BakerySwap’s Incubator and Launchpad are designed to discover and cultivate high-quality projects with a focus on generating a wealth effect, ensuring user safety, and supporting long-term sustainability. To achieve this goal, we have some suggestions for projects collaborating with our Launchpad, as detailed below.
Suggestions for Launchpad Projects
Fair Initial Distribution
Ensuring a fair initial distribution is crucial for the long-term success and stability of any project. A democratic allocation model that avoids the concentration of assets helps mitigate risks.
Specifically, we recommend that the initial supply on Launchpad should be at least 30% of the total supply. For an even more equitable distribution, 50% or more is highly recommended.
Liquidity is the lifeblood of any project, and insufficient liquidity can lead to project failure and harm users. To safeguard against such situations and ‘Rug Pulls,’ we recommend the following:
- At least 10% of the total supply should be added to the liquidity pool and should be managed by Bakery.
- Additionally, a minimum of 100 ETH from sales should be added to the liquidity pool, with 200 ETH or more being strongly recommended, and should also be managed by Bakery.
Decreased Supply Over Time
Reducing supply strategically over time can increase scarcity and potentially drive up value. One effective way to achieve this is through consumption and burning mechanisms. For most projects, implementing a selling fee and burning it with each transaction is highly recommended.
Supporting Projects Synergizing within the Bakery ecosystem
In the context of the BakerySwap Launchpad and Incubator, we highly encourage projects to consider asset interoperability and cross-utility with other assets and services within the Bakery ecosystem, such as accepting Launchpad participation with existing assets, providing airdrops and whitelist opportunities for other assets holders.
These approaches increase market exposure for your project, create a mutualistic relationship with other projects that can facilitate robust network effects, and add value to the Bakery ecosystem as a whole.
What We Offer to Projects
We provide the necessary capital to get your project off the ground, allowing you to focus on development and growth.
Benefit from our extensive network and community for your marketing needs, which can significantly boost your project’s visibility.
Our team of experts can provide valuable insights and strategies on tokenomics, product design, and marketing strategies, helping you make decisions for long-term success.
Leverage our established relationships within the industry for partnerships that can advance your project to new heights.
The BakerySwap Launchpad and Incubator are not just platforms; they are ecosystems designed for the flourishing of the next wave of projects in crypto space. With our objectives on wealth generation, user protection, and long-term viability, and our recommendations and comprehensive support to projects, we are laying the groundwork for a more secure, prosperous, and innovative decentralized financial landscape.