PrimeDAO
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PrimeDAO

Prime (D2D) Liquid Launch LBP

Starting on December 14th on Prime Launch

  • The Prime (D2D) Liquid Launch will be held on Dec 14, 2021, at 14:00 UTC and will be active for 3 days, concluding on Dec 17, 2021, at 14:00 UTC.
  • Prime will be distributing up to 7% of the D2D token total supply with a starting price of 3.43 USDC.

PrimeDAO

PrimeDAO is a D2D builders hub offering Collaboration-as-a-Service.

A visualization of a DAO’s life-cycle as it engages and grows with Prime

Prime $D2D Network

PrimeDAO was first conceived in Q2 2020 by a network of DeFi and DAO builders, with the first Mainnet iteration of PrimeDAO launching in December 2020 on DAOstacks’s alchemy. During its first year of existence, PrimeDAO contributors crowdfunded approx. $700K and coordinated internally through the early, currently inactive, PrimeDAO Token and the internal Prime Reputation system.

Breakdown of the Prime (D2D) token distribution.
Visualization of a possible way value and control may flow in Prime Launch as the product matures

Launching D2D via Prime Launch

Prime Launch is the decentralized launchpad developed by PrimeDAO assisting Web3 project owners to launch their project tokens with minimal technical know-how. Prime Launch provides two robust mechanisms for projects to launch their tokens. Prime will use the Liquid Launch method that leverages the Balancer Protocol v2.0’s liquidity bootstrapping pool mechanism to expand the control and resources of the Prime network and bootstrap liquidity for the D2D token.

How a Liquid Launch LBP functions

Liquidity Boostrapping Pools (LBPs) are adjustable Balancer pools used to bootstrap initial liquidity for a token and the initial price discovery of new assets. LBPs are liquidity pools that change weights over time. As the weights change they created selling pressure on the project token, leading to the price of a project token to drop if there is no buying pressure.

Prime (D2D) Liquid Launch Details

All proceeds of the D2D Liquid Launch will be transferred to PrimeDAO’s Treasury — after which the DAO will spin up two main liquidity pools; 80% D2D / 20% WETH and 50% D2D / 50% BAL with its treasury assets.

Get Primed!

We’ve never been more confident that DAO2DAO interactions will drive the future of crypto networks. It has never been a more exciting point to get involved in Prime and reshape DAO coordination.

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Collective of experienced builders enabling DAO 2 DAO innovation.

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