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1  Alternate cryptocurrencies / Service Announcements (Altcoins) / [ANN][LID] NEW Self Service Launchpad - LIFTOFF in Defi | Crash Insurance on: January 17, 2021, 02:48:51 AM



Liquidity Dividends Protocol

Introducing LIFTOFF

What is Liftoff?
Liftoff is a fully self-service ERC20 launchpad dapp with integrated insurance. It allows any project developer to create a new token, token sale, insurance scheme, and marketing partnerships with just one click of a button. For project developers, it is the fastest and simplest way to create a new token and reach a wide audience. For sale buyers, it is the safest presale platform and the only one that insures deposits.

Why is Liftoff important?

Multiple types of technologies emerged in 2020 to protect token sale investors from scams. The first platforms provided locked liquidity. However, investors in tokens with locked liquidity were still vulnerable to minting attacks. Lid’s first presale platform, Lid Simplified, stopped minting and many other early attacks on token sales. However, Lid Simplified is vulnerable to soft exit scams, where developers abandon their project instead of growing it. In response, Lid developed Liftoff in the first few weeks of 2021 to stop soft exit scams.

What is Crash Insurance?

Crash Insurance protects presale buyers by refunding their deposited Eth if the price of the token falls below the initial sale rate. Crash Insurance provides 100% coverage for the first week. For the next 10 weeks, it provides insurance at a gradually reduced amount but at the same, original sale rate. Crash Insurance thus guarantees a hard price floor during the first week, and a soft price floor for the next 10 weeks.

What is xETH?

Liftoff is able to distribute 112% of the deposited eth, instead of 100%, all without ever risking any deposits. This seemingly impossible feat is accomplished through xETH, a type of wrapped ether. xETH is derived from the ERC-31337 technology developed by Rootkit.finance and allows the issuance of xETH backed by locked liquidity. More details are available for xETH at https://xlocker.eth.link and more information about ERC-31337 is available at https://rootkit.finance.

How safe is Liftoff?

Liftoff is the third presale platform developed by Lid Protocol. None of Lid’s contracts have ever been hacked or lost liquidity. This is accomplished by diligent code reviews combined with 99%+ automated testing. Liftoff is audited by Halborn, one of the top cybersecurity firms globally with a history servicing great projects like Coinbase and Bancor.

How do I get ETH?

Unfortunately, financial regulation makes acquiring cryptocurrencies like ETH quite difficult. You will need to consult the regulations in your particular country, and find an exchange where you can deposit your native currency and receive ETH. Afterwards, you can transfer your ETH to your metamask wallet to use Liftoff. Ask in the Lid Protocol’s telegram or Discord channels for assistance.

How often is Eth distributed to project devs?

Most sales immediately give the project developers 100% of the Eth, even if the token price falls. With Liftoff, the developers and promoters receive their eth at 10% per week for 10 weeks. This encourages them to maintain an active community for at least that amount of time, and discourages bad actors looking for a quick profit. Additionally, every insurance redemption reduces the amount of eth project developers get. Since insurance redemptions occur whenever the token price falls below the presale price, the project developers are heavily incentivized to prevent the price from crashing for the full 10 weeks.

How are ETH and tokens distributed for Liftoff token sales?

Eth allocations, as % of raise:
68.5% liquidity
35% dev fund (for the project raising funds)
6.5% insurance
2.0% lid fee
———————
TOTAL: 112% raised

Token allocations, as % of total supply:
40.59% liquidity
59.41% depositors
———————
TOTAL: 100% of supply

What is Liftoff Partnerships?

Liftoff integrates marketing partners directly into the platform in a decentralized way. Entirely through Liftoff’s smart contracts, projects request partnerships which can then be accepted by influencer networks and marketing agencies. These agencies are then paid directly from the developers Eth. Since the amount of developer’s Eth, and thus the agency’s pay, is reduced by insurance redemptions, it means agencies are incentivized to promote good projects. Meanwhile the automated payment mechanism reduces agency’s risks, by guaranteeing that if their promotion is successful and the token price is maintained, they will receive an excellent reward.

