đŠâđLaunchpad Staking
Users can engage in native token sale rounds of projects, based on their eligibility and corresponding to their tier. The eligibility criteria may differ for different project launches but as a general rule of thumb, all participants must:
Complete Know Your Client (KYC) through our KYC partner Synaps (https://synaps.io/)
Own a W3Key SBT
Stake $W3GG tokens
Initial Allocation System
The W3GG Launchpad will initially employ a First Come, First Served (FCFS) token allocation system for its inaugural launches. This means:
Participants can join token sales based on their position in the queue.
Early arrivals will have priority access to participate.
As the W3GG Launchpad gains popularity and attracts a larger user base, we plan to evolve our allocation system. This future adaptation will ensure fair distribution and accommodate the growing number of participants interested in our token launches.
We are committed to maintaining transparency and will communicate any changes to the allocation system well in advance, allowing our community to prepare accordingly.
Planned Allocation System (Release Date TBD)
W3GG will eventually incorporate a 9-tier system, where the first 4 tiers will be based on the W3GG Random Allocation System (W3GG RAS), a system that uses a mathematical algorithm to determine participant selection. The higher the tier and the number of tokens staked, the greater the chances of being selected for token allocation. For participants in Tiers 5 to 9, allocation will be guaranteed.
This structure ensures a balanced and fair distribution of token sale opportunities while rewarding participants with more tokens staked with higher chances of allocation. Each sale will factor in the pool weight of participants, calculated based on the number of tokens staked and the respective tier.
W3GG Token Staked
1,000
2,000
5,000
10,000
15,000
20,000
50,000
100,000
200,000
Example: W3GG Token Value @ $0.07
07
140
350
700
1050
1400
5000
7000
14000
Pool Weight
1
2
5.3
10.9
17.3
23.6
63.6
136.4
295.5
Launchpad participation staking duration
30 days min.
30 days min.
30 days min.
30 days min.
30 days min.
30 days min.
30 days min.
30 days min.
30 days min.
Allocation
RAS
RAS
RAS
RAS
Guaranteed
Guaranteed
Guaranteed
Guaranteed
Guaranteed
Governance
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Allocation Selection Example
9
200,000
Guaranteed
295.5
1
296
11,478
11,478
11,478
8
100,000
Guaranteed
136.4
3
409
15,894
5,298
5,298
7
50,000
Guaranteed
63.6
5
318
12,352
2,470
2,470
6
20,000
Guaranteed
23.6
70
1,652
64,167
917
917
5
15,000
Guaranteed
17.3
53
917
35,614
672
672
4
10,000
RAS
10.9
110
1,199
46,572
423
423
3
5,000
RAS
5.3
189
1,002
38,908
206
206
2
2,000
RAS
2
225
450
17,479
78
78
1
1,000
RAS
1
194
194
7,535
39
39
Using an example, if a project has a token allocation of $250,000 with a token price of $1 then the total funds being raised will be $250,000.
The way the lottery and pool weight method works is as follows:
For tier 1 - 4 all IGO participants that are eligible will register interest in the IGO. They will then be put into the W3GG RAS to determine whether they are successfully chosen to participate in the IGO. If they are randomly selected to participate, then the total allocation per person will be determined by the smart contract.
Participants that are selected by the W3GG RAS will automatically be whitelisted 24 hours before the IGO, when the snapshots are taken.
Participants that are unsuccessful will not be able to participate in the IGO
For tiers 5 - 9, eligible participants who stake above 15,000 tokens will have guaranteed allocation.
After the registration period finishes, the smart contract will mathematically divide allocations based on the following metrics:
Number of staked tokens up to 24 hours before IGO
Pool weight
Successful RAS allocations - number of people in tiers 1 - 4
Guaranteed allocations - number of people in tiers 5 - 9
Total tokens by tier
Total tokens by wallet
Buy cap per wallet
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