# Welcome to Fjord! Discovery starts here. ### **What is Fjord?** Connecting innovative projects with engaged backers through a community-focused platform, facilitating capital raising and early-stage idea participation via token sales. {% embed url="" %} {% hint style="danger" %} ### Disclaimer Please note that participating in token launch and liquidity bootstrapping events via Fjord Foundry is a high-risk endeavour and that the value of the digital assets that you've received in exchange for contributing to such events might go to 0. Fjord Foundry is not liable for any losses incurred by using our platform. Always DYOR (Do Your Own Research) before participating and verify information provided by the platform and projects. {% endhint %} # About Learn more about the purpose and idea behind the creation of Fjord. ### Our purpose Fjord is a community-focused platform that specialises in connecting innovative projects with engaged backers. Built upon the principles of fairness and transparency, we offer a variety of token sale methods, including our most popular and well-renowned method—Liquidity Bootstrapping Pools (LBPs). Fjord's mission is to democratise access to early-stage opportunities for our community of backers while providing projects the means to bootstrap liquidity in a seamless and straightforward manner. For both project teams and individual backers, we provide an all-in-one environment geared towards early-stage ideas. Teams can focus on what truly matters—building out their vision and generating liquidity for decentralised exchange trading. While backers can explore a selection of early-stage opportunities that resonate with their passions and beliefs. Fjord serves at the inflection point where projects and supporters engage, collaborate, and grow together. # Glossary Understand key terms that are utilised on Fjord. #### Allocation The number of tokens a participant is eligible to buy in a sale. Can be capped per wallet or per tier. #### AMM (Automated Market Maker) A type of decentralized exchange that uses algorithmic pricing based on token ratios in a liquidity pool. #### Buy-Only LBP An LBP where participants can only purchase tokens. Selling is disabled during the sale period. #### Claim Delay A delay set after the sale ends, during which participants cannot yet claim their tokens. Often used to allow time for LP setup. #### Collateral Token The token used to purchase project tokens in a sale, such as USDC, WETH, or another accepted asset. The project receives this token at the end of the sale. #### Cross-Chain Sale A sale where participants can contribute from any EVM-compatible chain using supported bridges. This allows broader access without needing to bridge manually before participating. #### FDV (Fully Diluted Valuation) The theoretical market cap of a token if all tokens in the total supply were in circulation. It is calculated as token price multiplied by total token supply. #### FJO The platform token for Fjord Foundry. May be used for staking, eligibility for certain sale tiers, or other platform benefits. #### Hard Cap The maximum amount a sale can raise. Once this amount is reached, the sale ends and no further purchases are accepted. #### LBP (Liquidity Bootstrapping Pool) A dynamic token sale mechanism where price starts high and decreases over time through token weight shifts. Designed to reduce bot activity and encourage price discovery based on real demand. #### Min Raise The minimum amount a sale must raise to be considered successful. If this threshold is not met, funds are returned to participants. #### Placeholder Token A temporary token used when the actual token is not yet ready at the time of the sale. These are later redeemable for the final token after TGE. #### Price Curve The projected token price path during a sale. In LBPs, this is determined by token weight changes. In tiered sales, pricing is defined step-wise across each tier. #### Sale Tier A pricing stage within a tiered sale. Each tier has its own price, allocation, and optional eligibility rules. #### Sablier A token streaming protocol. Used on Fjord to deliver vested tokens to participants over time after a sale ends. #### Slippage The difference between the expected price and the actual price received during a transaction. It results from real-time price changes and can be controlled by setting a slippage tolerance. #### Synthetic Liquidity A virtual collateral amount used to simulate real liquidity in zero-liquidity LBPs. This allows sales to launch without depositing upfront stablecoins. #### Testnet A blockchain network used for testing purposes. Fjord supports Sepolia testnet so creators can simulate their sale setup before going live. #### Token Claim The process of collecting tokens after a sale ends. Participants must return to the sale page and manually claim their tokens once the claim window opens. #### Token Vesting A method of distributing purchased tokens over a period of time. This prevents immediate selling