ChimpX AI

A Launch Pool is a token sale mechanism designed for organic price discovery and limited sniping or front running. Here's how it works:

1. A specific quantity of tokens is allocated to the Launch Pool contract. The Launch Pool will remain open for a set period of time.
2. While the Launch Pool contract remains open, users can deposit USDC into it or withdraw their USDC from it.
3. When the Launch Pool ends, tokens are distributed proportionally based on each user's share of the total deposits.
4. There will also be an early deposit multiplier to reward early participation.
   • Deposits made during the first 24 hours of the Launch Pool will receive a 25% bonus multiplier (e.g., 1 USDC will be treated as 1.25 USDC).
   • After 24 hours through hour 36, the bonus multiplier will decrease from 25% down to 0% bonus.
   • There is no withdrawal penalty. You can withdraw your deposit at any time while the Launch Pool is open.
5. Soft cap: This launch pool has a soft cap, which is the pool's funding target. If total deposits exceed the soft cap, the pool is oversubscribed and any funds deposited in excess of the soft cap are refunded to participants pro rata based on their share of the total deposits.
6. Refunds: If the graduation minimum is not met, buyers will be able to claim a refund based on what they've deposited into the launch pool.

After the Launch Pool ends, if the graduation minimum is met, all participants will see their pro rata share of tokens based on the total amounts deposited factoring in any early deposit multipliers.

A soft cap is the pool's funding target. With a soft cap in place, there is no withdrawal penalty at any point during the sale. If total deposits end up above the soft cap, the pool is oversubscribed and any funds deposited in excess of the soft cap are refunded to participants pro rata, based on each participant's share of the total deposits. You can claim both your tokens and your excess refund after the Launch Pool ends.

If at the end of the Launch Pool the total deposits do not exceed the graduation minimum, all participants who made deposits will be able to claim back their deposit. Connect your wallet to claim back your deposit (minus network and protocol fees).

If the graduation minimum was met, all purchasers will be able to claim their share of tokens after the Launch Pool ends. Connect your wallet to claim your purchased tokens.

No. On graduation, liquidity goes into a Raydium CLMM pool as positions controlled by the position owner, not as locked LP tokens.

No lock-up for tokens purchased in the Launch Pool.

All network fees and protocol fees will be displayed in the transaction details. These are fees charged by third-parties. Please review all transaction details closely.