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Launch Pools

Introduction

Overview

Launch Pools offers a unique opportunity for users to participate in Initial DEX Offerings (IDOs) by staking tokens. This document provides detailed information about how Launch Pools operate, the staking process, and the benefits for users.

Purpose

The primary purpose of Launch Pools is to facilitate user participation in IDOs, offering a streamlined and secure way to stake tokens and gain eligibility for new token launches.

Features

Unlimited Staking

  • No Limit on Staking: Users can stake an unlimited number of BSCS tokens.
  • Multiple Batches: Support for staking in multiple different batches.

Unstaking and Withdrawal

  • 72-Hour Lock-in: After 72 hours of staking, unstaking becomes available.
  • Unstake at Will: Users can unstake any desired amount.
  • 7-Day Withdrawal Waiting Period: After unstaking, a mandatory 7-day waiting period is enforced before withdrawing the principal and interest.

IDO Eligibility

  • Staking for Access: Staking in Launch Pools grants eligibility to participate in IDOs.
  • Allocation Method: Details on how staking affects allocation in the IDO.

User Guide

How to Stake

  1. 1.
    Select the desired Launch Pool.
  2. 2.
    Determine the amount of BSCS to stake.
  3. 3.
    Confirm the staking transaction.

How to Unstake

  1. 1.
    Access your staked tokens in the pool.
  2. 2.
    Choose the amount to unstake.
  3. 3.
    Confirm the unstaking process.

How to Withdraw

  1. 1.
    Wait for the 7-day withdrawal period after unstaking.
  2. 2.
    Initiate the withdrawal request.
  3. 3.
    Collect your principal and interest.