and aligns participants with the long-term goals of the project. #### Whitelisted Sale A sale restricted to approved wallet addresses. Wallets must be added during setup and only those listed will be able to participate in gated tiers or sales. # Token Sale Types ### **Understanding Fjord Sale Types** Fjord currently supports three types of token sales: **Fixed Price**, **Liquidity Bootstrapping Pools (LBPs)**, and **Tiered Sales**. Each type works a little differently in terms of pricing, allocation, and when you can claim your tokens. Here’s a quick summary of what to expect with each: * [**Fixed Price Sale**](/fjord-foundry-docs/for-sale-participants/token-sale-types/fixed-price-sale)\ Tokens are sold at a fixed, known price. You know exactly how much you're paying, and how many tokens you'll receive. * [**LBP (Liquidity Bootstrapping Pool)**](/fjord-foundry-docs/for-sale-participants/token-sale-types/liquidity-bootstrapping-pools-lbps)\ The token price starts high and decreases over time based on demand. You choose when to buy in—earlier isn’t always cheaper. * [**Tiered Sale**](/fjord-foundry-docs/for-sale-participants/token-sale-types/tiered-sales)\ Tokens are offered in stages at different prices. Earlier tiers are usually cheaper, so buying early can offer better value. # Fixed Price Sale Learn more about Fixed Price Sales and why they are an effective method for token distribution. ### **What is a Fixed Price Sale?** Fixed Price Sales offer a straightforward way to participate in token sales. The token price is set at a fixed rate, providing predictability and simplicity. Participants can purchase tokens at this predetermined price without worrying about price fluctuations. ### **How does a Fixed Price Sale Work?** In a Fixed Price Sale, the token price is predetermined and remains constant throughout the sale. Participants buy tokens at this fixed rate until all tokens are sold or the sale ends. This method ensures a transparent and predictable purchasing process. ### **Benefits of Participating in a Fixed Price Sale** **Predictable Pricing:** The fixed price eliminates uncertainty, allowing participants to know exactly what they will pay for each token. **Simplicity:** Fixed price sales are easy to understand and participate in, making them accessible to a broader audience. **Fair Distribution:** Wallet limits can be set to prevent large buyers from dominating the sale, promoting wider distribution among participants. ### **Key Features** **Optional Wallet Limits:** Some sales may implement wallet limits to ensure fair distribution and prevent large buyers from dominating the sale. Check the specific sale details for any wallet limit information. **Bot Prevention:** While we can't always guarantee complete prevention of bots, we employ several features to ensure the sale is as bot-free as possible. These measures include disabling contract-based purchases and other anti-bot mechanisms to protect the integrity of the sale. **Automatic Raise Calculation:** The raise limit is automatically calculated based on the total number of tokens available for sale and the fixed price. This ensures a clear cap on the amount of funds that can be raised during the sale. **No Token Gating:** Fixed Price Sales on Fjord are no restricted by gated access unless specifically requested by the creator. # Liquidity Bootstrapping Pools (LBPs) Learn more about Liquidity Bootstrapping Pools (LBPs) and why they are the ideal method for token distribution. {% embed url="" %} **What are LBPs?** Liquidity Bootstrapping Pools (LBPs) are a fair way to participate in token sales. They start with a high price that gradually decreases over time, allowing participants to buy tokens when they feel the price is right. This mechanism helps in finding a fair market price and promotes wider token distribution. **How Do LBPs Work?** In an LBP, the initial price is set high to deter bots and ensure fair participation. As time progresses, the token price decreases due to changing weight ratios in the liquidity pool. Once the price reaches a level participants deem fair, demand typically stabilises the price, allowing for balanced token distribution. **Benefits of Participating in an LBP** * **Fair Pricing:** The price discovery mechanism ensures a fairer distribution of tokens. * **Flexibility:** Participants can choose to buy tokens at any point during the LBP when they believe the price is fair. * **Reduced Impact of Whales and Sniper Bots:** The high starting price and dynamic adjustment help prevent large buyers and sniper bots from dominating the sale. # Tiered Sales Learn more about Tiered Sales ### **What Are Tiered Sales?** Tiered sales are token sales split into different pricing levels or “tiers.” Each tier offers tokens at a specific price and may have a limited allocation. Earlier tiers usually offer lower prices, while later tiers increase in price. This lets early supporters get in at better value and helps the project manage demand and participation over time.