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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.