How it works

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Initial RollApp Offerings (IRO) Sirath Network

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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.

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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.

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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.

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Bonding Curve Options

For the Sirath Network IRO, creators can choose a bonding curve that aligns with their fundraising objectives:

1. Fixed Price:

   • The token price remains constant throughout the IRO period.

2. Linear Growth:

   • Token prices increase steadily as more tokens are purchased.

3. Logarithmic Growth:

   • Prices rise sharply at first, then stabilize over time.

4. Exponential Growth:

   • Prices increase at an accelerating rate, rewarding early participants.

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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.