How do I join Liftoff Partnerships?

Ask in the Lid discord or telegram chats to apply. You will need a website, logo, and a 2-3 sentence description of your service. Liftoff primarily accepts influencer networks and marketing agencies.

LIFTOFF is an autonomous launchpad that anyone can use. Similar to Uniswap, anyone can create a token with any name, including fake versions of existing tokens. Please do your own research before joining a project.


For detailed information. Check our Medium Article

Main Announcement Thread
https://bitcointalk.org/index.php?topic=5273818
2  Alternate cryptocurrencies / Tokens (Altcoins) / [ANN][LID] Liquidity Dividends Protocol - Future is LID. Securing DeFi Ecosystem on: September 05, 2020, 11:14:47 PM


Liquidity Dividends Protocol

Welcome to LID

The Liquidity Dividends Protocol uses new technology that provides solutions for depositing liquidity into Uniswap while also offering a social rewards based staking system.

Main Features

    x Secure Purchases
    x Social Referrals
    x Community Driven Project
    x Licensed LID Protocol

Token Distribution


https://etherscan.io/token/0x0417912b3a7AF768051765040A55BB0925D4DDcF

Liquidity Dividends Protocol Certified Presale Application

Raising funds for your project can be a daunting task - with investor uncertainty a major factor, a solution was needed to change the DEX Presale landscape - that solution, is LID Certified Presales. LID Certified Presales takes advantage of the presale process with the Initial Liquidity Offering (ILO) model. Offering a secure Initial Liquidity Offering (ILO) presale to your potential investors is the first major step you can take in improving your presale success.

With the LID Certified Presale, you are able to ensure your ETH raised during presale is trustlessly locked into a Smart Contract. In addition, another advantage of LID Certified Presales is the ability to customize the token distribution rate over a specified length of time. For a flat 5% fee of all raised ETH during presale, you will be able to ensure your future investors peace of mind, and the legitimacy of your project.

LID Certified Presale - the perfect win-win solution for your project, and your investors.

Benefits of LID Certified Presale

    x Verifiable SC (Smart Contract) for your investors and team members to see.
    x A presale dApp to direct your investors to, that connects to your main website.
    x Time released token distribution; assists with minimizing the risks of large dumps at conclusion of presale.
    x Ability to customize presale method, from Hard Cap amount to bonding curve.
    x Presale referral rewards program; potential to make your project and presale go viral.
    x With the verification and implementation of the LID Certified Presale, your anonymity can remain intact.
    x Having the LID Protocol brand backing your presale.



FAQs

Q. How do the Presale referrals work?

A. When purchasing from the presale there is a 2.5% fee on all transactions. Those who refer receive the 2.5% of all presale fees paid by their buyer, though they still have to cover their own 2.5%.

Q. What if I’m past the Presale stage?

A. We still encourage community involvement and word of mouth through referrals post launch. The same fee and referral structure of the Presale applies to all post-launch investments. Want a massive win? Refer a whale!

Q. How does the LID staking work?

A. There is a 2% tax on all transactions involving unstaking, and Uniswap buys. There are tax exemptions for staking and selling. 5% of all dividends are granted to the LID DAO fund.

Q. What is Locked Liquidity?

A. The part that makes Liquidity Dividends Protocol unique is the automated steps that are put in place to ensure the liquidity cannot be pulled out like we too often see in rug pulls. Once the presale timer has officially ended, the Smart Contract then automatically mints the liquidity pool tokens and begins burning them. The verified Smart Contract on etherscan will also be published on the site.

Q. What is the point of licensing?

A. Liquidity Dividends Protocol developer came up with several innovative new technologies for automatically depositing liquidity generated via presale into Uniswap. Conceptually, these technologies are meant to reduce risk, increase funds raised, and put an end to exit scams. Because this is the first launch of this technology, it will be licensed out to further projects in the future with the end goal being all Uniswap listings require this for assuredness.


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