How to Participate in the LBP Event

Fjord Foundry provides simple participation in LBP events in a few simple steps:

Published in

Nilo official

2 min readJan 30, 2024

Don’t FOMO
Understand LBP (Liquidity Bootstrapping Pool)
Read 👉 What is a LBP by Fjord Foundry
Read 👉 How to participate in an LBP by Fjord Foundry

Step 1: Set up your wallet

You will need to hold a funding token — in this case, USDC. This is the token that will be used to buy $NLT through the LBP.
Install Metamask: go to MetaMask.io and select Android or iOS for mobile application and select Chrome for desktop, or go directly to the Chrome store or Google Play store.
After you install it, follow Metamask’s instructions to set it up correctly.

Step 2: Fund your wallet with the required funding tokens.

Step 3: Connect to Fjord Foundry

Go to https://www.fjordfoundry.com/
Click the “Connect Wallet” button in the top right
Choose your Metamask wallet
After connecting, part of your wallet address will appear near the “Connect Wallet” button in the previous section.

Step 4: Participate in the $NLT LBP

Step 5: Process to follow at the end of the LBP

Redeeming Your Tokens Post-LBP

At the end of the LBP, you are required to redeem your tokens. Using the redeem function will move the tokens directly to your wallet. If you have vested tokens, a link to Sablier will be given to see your vesting schedule, shown in the interface.

Closing the LBP

To close the LBP, participants can initiate it, but usually, the LBP creator handles it. In many cases, the pool is closed automatically, and you can simply go ahead and redeem your tokens.

Step 6: Completed!

After completing this swap, you’ll have your tokens. If you don’t see them in your wallet right away, check the FAQ for possible reasons.

Feel free to follow us on all our platforms:

X: https://twitter.com/CollectNilo

If you enjoyed reading this article, please give us a clap 👏 and leave your comments below.