Overview

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Initial RollApp Offerings (IRO) Sirath Network

Sirath Network leverages Initial RollApp Offerings (IRO) to launch its native tokens, laying the groundwork for its evolution into a fully operational RollApp. Through IRO, Sirath Network ensures robust liquidity and fosters ecosystem growth.

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Key Features

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Liquidity Bootstrapping

• Sirath Network’s IRO acts as a liquidity bootstrapping mechanism.
• DYM collected during IRO is used to establish a standard liquidity pool when the Sirath RollApp launches.
• Any unsold IRO tokens and remaining DYM are reinvested to enhance liquidity post-launch.
• After the Sirath RollApp goes live, participants can claim native Sirath tokens by burning their IRO tokens at a 1:1 ratio.

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Pricing Mechanism

• Sirath IRO tokens follow a bonding curve model, selected to align with the network’s goals.
• The bonding curve and target fundraising goal directly influence pricing dynamics.
• Investors can use the curve to assess potential price changes and evaluate the value of their contributions.

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Benefits of Sirath Network IRO

1. Efficient Launch:
   Sirath Network establishes a seamless pathway to RollApp development and growth.

2. Early Liquidity Assurance:
   Ensures liquidity is available even before the Sirath RollApp reaches full functionality.

3. Creator Autonomy:
   Provides Sirath Network with full control over tokenomics and pricing, tailored to strategic objectives.

4. Interoperability:
   Fungible ERC-20 tokens enable easy integration into diverse blockchain ecosystems.

Sirath Network exemplifies its vision for decentralization, innovation, and liquidity-first RollApp development, empowering the community and driving blockchain evolution.