šŸš€Launchpad

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:

  1. Purchase Options: Users can participate in ILOs using two types of coins: - LOVELY Coins - TON Coins

  2. 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

  3. Using TON Coins:

    • Purchase directly through your connected wallet

    • Subject to minimum and maximum purchase limits (these will be specified for each ILO)

  4. 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?

  1. Early Access: Get new tokens or assets before they're widely available

  2. Potential Value: Early acquisitions may increase in value over time

  3. Game Advancement: New tokens or assets might provide in-game advantages

  4. 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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