Initial RollApp Offerings (IRO)
How it works
Unlock the power of $STN with governance, staking rewards, and economic incentives driving Sirath Network’s growth.
Initial RollApp Offerings (IRO) Sirath Network
Target Raise
- Sirath Network aims to raise a specified amount of DYM through its IRO to fund RollApp development and ecosystem expansion.
- The target raise directly impacts the pricing curve and drives token sales activity during the IRO.
Incentive Distribution
- After the launch of the Sirath RollApp, any unsold IRO tokens will be distributed as liquidity provider (LP) incentives.
- Distribution starts exactly 1 day post-launch and spans 365 days (1 year) to ensure sustainable liquidity.
Minimum IRO Duration
- Sirath Network establishes a minimum waiting period before the official RollApp launch.
- Once the waiting period ends, an Operator can initiate the RollApp launch.
- IRO participants can then exchange their tokens 1:1 for the Sirath RollApp’s native token, completing the token migration process.
Bonding Curve Options
For the Sirath Network IRO, creators can choose a bonding curve that aligns with their fundraising objectives:-
Fixed Price:
- The token price remains constant throughout the IRO period.
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Linear Growth:
- Token prices increase steadily as more tokens are purchased.
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Logarithmic Growth:
- Prices rise sharply at first, then stabilize over time.
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Exponential Growth:
- Prices increase at an accelerating rate, rewarding early participants.
Benefits for Sirath Network Participants
- Custom Bonding Curves: Provide flexibility to optimize for different fundraising strategies.
- Sustainable Liquidity: Post-launch incentives ensure long-term support for trading and ecosystem growth.
- Predictable Tokenomics: Investors can anticipate token price changes based on the bonding curve, fostering confidence.
The Sirath Network IRO reflects a commitment to community engagement and scalable innovation, setting the foundation for a thriving decentralized ecosystem.