šLaunchpad
Introduction to Launchpad in Lovely Legends
What is a Launchpad?
A Launchpad is a platform that allows players to participate in Initial Liquidity Offerings (ILOs) for new tokens or assets within the Lovely Legends ecosystem. It's a way for players to get early access to new in-game items or currencies, often at preferential rates.
How the Launchpad Works in Lovely Legends:
Purchase Options: Users can participate in ILOs using two types of coins: - LOVELY Coins - TON Coins
Using LOVELY Coins:
Eligibility is based on your staking pool: ā¢ 60 Days Pool: Use up to 1% of your staked amount ā¢ 120 Days Pool: Use up to 2% of your staked amount ā¢ 240 Days Pool: Use up to 5% of your staked amount
Using TON Coins:
Purchase directly through your connected wallet
Subject to minimum and maximum purchase limits (these will be specified for each ILO)
Token Claiming:
Purchased tokens can be claimed at a pre-determined time after the ILO
Claimed tokens will be sent directly to your connected wallet
Example: If you've staked 1000 LOVELY Coins in the 120 Days Pool, you can use up to 20 LOVELY Coins (2%) to purchase new tokens in an ILO.
Why Use the Launchpad?
Early Access: Get new tokens or assets before they're widely available
Potential Value: Early acquisitions may increase in value over time
Game Advancement: New tokens or assets might provide in-game advantages
Community Participation: Be part of the game's growth and ecosystem expansion
Important Notes:
Each ILO may have different terms, limits, and schedules. Always review the specific details before participating.
Participation in ILOs involves financial risk. Only contribute what you can afford to lose.
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