What % return in bonus tokens should the presale distribute?

In addition to returning 180% on your initial investment in locked LP tokens, an LGE (Liquidity Generation Event) style presale allows an adjustable amount of bonus tokens to be distributed. Their standard is 3%, so your total return is 183%.

While this sounds like just the icing on the cake, you can't unbake a cake, and in this case, the ingredients were more expensive. You can sell the locked LP's, though, likely at a discount. In which case, 3% may not be liquid enough for some participants of this type of presale to feel comfortable participating in it. A high amount of bonus tokens would prevent post-presale sniping to have the presalers stronger in the native token to act fast.

We need to find the balance that makes the most sense for everyone to feel comfortable. I think that is in the range of 10-50%, but I will include 3% since it is sort of the default.

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In the below examples, I use 90k as an example for amount of tokens in the presale. We have yet to vote on emissions structure, so % of supply to pre-mint is undetermined, but it will be around 8.26-15% of our max supply of 1M tokens (10% = 100k) with 1% of max supply in airdropped tokens (1% = 10k), which would leave 90k tokens for presale.

Option 1 - 3% Bonus Tokens

Example:

• 87.4k tokens in liquidity
• 2.6k bonus tokens.

Liquidity strength ratio @ presale: 97.1% Liquidity strength ratio @ airdrop: 87.4%

This is the default % of bonus tokens for all of EmpireDEX's own LGE's. Their investors will be used to this model, and it has survived the test of time thus far.

The upside to a small % of bonus tokens is that no one can dump on launch more than 3%. That's pretty awesome, and perhaps a good place to be and reason enough to give up your ability to be agile. Furthermore, the more tokens in liquidity vs. outside, the stronger the liquidity pool will be during farming as well as the pre-farm / post-launch period.

Option 2 - 10% Bonus Tokens

Example:

• 81.8k tokens in liquidity
• 8.2k bonus tokens.

Liquidity strength ratio @ presale: 90.9% Liquidity strength ratio @ airdrop: 81.8%

This is the most equivalent to our airdropped amount, so I imagine a balance of those in the presale vs. those in the airdrop would be a healthy advantage. It also happens to be the commission of the launchpad. I like this option best.

Option 3 - 20% Bonus Tokens

Example:

• 75k tokens in liquidity
• 15k bonus tokens.

Liquidity strength ratio @ presale: 83.3% Liquidity strength ratio @ airdrop: 75%

This is the % that brings the total return on initial investment up to 200%, which is a nice round number. It also gives the presalers a stronger advantage over the airdroppers. Personally, I like this option second best.

Option 4 - 30% Bonus Tokens

Example:

• 69.2k tokens in liquidity
• 20.8k bonus tokens.

Liquidity strength ratio @ presale: 76.9% Liquidity strength ratio @ airdrop: 69.2%

Option 5 - 40% Bonus Tokens

Example:

• 64.3k tokens in liquidity
• 25.7k bonus tokens.

Liquidity strength ratio @ presale: 71.4% Liquidity strength ratio @ airdrop: 64.3%

Option 6 - 50% Bonus Tokens

Example:

• 60k tokens in liquidity
• 30k bonus tokens

Liquidity strength ratio @ presale: 66.7% Liquidity strength ratio @ airdrop: 60%

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How to Vote

Voting for this proposal will be weighted. Distribute the % of your vote in the form of points into your top choices in any points you want. So if you like option 1 okay, but option 2 the best, and option 3 in between, you could allocate your votes 3 points (15%) to option 1, 10 points (50%) to option 2, and 7 points (35%) to option 3.

Due to urgency, this vote will not need quorum. Whatever gets the highest allocation is what we will go with.

VOTE WISELY ;)