% of Supply to Liquidity Pool)

• As per the provided Start-End Time the IDO will start and end accordingly.

• As per the requirement the creator of the IDO is forced to buy first (maximum 17% of the IDO Supply)

• As soon as the creator buy, it will be available for other participants to buy (maximum 5% of the IDO Supply (Either in 1 or 2 instalments)

• Unsold tokens are burnt.

• As soon as the IDO ends, each participant receives the tokens he bought.

• The token will be listed on the DEX using the Liquidity raised and 45% of the token supply.

With this flow we ensure to avoid liquidity being drained by a single participant and fast access to liquidity for meme coins on Oasis Sapphire.