The ALEX Multichain Launchpad is open to everyone. We’ve created a comprehensive application and review process that hands decision-making power to our community of $ALEX and $atALEX holders.
Our collective token holders will review, rank and ultimately approve applicants for the Launchpad.
The terms for the Launchpad that projects agree to are:
1) ALEX will charge 5% of the IDO amount.
2) ALEX will require 10% of IDO proceeds + 10% project token to be paired into AMM Pools for 6 months. The LP tokens can be withdrawn after the 6 month lock-up.
3) Minimum IDO amount is $50K.
4) (Optional) Buy Back Protection: Project may lock 90% of IDO proceeds after the registration ends for up to 1 week in the vault. If the token price drops below IDO price after buy back period, Launchpad participants can be refunded at 90% of the IDO price. If not, project can withdraw the proceeds after 1 week lock period.
5) (Optional) Yield Farming: Projects also have the option of providing tokens for yield farming.
The ALEX Lab Foundation checks that applications are completed and that project teams are responsive.
Please complete as much of the form as possible and be aware we are unable to provide any direct feedback on your application if key questions are incomplete.