\ \ Projects may use tiered sales for RWAs, nodes or other novel use cases. ### **Why Participate in a Tiered Sale?** **Get In Early, Pay Less**\ Lower-priced tiers are typically available first. If you’re quick, you can secure tokens at a better rate before later tiers raise the price. **Transparency and Structure**\ Tiered sales clearly outline token pricing and allocation ahead of time. You’ll know the price of each tier, how much is available, and how much you can buy—no surprises. ### **How It Works** * Each tier has a set price and token amount available. * You can purchase from any available tier. * Once a tier sells out, the next tier becomes active (if one exists). * Some sales may let you buy from multiple tiers at once if your purchase spans across tiers. ### **Tips for Participating** * **Check Tier Info Early:** Look at the pricing and supply for each tier so you can plan your purchase. * **Be Quick on Popular Sales:** Lower tiers can sell out fast—acting early may secure you a better price. * **Watch for Wallet Limits:** Some sales have limits on how much each wallet can buy in a tier. * **Track Your Allocation:** After the sale, you’ll be able to see what tier(s) you bought from and how many tokens you’re set to receive. # Fjord Features Discover how you can understand and engage with a range of innovative features designed to enhance the participant experience on Fjord. Fjord is evolving to support a broader range of token sales, with new features designed to enhance flexibility, improve user experience, and better connect participants with innovative projects.\ This next phase of platform development introduces powerful tools for engaging with all types of token launches—from fixed price and overflow sales to tiered and node-based models. Features are being rolled out in stages to ensure smooth performance and intuitive user flows at every step. Here’s what you can expect: * [**Token Vesting**:](/fjord-foundry-docs/for-sale-creators/fjord-features/token-vesting) Experience a lasting engagement with communities you care about through token vesting. This process builds a long-term relationship between participants and creators, fostering sustained participation. * [**Buy Only LBPs**: ](/fjord-foundry-docs/for-sale-creators/fjord-features/buy-only-lbps)Engage in a new approach to price discovery with Buy Only LBPs. This model aligns with traditional token sale methods, offering a new way to engage in price discovery. * [**Min and Max Raise:**](/fjord-foundry-docs/for-sale-participants/fjord-features/min-and-max-raise) Contribute to projects with clear liquidity goals, set through minimum and maximum caps, also known as soft and hard caps. * [**Whitelisting**:](/fjord-foundry-docs/for-sale-participants/fjord-features/whitelisting) Enjoy secure and exclusive participation in select sales that feature participant whitelisting. * [**Cross Chain Sales:** ](/fjord-foundry-docs/for-sale-participants/fjord-features/cross-chain-sales)Participate in token sales using assets from different blockchains. Cross chain support allows contributors to join sales without needing to bridge funds manually, making it easier and more accessible to take part in launches—regardless of which network you hold your assets on. * [**Token & LP Lock:**](/fjord-foundry-docs/for-sale-participants/fjord-features/token-claiming) Some sales on Fjord use token or LP locking to ensure liquidity remains stable during the sale. Instead of receiving tokens immediately, you’ll redeem them after the sale ends. This helps protect the integrity of the sale and enables features like vesting and delayed distribution. * **Leaderboard (Coming Soon)**: Engage in a competitive and community-focused environment with a leaderboard highlighting key contributors. # Token Vesting Learn how to set up token vesting for your sale on Fjord and how it works using our Sablier integration. Some sales on Fjord include **vesting**, which means your tokens are released gradually over time instead of all at once. Vesting is handled through **Sablier**, a trusted streaming protocol that lets you track your token distribution in real time. After the sale ends, you’ll receive a link to view your personal vesting stream on Sablier. This stream is represented by an NFT in your wallet and updates automatically as tokens unlock. ### **Why buy into a Vested Token LBP** **Better Entry Opportunities**\ Vesting sales often offer more favorable pricing, rewarding early supporters who are aligned with the project’s long-term goals. **Stronger Project Alignment**\ This structure mirrors the approach taken by VCs and long-term backers—supporting the project over time and helping ensure healthy token distribution. ### **How to Check Vesting Terms** On the live sale page (above the price chart), you’ll see whether vesting is enabled.\ If it is, it will display: **Vesting: Enabled**\ \ You’ll also be able to view the vesting duration, any cliff period, and the start time before buying in.
