Introduction to Fair Launch on AO

What is a Fair Launch Program FLP ?

A Fair Launch Program is a method of distributing tokens without pre-mines, private sales, or insider allocations. Instead, all tokens are released gradually, allowing the community to participate equally from the start. The process involves:

• Configuration: Setting up FLP parameters such as token process, total supply, duration, and release schedule.

• Create the FLP: Provide the supply that it's configured with, so that it custodies those tokens throughout its life cycle, distributing them tick by tick.

• Community Participation: Enabling users to participate typically by delegating yield or staking assets once the predetermined start date arrives.

The Benefits of a Fair Launch Program

• Transparency: Every aspect of the token distribution is open and verifiable. This builds trust, as participants can see exactly how tokens are allocated without any hidden advantages.

• Trust: Every community member gets an equal chance to receive tokens. This inclusive approach mirrors the principles behind decentralized finance.

• Sustainability: An FLP prevents market distortions that often occur when insiders dump tokens at the first sign of profit, thereby promoting long-term stability.