Doubler Lite Mainnet Launch Event

Doubler
doubler.pro
Published in
3 min readJul 4, 2024

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💡After 3 days and 50,000 electricity generation attempts, the light bulb has been lit.

We are pleased to announce that the countdown to the mainnet launch of Doubler Lite has begun, with the official launch scheduled for 02:30 (UTC) on July 5th.

Simultaneously, we will start a 5-day “Liquidity Airdrop” event, with up to 500,000 DBR tokens to be airdropped. The airdrop distribution rules are the same as the ITO. And the initial distribution of the ITO airdrop is scheduled for July 25th.

⛓Principles

  • Please read the [Doubler Lite Docs] to understand how it works before participating in this event.
  • The purpose of the event is to encourage community participation in the mainnet product experience with relatively low risk exposure, and it sets a limit of no more than $200 worth of crypto assets for a single input.

📑Rules

  • DBR Airdrop Quantity: Up to 500,000 tokens
  • Location: doubler.pro
  • Time: From 02:30 UTC on July 5th to 02:30 UTC on July 10th (5 days).
  • Participation Method: Hold C tokens. We will take a snapshot of C Token holders at the end of the event. Wallet addresses holding C Tokens will be eligible to share the rewards of this event.
  • Theoretical Airdrop Quantity Formula: (Number of C tokens held / Total circulating supply of C tokens) * 500,000.
  • Airdrop Distribution Method: 1/ If the theoretical airdrop amount for a single wallet is less than or equal to 1,000 DBR, the actual airdrop amount received will be equal to the theoretical airdrop amount. 2/ If the theoretical airdrop amount for a single wallet is greater than 1,000 DBR, the actual airdrop amount will be 1,000 DBR.
  • Airdrop Distribution Time: The same as the ITO, which is July 25th.

📍 Doubler Lite is an attempt to combine an asset separation protocol with the Martingale strategy, putting a brand new form of asset trading into practice for the first time. Although it has been audited by Code4rena and SlowMist, we have still set a limit of $200 for the value of assets per single input during the Lite version to ensure that users have relatively low risk exposure before fully understanding the underlying logic of this product. If you cannot accept such risks, please do not participate.

👀How to Obtain C Tokens

  • By inputting ETH or WETH through the input page, you can mint C tokens. The maximum value of assets for a single input cannot exceed 200 USD.
  • By purchasing C tokens on the secondary market

• C token is the abbreviation for ARB-ETH-C token.

• The maximum airdrop quantity per address is 1,000 DBR.

• The 500,000 DBR tokens for this event come from the Token Allocation marketing portion.

• There are no withdrawal restrictions in this event, and you can freely exit through the withdraw page.

📚What is Doubler?

Doubler is a Defi tool, which is a “Buff” public product for crypto assets. The product is inspired by the concept of martingale, a traditional martingale strategy that requires a large amount of money to support the continuous growth of the betting amount. Doubler solves this problem by crowdfunding and incentivizing a portion of the profits.

InJanuary 2024, Doubler successfully closed its seed funding round, spearheaded by Youbi Capital. Notable contributors to this round include Bixin Ventures, Mask Network, Comma3 Ventures, Pivot Labs, Continue Capital, Sanyuan Capital, Waterdrip Capital, DWF Ventures, Gate Labs, Formless Capital, MT Capital, and CatcherVC.

Website:https://doubler.pro/

Gitbook: https://doubler.gitbook.io/doubler-lite

Discord: https://discord.com/invite/doubler

Twitter: https://twitter.com/doubler_pro

Medium: https://medium.com/doubler-pro

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Doubler
doubler.pro

Doubler aims to establish an open investment protocol enabled by smart contracts.