Hanoi, Viet Nam — Bunicorn is a decentralized finance company [DeFi] Platform that offers a solid and secure all-in-one blockchain gaming solution. The project has announced the release of Copper Launch-like liquidity bootstrapping pools [LBPs] on Metaverse Starter, a seamless multichain trading solution within the ecosystem. Planned start in the BSC network Friday 29 July 2022LBPs are a novel approach to distribute tokens while building high liquidity.
Proven capital efficiency through LBPs
The liquidity provision and pricing process has become capital intensive, increasing the need for an advanced, efficient and cost-effective option. While Bancor and Uniswap introduce the autonomous market maker [AMM] As an ideal solution, it has become an expensive system.
LBPs are the most efficient and least expensive mechanisms. These liquidity pools possess the ability to adjust pool weights over time, preventing negative downward pressure on token prices. This means that only a tiny percentage of the base token is needed to start with. And since there is a gradual decline in the token price accompanied by periodic “bumps” where the token rises again. In theory, the price should eventually find a value that the overall market sees as the accurate value for the token.
In addition, they also promote fair distributions. To discourage malicious actions by bots, once a bot receives tokens during a live session, the token price immediately decreases and has a lower value than what the bot paid for. And large token buyers are encouraged to split their purchases into smaller batches over a period of time so as not to skyrocket the price. This makes getting started as easy as possible for everyone.
Bunicorn’s LBPs are suitable alternatives
ETH network users have benefited tremendously from these values of LBPs through platforms like Copper Launch. Bunicorn’s LBP function is similar to the Copper launch mechanism; However, the latter only supports ETH and Layer-2 ETH. With this release, Bunicorn brings this Dutch auction mechanism to the BSC network.
Unlike Copper Launch, Bunicorn’s LBP feature not only supports the BSC network, but also Avalanche, Ethereum, and Polygon networks — an unprecedented feat in the DeFi space.
“The new Copper-Launch-like LBP feature on Metaverse Starter has been in the planning for quite some time as we ran a Dutch auction-based initial token offering in the past. The mechanism is proven to successfully build deep liquidity, eliminating front-running bots and concerns about unfair distribution. By bringing these values to BSC, we hope to establish a new standard for token distribution events on the network,” says the Bunicorn CEO.
About Bunicorn
As a revolutionary DeFi platform, Bunicorn aims to take the blockchain and DeFi gaming experience to the next level. The release of these Copper-Launch-Like LBPs is a testament to the DeFi platform’s commitment to providing excellent services to space. With a host of other decentralized finance products, Bunicorn hopes to be a gamer’s dreamland.
social connections
LinkedIn: https://www.linkedin.com/company/bunicornswap/
Twitter: https://twitter.com/bunicornswap
Telegram: https://t.me/bunicornswap_en
Discord: https://discord.gg/Jfa5eebPJs
media contacts
Company name: Bunicorn
Company website: https://bunicorn.finance/
Company contact: Alex, CMO
Company email: [email protected]
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