PROPOSAL: Prioritize $TOKEN stakers and holders within TokenFi Launchpad

TokenFi Launchpad recently launched on mainnet, to great success. The first token sale event on the platform sold out within 10 minutes despite little prior awareness of how users can participate in the event.

While this shows the strong level of attention TokenFi Launchpad is able to command, it also highlights the need to ensure that $TOKEN stakers and holders benefit the most from the platform.

TokenFi Launchpad is a decentralized launchpad that anyone can use to launch or raise funds for their tokens. However, we highlight the best of these token launches to the TokenFi/Floki community.

In fact, we have close to a dozen of these token launches already planned and due to be announced in the coming days and weeks. However, we envision a scenario in which some of these token sale events could be sold out in minutes, especially if open to the general public. This could result in the majority of $TOKEN stakers and holders being unable to participate in these events when they should be the main beneficiaries.

This proposal aims to give $TOKEN stakers and holders a priority within TokenFi Launchpad by introducing the “TokenFi Launchpad Supercharge Program.”

If this proposal passes, the following will happen for TokenFi Launchpad token launches/sales events we choose to highlight to the TokenFi/Floki community going forward:

1. $TOKEN stakers will have priority and get an early headstart in joining these token sale events, often having the opportunity to buy the majority (or all!) of the launch allocation hours before the general public.

2. The allocation a user can buy in a token sale event will be influenced by a combination of the value of the token they staked and how long it is staked. The same multiplier used for the TokenFi staking program will apply, and having more $TOKEN staked will allow users to buy more of the available allocation.

Here is an overview of the current multiplier for the TokenFi staking program:

• 3 months — 1.25x
• 12 months — 2x
• 24 months — 3x
• 48 months — 4x

In other words, even though users will only be able to participate if they have more than $1,000 worth of $TOKEN staked, having more tokens staked will always allow them to buy a higher percentage of the pool, all things being equal.

3. $TOKEN holders will be prioritized after stakers. If $TOKEN stakers do not buy all the available token allocation in a token sale event after a set time, the token sale will be open to $TOKEN holders next, and they will be able to participate before the general public.

4. Users need to stake at least $1,000 worth of $TOKEN to be qualified as part of the TokenFi Launchpad Supercharge Program, and staking more $TOKEN will provide an advantage. For example, all things being equal, someone who stakes $100,000 worth of $TOKEN (or more) will be able to buy several times the allocation someone who staked $5,000 worth of $TOKEN will be able to buy. The same applies to $TOKEN holders, although holders will only be able to participate after stakers have been prioritized and will generally get smaller allocations than stakers.

5. Users who do not stake or hold $TOKEN will only be able to participate after the window given to stakers and holders has elapsed. For very hyped launches, users who do not stake or hold $TOKEN might not be able to participate at all since priority will be given to stakers first and then holders who might buy all the available token sale allocation.

If this proposal passes, it will be executed as soon as possible, ideally within a few days after its passage, depending on how quickly our dev team can move.

We will also release documentation that provides an overview of how the “TokenFi Launchpad Supercharge Program” works.

This proposal's ultimate purpose is to ensure that most of the value from token sale events on TokenFi Launchpad goes to $TOKEN stakers and holders, which should further enhance the utility of $TOKEN.

NOTE: There is currently a 2% transaction fee in place for every successful token sale event on TokenFi Launchpad, charged to projects that conduct a token sale event on the platform in the form of the native token they raised. 50% of this fee buys and burns $TOKEN for every successful token sale event on the ETH and BNB chains, making $TOKEN perpetually deflationary. This proposal does not affect this fee. The TokenFi Launchpad Supercharge Program will be implemented IN ADDITION to this fee, which should help enhance the utility of $TOKEN and result in more $TOKEN being removed from circulation or burned.

DO YOU VOTE IN FAVOR OF PRIORITIZING $TOKEN STAKERS AND HOLDERS WITHIN TOKENFI LAUNCHPAD?