General FAQ

Frequently Asked Questions about Fjord.

General FAQ

What is the difference between curated and unvetted projects on Fjord?

Curated projects have undergone a review process according to the standards of the third party curator and are prominently featured within our platform's interface. Conversely, unvetted projects are accompanied by additional risk warnings. Users are required to acknowledge these risks through a confirmation modal before participating in an unvetted LBP.

Can I undertake a sale on Fjord for tokens in market?

Yes, you can undertake a sale on Fjord for tokens already in the market. This is akin to a Series A or B funding round, allowing you to sell off treasury tokens for stablecoins or other assets. You can also attach vesting to manage any sell pressure.

How can I become a curator or service provider for Fjord?

To apply as a curator or service provider, please initiate a support ticket on our Discord channel. Our team will review your application and guide you through the subsequent steps.

How do I seek technical support?

For technical support, please join our Discord channel and open a support ticket. Our team will be glad to assist you.

How much liquidity should I deposit in a DEX after the sale?

While we cannot offer specific financial advice, we recommend that projects deposit a sufficient amount of liquidity to facilitate healthy trading activity if they intend to list on a decentralised exchange post-sale.

Can I block participants from certain countries participating in sales?

Yes, projects can block countries that are required in accordance with their local legal jurisdictions and regulations. This is done during the sale creation process.

When are tokens distributed to participants?

Tokens are claimed after the sale. More details can be found here. If you have vesting enabled, tokens are claimed via Sablier. More details on this process can be found here.

What chains can I launch on?

Fjord is currently live on multiple networks including Ethereum, Polygon, Binance Smart Chain, Avalanche, Arbitrum, Mode, Blast, Base and Optimism. Additionally, we offer cross-chain swaps via LiFi to enable easy access to participate in chains on different networks.

What tokens are accepted in sales hosted by Fjord?

Typically, projects accept Wrapped Ether (WETH), USDC, USDT, and DAI. However, we can support custom ERC-20 tokens to be accepted. Contact us to learn more.

What fees do Fjord charge?

At the conclusion of your LBP, Fjord takes a flat 3% fee from the collateral token (Usually $USDC, $WETH) balance. The fee is automatically transferred to Fjord when your LBP ends.

There is also a 2% swap fee that is paid by participants who buy into the pool.

Does Fjord help with Know Your Customer (KYC) requirements?

While we can configure the UI for KYC LBPs, actual KYC checks are external to Fjord. You'll need to whitelist wallets and may opt to work with third-party KYC vendors to meet compliance demands.