🐑Lambda Launch
IDO Supply: 100,000,000 | Floor Price: $.005
Initial Token Sale
The initial sale of $LMDA will be done using the Basedpad launchpad. Using a launchpad ensures multiple things: a controlled floor price, an even distribution of tokens across many wallets, and a smooth token sale process. Purchasing $LMDA tokens through the launchpad will provide users early access to the $LMDA token and the Lambda Protocol, as well as discounted token price.
Accessing the Launchpad
In order to participate in the initial token launch, one must qualify for one of the Basedpad tier levels by holding $BOOST.
Access to Basedpad's top three tier levels requires the ownership of both $BOOST and $BASED.
These tier levels provide access to staking rewards on Basedpad and most importantly increase your WL allocation of $LMDA as you ascend the tier list.
To better understand the "WL Allocation," let's imagine 10% of the total $LMDA supply is being sold via the launchpad and a 1x WL allocation is equivalent to 50,000 $LMDA tokens. This means that every user that holds enough $BOOST to qualify for at least the "Cadet" tier has the chance to purchase 50,000 $LMDA tokens.
Those in the "Cadet" and "Voyager" tiers are placed in a lottery to receive a 1x token allocation and are not guaranteed a WL allocation.
Because the "Paladin" tier level has a 1.2x WL Allocation, Paladin's can purchase up to 60,000 $LMDA tokens. If you qualify for the "Overlord" tier you can purchase 500,000 $LMDA tokens.
Qualifying for the General, Emperor, and Overlord tier requires the ownership of both $BOOST & $BASED.
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