### View Vesting Terms To review the vesting terms for an sale, head to the additional details section below the chart, expand the section that references token vesting.
* **Token Vesting**: This feature is activated, indicating that tokens will be released over a set period rather than all at once. * **Vesting Schedule**: Displays key dates and times for the vesting period's start and end, aligned with the LBP's conclusion. * **Vesting Cliff**: Shows if a cliff is set, a specific time when the token distribution begins. * **Sablier Streaming**: At the sale end, you can view your token vesting stream NFT on Sablier, providing a transparent and live tracking method for your vested tokens. ### How to Access Vested Token NFT At the end of the sale you will need to redeem your purchased tokens.
Once that is complete you can then view your Vesting Contract on Sablier by clicking the button below 'Redeem Tokens'.\ \ This will take you to the Sablier app where you will need to connect your wallet, at which point you will be able to view your vesting streams:
\ ![](/files/SEMiBhjAYJi6MGgGp7wf) **Token Vesting with Sablier:** Sablier's Lockup Linear vesting contracts are elegantly straightforward. They allow for a constant and predictable flow of tokens to recipients over time, visualised as a straight, ascending line on a graph. This means that over the duration of the vesting period, the same amount of tokens is released per second, providing clarity and simplicity for both project creators and recipients.\
**Understanding Cliffs:** To offer even greater control, we've incorporated the ability to set a "cliff" within these vesting contracts. A cliff acts as a threshold that must be reached before any tokens are released. Until this point is reached, the tokens accumulate but remain inaccessible. Once the cliff is passed, the accrued tokens become available, and new tokens continue to stream at the predetermined rate. This mechanism is perfect for creators looking to establish a vesting schedule that aligns with project milestones or employee tenure. For example, you might set a 1-year cliff, after which linear vesting continues for 3 years.\
[Visit Sabliers website to learn more](https://sablier.com/) # Buy Only LBPs Learn about how Buy Only LBPs work and how to identify one when participating in a Liquidity Bootstrapping Pool. About Buy Only LBPs Buy Only LBPs represent a new twist on traditional Liquidity Bootstrapping Pools. Unlike the conventional model that involves both buying and selling, Buy Only LBPs focus solely on the buying aspect. This approach is designed to align more closely with traditional methods of bootstrapping, where buying is the primary action and provides a new way to engage in price discovery. ### How To Identify a Buy Only LBP To recognize a Buy Only LBP, look for the indication "LBP Type - Buy Only" in the section above the chart on the LBP platform. This label helps you easily identify the nature of the LBP you're considering participating in.\
# Min and Max Raise Learn more about how minimum and maximum raises work. When participating in a token sale on Fjord, you’ll often see a **minimum raise amount** and a **maximum raise amount** specified. These values help define the scope of the sale and provide important protections for both participants and project creators.
### **Minimum Raise Amount** The **minimum raise amount** is the least amount of funds the project needs to consider the sale successful. If the sale does not meet this target by the end of the sale period, all participant contributions are **refunded**. This mechanism ensures that if the project does not raise enough to proceed as planned, contributors are not left with tokens from an underfunded project. **Benefits for Participants:** * **Risk Mitigation**: If the sale doesn’t reach the minimum goal, you’ll automatically get your contribution back. * **Confidence**: You can participate knowing that the project won’t move forward unless it meets its financial needs. ### **Maximum Raise Amount** The **maximum raise amount** is the cap on how much the project is willing to accept. Once this amount is reached, the sale will automatically **end**, preventing any further contributions. This limit is designed to keep the project from becoming overfunded, ensuring a balanced token distribution. **Benefits for Participants:** * **Transparency**: You’ll know upfront that the project isn’t trying to raise unlimited funds, which helps prevent overvaluation. * **Fairness**: If the maximum raise is hit quickly, it reflects strong demand, giving the project a good starting point without creating inflationary pressure on the tokens. ### Where to view the Min and Max Raise Info If a creator has set a minimum and maximum raise amount, this info is provided in the 'sale info' tab outlined below.
