Recently, friends have been playing meme. We all know the ICO model. This model can be said to have driven the first bull market in the cryptocurrency circle in 2017. But do you know that a new way of playing has emerged recently, that is, crowdfunding to issue coins. Does it sound familiar but not quite clear? Let me explain it to you in detail.
What is the DODO crowdfunding pool?
DODO's crowdfunding pool building is a combination of "crowdfunding" and "liquidity pool", creating liquidity in new projects and distributing tokens at the same time. It avoids market manipulation, robot buying and monopoly by large investors through collective bidding, making the distribution of tokens more fair and transparent. Want to launch a successful crowdfunding pool building through DODO? Don't worry, this process is not as complicated as you think. Just follow the steps below to get started easily.
1. Preparation
First, you need to do some simple preparation:
Token Contract: Make sure your token is listed on a supported mainnet like Ethereum, BSC or Polygon.
Pool preparation: Decide how much tokens and funds (stablecoins or ETH) you want to contribute to the liquidity pool.
Planning parameters: Determine some basic parameters, such as crowdfunding time, starting price, and liquidity protection period.
2. Create a crowdfunding pool
Now you are ready to start creating your crowdfunding pool:
a. Log in to the DODO platform
Go to the DODO official website and connect your crypto wallet
b. Select "Create a crowdfunding pool"
On DODO's homepage or "Create" page, find and click Create Crowdfunding Pool.
c. Fill in the token information
Enter information about your token, such as its name, symbol, and total supply, so that everyone knows what you are crowdfunding.
d. Set crowdfunding parameters
Crowdfunding Amount: Set the total amount you intend to raise (can be USDT or ETH).
Starting Price: Set the initial price you want for your token.
Crowdfunding Time: Choose when your crowdfunding starts and ends.
Liquidity protection period: A period of time after the crowdfunding ends to prevent tokens from being sold in large quantities and maintain market stability.
e. Set up liquidity pool
In this step, you need to decide to inject part of the raised funds into the liquidity pool. You can create a stablecoin pool or a mainstream token pool as needed. 💵
3. Start crowdfunding
Once all settings are complete, click “Start Crowdfunding”. Next, investors will start participating in the crowdfunding and purchasing your tokens.
4. Liquidity pool launch
After the crowdfunding is over, DODO will automatically create a liquidity pool for you to ensure that your tokens have sufficient liquidity and avoid drastic market fluctuations.
5. Closing and Distribution
After the crowdfunding and liquidity protection period, investors will receive the tokens they purchased and they can freely trade or participate in more activities, such as liquidity mining. The process is simple and clear. In just a few steps, your project can quickly raise funds and launch the market with the help of the DODO platform.
Are you ready to make your project shine in the blockchain world? Come and try it #DODO助力Meme发行
