FairLaunch Tutorial
Fairlaunch is a special type of presale/crowdfunding/ico without any hardcap or maximum amount specified for the raise. Fairlaunch contributors can contribute until the timer of the fairlaunch ends which is specified by the fairlaunch creator. Fairlaunch must raise up to minimum of soft capacity amount for it to be considered successful.
FairLaunch Flow
The following are the 7 commandments of DxSale that you must adhere to, to avoid issues and to have a smooth launch
I understand the functions of my contract.
I disabled all special transfer functions in my contract.
I disabled all fees or anything similar while I do my presale.
I have set Max Transaction Per Wallet to 100% of my supply.
I did NOT renounce ownership of my contract.
I am aware of what Liquidity is.
I did NOT add Tokens to the DEX already.
Once you have understood the Fairlaunch flow, please move onto the Token Info section to start creating your very own Fairlaunch!
Token Info
Copy paste your token address on the first step to get started.
In the Token Info section, you will be asked to provide FairLaunch Amount and Listing Amount for the FairLaunch presale. Ensure the FairLaunch Amount and Listing Amount is not more than the Total Supply. It is recommended that you allocate as much as possible for the FairLaunch Presale. Click Next When Ready.
FairLaunch Information Section
In this section you must determine key information regarding your Fairlaunch such as the minimum amount required for your FairLaunch to be considered a successful raise.
Liquidity % going to the DEX must be at least 51%
Presale Rate
Presale Rate is the rate at which users get your token when they pay with native token during presale/crowdfunding/Initial Coin Offering/ Initial Dex offering
Presale Rate must be equal or more than the listing rate
Listing Rate
Listing Rate is the rate at which users get your token when they purchase at the DEX. This listing rate only applies when the Presale ends and the token and funds get added to the liquidity pool of the Dex (DxSale creates an exchange pair for you automatically - no coding or manually adding required!).
Once the funds are added, the market supply/demand for your token determines the price at which users can buy/sell at the DEX. If your token is bought heavily after listing - the price of the token will go up. This means that you will get less tokens for the same amount of native token. If the token is heavily sold after listing, the price of the token will go down. This means that you will get more tokens for the same amount of native token.
Listing Rate should be equal or less than the presale rate
Soft Cap
Soft cap / Soft capacity means the minimum amount of tokens that you will need to raise in order to consider the crowdsale/presale a success. Raising less than soft cap means you have failed the presale raise and the funds will automatically be back to the presale contributors and the custom token will be back to the presale creator.
Soft cap cannot be less than 51% of hard cap amount
Minimum and Maximum Contribution amount
Minimum and maximum contribution amount is the range at which a buyer can fund your token during crowdsale/presale. If the contribution is too high, the UI will automatically block the buyer. If the contribution is too low, the UI will automatically block the buyer.
This is a good tool to stop any bulk buyers who can easily dump tokens at exchange post presale
Minimum contribution cannot be 0, Maximum contribution cannot be lower than minimum and higher than Hardcap
Project Information steps
The project information step page looks like this where you can easily upload your Logo, Banner , Website, social links (youtube, github, twitter, reddit etc.) as well as project description.
It is highly recommended that you fill out all of these to give your presale contributors and community every possible information about your project
Once you upload your image to Imgur, copy the Direct Link as shown below.
Paste the direct link of the image or image address on to the logo link or banner link section as shown below
More Features section
This section is not enabled during this stage of presale creation and only available after you have created the presale listing.
Change Listing Pair
This feature must be enabled before Finalizing a presale after it’s successful! If you would like to use this feature, ensure you use this before clicking Finalize on your presale!
Changing listing pair means instead of listing your token with native coin such as ETH or BNB as liquidity, you can now use USDT or any other custom address as a listing pair. This is only available on DxSale and is a special feature that you can utilize to your token if you have custom needs or requirement. This feature is accessible after the presale as already been listed.
Vested Claim
This feature must be enabled before Finalizing a presale after it’s successful! If you would like to use this feature, ensure you use this before clicking Finalize on your presale!
Vested Claim means limiting your presale buyers / contributors from getting the tokens they have bought during presale all at once. You can customize the amount of tokens they can get and when. This can be used to prevent instant dumping that can happen when your token has made it to the DEX. This feature is accessible after the presale has already been listed.
Enabling Whitelist
It is highly recommended to enable this and use this feature before presale starts!
Enabling white list gives you the ability to sell your tokens at presale to a set list of addresses instead of letting all of public to purchase. This is great for KYC control, private sale, or even as a marketing tactic. This feature ensures that certain buyers get priority. This feature can be disabled and re-enabled any time during a live presale.
Scheduling Presale Section
The scheduling is an important step in the presale creation process. You must choose the timings carefully to ensure that your presale creation is going smoothly and also to give you ample timing to enable features that you want to enable or to create hype for your crowd funding.
Presale Start Time
Presale End Time
Liquidity Unlock Time
Liquidity Unlock Time must be minimum of 1 month from presale end time. This ensures that the liquidity pool token which acts like a “key” to the liquidity pool is safely locked. This makes it harder for bad players to pull liquidity from Dex and also ensures extra safety measures to your community
Review and Submit
Review your presale and submit by clicking Start Presale and clicking confirm metamask to confirm transaction
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