**What Happens if the Min or Max is Reached?** * **If the Minimum Raise isn’t Met**: All contributions are refunded, meaning your funds are returned and the sale is considered unsuccessful. * **If the Maximum Raise is Hit**: The sale ends immediately, and no further contributions are accepted. The project is considered fully funded, and participants will receive their token allocations. # Whitelisting Learn more about the whitelisting process on Fjord. ### Whitelisting Some token sales on Fjord use whitelisting to manage who can participate. This allows the project team to control access, prioritize early supporters, and ensure tokens go to their desired community. #### Who Sets the Whitelist? The whitelist is entirely managed by the project launching the sale. They decide the eligibility criteria and which wallets are added. These lists are often based on project-specific actions, such as form submissions, previous activity, or community contributions. #### FJO Stakers & Whitelisting When a project chooses to enable whitelisting, Fjord typically offer FJO stakers the opportunity to be included in that whitelist.\ \ This gives active Fjord participants a chance to join select token sales—even if the sale is gated by the project. However, final inclusion is still determined by the project team and their specific criteria. ### How to Check If You're Whitelisted To check if you're whitelisted for a sale, simply connect your wallet to the Fjord site and visit the sale page. Once connected, you'll see one of the following messages:
* If you see the message on the left:\ You are not whitelisted and cannot participate in the sale. The message will indicate the sale is restricted and suggest contacting the project for whitelist access. * If you see the message on the right:\ You are whitelisted and will be able to participate when the sale opens. # Cross Chain Sales Discover how Fjord supports the ability to use liquidity from any chain and any liquid token to buy into sales. Fjord Foundry now supports cross-chain sales using liquidity from any liquid token on any supported chain via LI.FI. **Benefits include:** * **Non-siloing of liquidity:** Access liquidity from various blockchains, reducing siloed liquidity. * **Greater uptake of Layer 2 solutions:** Lower fees by leveraging Layer 2 solutions while still accessing Layer 1 liquidity. * **Simple and seamless UX:** Enjoy a straightforward and user-friendly experience for cross-chain participation. * **Broader market participation:** Enable a diverse range of investors from different blockchain ecosystems to contribute encouraging greater participation. **How it works:** In this example we will conduct a cross chain swap from Polygon to Base. As shown below, we are connected to the Polygon network.
The default setting will display the requested funding token from the project on the destination chain. To select a custom token or chain click the drop down box.
Next, choose the chain you wish to source the liquidity from. In this case we will select Polygon.
Then select what token you wish to use to fund the purchase. In this case we will select the Matic token.
Next you will have shown what your source blockchain and token. Here you can input how many tokens you wish to sell which will provide an expected output of the sale token on the destination chain.
Click swap, and you will see a preview of the swap and a pop up in your wallet. Click 'confirm'. You may be required to do some approval transactions.
Complete! Finalise the necessary transactions in your wallet and be sure not to increase gas settings and your purchase should be finalised.
# Token Claiming Learn more about how token claiming works after a sale and why tokens aren't immediately available. ### Token Claiming Tokens from sales on Fjord are never available during the sale. Instead, participants must claim their tokens after the sale ends. This delay ensures a fair launch environment by preventing premature liquidity creation and protecting the integrity of the sale. *** #### Why Token Claiming Is Important **Protects Sale Integrity**\ Preventing early access to tokens stops participants from setting up liquidity pools or secondary markets before the sale concludes. This helps ensure fair price discovery and participation. **Enables Advanced Features**\ Delayed claiming allows for seamless integration with features like token vesting, streaming, and structured post-sale distribution. **Applies to All Sale Types**\ Whether it’s a fixed price, tiered, overflow, or LBP sale, tokens will always be claimable only once the sale has officially ended. *** #### Project-Controlled Claim Delays In some cases, projects may apply a short delay after the sale ends before tokens can be claimed. This window allows time to finalize LP setup or complete backend processes. If a delay is in place, the interface will clearly show how much time remains until claiming is available. *** #### How to Claim Your Tokens 1. **Wait for the Sale to End**\ You can only claim tokens once the sale is complete. If a delay is active, the claim button will appear with a countdown showing when claiming becomes available. 