a fair way to distribute our token
Crowdpooling is over. Thanks to those who participated.
    Crowdpooling Address to Join: 0x99f67b424a44275dd95f7cfaa66b24940bf218b5
    Total Tokens Provided: 28,800,000 MBK (90 % of total supply)
    Tokens to Participants: 14,400,000 MBK
    Hard Cap: 50,400,000 BUSD
    Token Fixed Price: 1 MBK = 3.50 BUSD
    Start Time: 07/05/2021 09:00 (GMT)
    End Time: 07/09/2021 23:00 (GMT)
    Liquidity protection period: 180 days
The most fair way to distribute our token is a Crowdpooling Campaign already launched at Token assets are more likely to go into the hands of genuine investors rather than speculators or “dumping farmers”.
90 % of tokens will be supplied and a hard cap target set. A portion of the tokens supplied will be used for crowdfunding and the rest will be used for ask-side liquidity. Initial offering price and a start time and end time will be set. Anyone can participate in the offering by staking their capital. Traders/offering participants will start on an equal footing with everyone else.
Once Crowdpooling ends, participants can claim the tokens based on their stakes at the pre-defined initial offering price. If Crowdpooling progress is over the hard cap target (i.e. there is more capital in the pool than the hard cap), then all participants claim the tokens proportional to their shares of the pool, at the initial offering price. Any difference between the amount participants staked and the actual cost of the tokens (i.e. initial offering price * the number of tokens actually received) is then refunded back to participants.
After Crowdpooling phase ends, new public liquidity pools will be automatically set up with the capital raised and the tokens reserved for ask-side liquidity and trading becomes available. The starting market price is the initial offering price. Anyone is able to provide liquidity to these pools, with the added benefit of higher capital efficiency thanks to PMM (Proactive Market Maker).
The immediate end result of Crowdpooling is a trading pair with sufficient liquidity. Funds raised from Crowdpooling participants is not misused, but is instead used to create a liquidity market (initial liquidity), building a solid foundation.
Liquidity providers will earn fees from asset swaps based on their share of the liquidity pool.
Additionally, earned fees from asset swaps based on the initial liquidity will be distributed as earnings with holders.
LIQUIDITY PROTECTION: initial liquidity will be locked and cannot be removed during the locked liquidity protection period of 180 days (6 months) keeping market liquidity at a satisfactory level.
WHAT IS DODO: is an on-chain decentralized exchange/liquidity provider for everyone powered by the Proactive Market Maker (PMM) algorithm. It features highly capital-efficient liquidity pools that support single-token provision, reduce impermanent loss, and minimize slippage for traders. (you can find more information at
PROACTIVE MARKET MAKER (PMM): liquidity pools are powered by the Proactive Market Maker (PMM) algorithm and built for capital efficiency. Is an oracle-aided algorithm with an advanced pricing formula that provides contract-fillable liquidity. Traders get lower slippage with PMM than AMMs.
Last modified 3mo ago
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