1. Go to “ DODO Workshop” → “Create Crowdpooling”
2. Configure Your Pool Parameters
a. Set Price
Select the token you would like to launch a Crowdpooling campaign for, and enter the total amount of tokens you would like to deposit.
Note: when interacting with a token on DODO for the first time, you need to grant the DODO platform access to your tokens in your wallet. Click the “unlock” icon and confirm the action in your wallet.
Select the % of tokens for sale (this parameter can not be greater than 50%). Total number of tokens for sale = total number of tokens * % of token for sale. The rest of the tokens will be deposited into the liquidity pool after the Crowdpooling campaign ends, and will be available for withdrawal after the liquidity protection period.
For tokens with deflationary features enabled (such as the “Burn” and the “Trading Fees” features), please set the Init Sales Ratio as follows:
Desired % of tokens for sale*(1- deflationary percentage)
Select sale price. Set the token sale price with the unit token and the amount.
b. Set Time
- Set Crowdpooling start time: participants can only stake after the Crowdpooling period starts
- Set Crowdpooling end time: Participants will receive their tokens after this time
- Liquidity Protection: After the end of a Crowdpooling campaign, there is a Liquidity Protection period. During this period, the Crowdpooling campaign creator's funds will be locked to guarantee sufficient market depth and liquidity.
c. Optional Features
- Linear Release: If this option is selected, the tokens will be locked up and released in a linear fashion instead of being fully claimable at the end of the Crowdpooling campaign.
- Initial claim percentage: The percentage of tokens to be claimed initially.
- Time delay for initial claims: The number of days after the end of the campaign that users can start to make initial claims for their tokens; by default this is set to 0, which means that users can start to make initial claims right after the end of the Crowdpooling campaign.
- Linear release period: Locked-up tokens will be released in a linear fashion during the period specified after the initial claim; by default this is set to 0, which means that all tokens can be claimed with the initial claim.
- Overfunding now allowed: If this option is selected, new participants will not be accepted after the Crowdpooling cap is reached, and all existing participants will not be able to withdraw the funds they have contributed.
- Trading fee: This is the trading fee rate of the liquidity pool generated at the end of the Crowdpooling campaign; by default this is set to 0.3%.
3. Inviting Your Friends to Your Crowdpooling Campaign
Click “Invite” to share the link of your campaign with your friends and community members.
4. Settling the Crowdpooling campaign
After the Crowdpooling campaign ends at the configured end time, anyone can choose to settle the campaign. Settling a campaign means concluding it so that tokens can be distributed to participants and the corresponding liquidity pool will be created immediately and open for spot trading. The wallet address that successfully settles a campaign will receive 0.2 ETH (if the campaign is for an ERC-20 token), or 0.2 BNB (if the campaign is for a BEP-20/BSC token), but please note that the settle transaction requires a gas fee to be submitted.
5. After the Liquidity Protection Period, Unstable the LP Tokens.
6. DODO Crowdpooling allows projects to configure Whitelist by themselves, and those who are on the list are eligible to participate in the Crowdpooling campaign. However, this function is not by default, so projects have to contact the DOOD team to set up relevant association configuration on the backend.
Learn more about Whitelist here: https://docs.dodoex.io/english/toolbox/crowdpooling/configure-whitelist
7. Risk Warning
Participating in Crowdpooling is not risk-free, and there is always a possibility of loss. Please be careful when proceeding and make sure you understand the risks. DODO is not responsible for financial losses caused by poor project operations, token supply increases, secondary market crashes and other factors.