2. **Click “Claim Tokens”**\ Once the claim period opens, use the interface to redeem your tokens directly to your wallet. 3. **Check Vesting (if applicable)**\ If your tokens are subject to vesting, a link (e.g. to Sablier) will be provided so you can track your vesting schedule in real time. # How to Participate in a Sale # How to Participate in a LBP Follow these step by step instructions to learn how you can participate in an LBP on Fjord. ***Note: This video will be updated to reflect the latest version of Fjord soon and currently references an older version.*** {% embed url="" %} ### **Introduction** Fjord Foundry offers a straightforward and transparent way to participate in [Liquidity Bootstrapping Pools (LBPs).](/fjord-foundry-docs/for-sale-participants/token-sale-types/liquidity-bootstrapping-pools-lbps) LBPs on Fjord enable global projects to distribute value via tokens through community backing, fostering transparent and equitable partnerships via a dutch auction style of distribution. \ This approach democratises access to early-stage opportunities for everyone! **Note:** The tutorial primarily focuses on participation using Ethereum, but the process is similar across other networks like Avalanche and Arbitrum where Fjord is available. ### **Step 1 - Set up wallet** Depending on what LBP you are looking to participate in you will need to hold a funding token. This is the token that will be used to buy into the token that’s being launched through the LBP. On Fjord, common funding tokens are USDC, DAI, WETH (a wrapped version of ETH), and ETH. To install Metamask, go to [MetaMask.io](http://metamask.io) and select from Android or iOS for mobile application and select Chrome for desktop. You can also go directly to the Chrome store, Google Play store, or Apple App Store (soon). Click the download button. For users on a desktop, you can click the download button in the main nav as per below. Once you have installed the Metamask wallet, please ensure that you follow the prompts on the Metamask UI to correctly set up the wallet.
### **Step 2 - Fund wallet** Once you have installed the Metamask you will need to send the funding token required to your metamask wallet. LBPs hosted on the Ethereum network will need to have ERC-20 funding tokens to buy into them. Please ensure that you are sending this correctly from the exchange or other platform used to obtain the funding tokens. You can then send the tokens to your Metamask Ethereum ERC-20 wallet.
### **Step 3 - Connect and explore** Now you have your funding tokens in your wallet, you can visit the [https://fjordfoundry.com](https://copperlaunch.com) website, and connect your wallet. Click the “Connect Wallet” button in the top right hand of the screen and choose your wallet.
Your wallet will show it is connected once the “Connect Wallet” button in the previous section shows part of your wallet address.
### **Step 4 - Buy into the LBP** Once you have selected the LBP you wish to participate in, you will see the following screen. The contents of the screen may vary depending if the LBP is yet to start, in progress or concluded. The below example is an example of an LBP that is in progress. Please note this is an LBP being run on a test network.
**LBP Research** Prior to participating we recommend researching the following before deciding to participate in a LBP. 1. Number of tokens in the LBP 2. Total number of tokens minted 3. Team and previous investor unlocks 4. Implied market cap 5. Reputation of the project team 6. Liquidity plans following the LBP (where can I trade the token and how much liquidity will there be after the LBP?) 7. Product positioning, will it succeed long term? You can find some additional LBP participant tips [here.](/fjord-foundry-docs/for-sale-participants/sale-participant-tips/lbp-participant-tips) {% hint style="info" %} **Buying strategy** The buying strategy for Fjord Foundry's LBPs involves a more equitable distribution due to its unique price decay model. Initially, tokens have a high price to deter bots and large investors from monopolizing supply. The price then gradually lowers to a more realistic level, allowing participants to enter at a price they find fair. This strategy requires participants to be cautious and make informed decisions about when to buy, as the initial high prices eventually adjust based on market response and the token's weighted setup in the LBP. {% endhint %} Based on all of the factors you have taken into consideration and the price is at a point where you feel it is fair market value, you can begin your purchase.
In the above example on testnet, we are using WETH to buy into the pool. Input the amount of WETH tokens you wish to buy in with. Input the amount of tokens you wish to purchase.
Prior to the purchase occurring, you may need to approve the tokens via your Metamask. This can be done by clicking the “Approve” button. On the Ethereum network, there is a fee associated with this. This fee can vary depending on the price of Ethereum gas at the time. We recommend using the Metamask recommended fee to complete your transactions.
