Launcher

The Bio Protocol V2 launcher uses the Ignition Sale to introduce new projects to the ecosystem. This model is designed to be transparent, community-driven, and to bootstrap a healthy secondary market from day one.

The Ignition Sale

Instead of a traditional auction, projects are launched through a sale where the token price is set from the beginning, allowing for a predictable and fair distribution.

Key Mechanics:

• Denomination: All sales are denominated in BIO.

• Raise Goal: A launch is only successful if the total amount of BIO committed by the community meets or exceeds the predefined raise goal. For a typical agent launch, the goal is approximately 1.025M BIO or $77k. If the goal is not met, all committed funds and points are returned to the users.

• Duration: Sales run for a fixed period, typically 2-3 days.

How to Participate

To participate in a launch, users need to perform two actions:

1. Pledge BioXP: You must spend your accumulated BioXP ("Bio Experiment Points") to secure the right to an allocation.

2. Commit BIO: You must commit the amount of BIO you wish to invest in the project.

Your final allocation is determined by the number of BioXP you pledge relative to the total points pledged by all other participants.

Oversubscription & Allocation

It is common for launches to be oversubscribed, meaning the community commits more BIO than the target raise amount. In this scenario, your final allocation is calculated pro-rata based on the BioXP points you pledged, up to a maximum cap.

The final allocation is determined by the following formula:

user_allocation = min((user_points / total_points_pledged) * tokens_for_sale, 0.005 * tokens_for_sale)

Where:

• user_points is the amount of BioXP you pledged.

• total_points_pledged is the total BioXP pledged by all participants.

• tokens_for_sale is the total number of tokens available in the launch.

Important Considerations:

• Max Allocation: To ensure broad participation, a single user cannot purchase more than 0.5% of the total token supply being sold.

• Refunds: If you commit more BIO than your final allocation allows, the excess BIO and any unused BioXP points will be returned to you.

Example Tokenomics for an Agent Launch

This model is particularly well-suited for launching smaller projects like BioAgents. The following is a typical token distribution for a small fundraise, but you can explore the model in more detail and test different parameters using our Launchpad v2 Tokenomics Model.

Stakeholder	Allocation	Purpose
Public Sale	37.5%	Sold to the community to raise initial funds.
Initial Liquidity	12.5%	Paired with the funds from the sale to create the LP.
Project Treasury	38.0%	Funds for future development, controlled by the project.
Dev/Team	10.0%	Reserved for the core contributors.
Bio Protocol	2.0%	A stake for the protocol treasury.

In this example, all funds raised from the public sale are immediately used to create a deep and healthy liquidity pool, which is the engine for the project's long-term, sustainable funding. The initial FDV for a launch like this is typically around $205k.

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Related Information

Participation Requirements:

• BioXP Points System - Complete guide to earning and using BioXP points

• About BIO, veBIO and BioXP - Overview of all tokens needed for participation

• BIO Token Guide - How to acquire BIO for launches

Earning BioXP:

• Staking & veBIO Overview - Primary way to earn BioXP through staking

• Staking BIO - Stake BIO for veBIO and BioXP

• Staking Other Assets - High-yield BioXP earning strategy

Participating in Launches:

• Join Launches - Complete guide to launch participation

• Fund Guide - Step-by-step funding walkthrough

• Launchpad FAQ - Common questions about the launcher and allocations