Once the tokens have been approved your transaction will be ready to purchase, which you can do by clicking the Swap button.
Process the transaction in your wallet. Once the transaction is complete, you will see a project token balance.
{% hint style="info" %} **Note:** When you participate in an LBP, you trade a representation of the actual tokens, ensuring constant liquidity throughout the event. At the end of the LBP, you must redeem to receive the actual tokens into your wallet.\ \ Learn more in the [Token Claiming](/fjord-foundry-docs/for-sale-participants/fjord-features/token-claiming) section. {% endhint %} ### Step 5 - Process to follow at the end of the LBP **Redeeming Your Tokens Post-LBP** At the end of the LBP, you are required to redeem your tokens. Executing the redeem function will transfer the actual tokens to your wallet. In the case of vested tokens, a link to Sablier will be provided to view your vesting stream, as demonstrated in the interface.
**Closing the LBP** While participants can initiate the closing of the pool, this is typically performed by the LBP creator. In most instances, you'll find that the pool has already been closed for you, and you can proceed directly to redeem your tokens.
### Step 6 - Completed! Once this swap is done, voila! You will have your tokens. If you can’t immediately see the tokens in your wallet, read on below for our [FAQ](/fjord-foundry-docs/for-sale-participants/general-faq) as to why they may not be showing. # How to Participate in a Fixed Price Sale Follow these step by step instructions to learn how you can participate in an Fixed Price Sale on Fjord. ### **Introduction** Fjord Foundry offers a straightforward and transparent way to participate in Fixed Price Sales. Fixed Price Sales on Fjord enable global projects to distribute tokens at a set price, fostering transparent and equitable partnerships. This approach democratizes access to early-stage opportunities for everyone! **Note:** This tutorial primarily focuses on participation using Ethereum, but the process is similar across other networks like Avalanche, Solana and Arbitrum where Fjord is available. ### **Step 1 - Set up wallet** To participate in a Fixed Price Sale, you will need a wallet that holds a funding token. This is the token that will be used to purchase the tokens being offered in the sale. Common funding tokens on Fjord include USDC, DAI, WETH (a wrapped version of ETH), and ETH. To install Metamask, go to [MetaMask.io](http://metamask.io) and select from Android or iOS for mobile application and select Chrome for desktop. You can also go directly to the Chrome store, Google Play store, or Apple App Store (soon). Click the download button. For users on a desktop, you can click the download button in the main nav as per below. Once you have installed the Metamask wallet, please ensure that you follow the prompts on the Metamask UI to correctly set up the wallet.
### **Step 2 - Fund wallet** After setting up MetaMask, you need to send the required funding token to your MetaMask wallet. Fixed Price Sales hosted on the Ethereum network will require ERC-20 funding tokens.
### **Step 3 - Connect and Explore** Now you have your funding tokens in your wallet, you can visit the [Fjord foundry](https://www.fjordfoundry.com/) website, and connect your wallet. Click the “Connect Wallet” button in the top right hand of the screen and choose your wallet.
Your wallet will show it is connected once the “Connect Wallet” button in the previous section shows part of your wallet address.
## Step 4 - Participate in the Fixed Price Sale Once you have selected the Fixed Price Sale you wish to participate in, you will see a screen similar to the example below. The contents of the screen may vary depending on whether the sale is yet to start, in progress, or concluded. The example below shows a sale that is in progress.
**Key Elements on the Page** * **Price Per Token**: This indicates the fixed price at which each token is being sold. * **Max Allocation per Wallet**: The maximum number of tokens each wallet can purchase. * **Soft Cap**: The minimum amount of tokens that must be sold for the sale to be considered successful. * **Funds Raised**: The total amount of funds raised so far. * **FDV (Fully Diluted Valuation)**: The total market value of the token if all tokens are issued and in circulation. * **Circulating Market Cap**: The market value of the tokens currently in circulation from the sale on Fjord only. * **Max Raise Amount**: The total target amount to be raised from the sale. * **Time Remaining**: The countdown timer showing how much time is left until the sale ends. * **Buy Section**: Here you can enter the amount of collateral token (e.g., ETH, USDT) you wish to use to purchase the sale token. **Buying Strategy**: * The strategy for Fixed Price Sales involves entering at a set price without worrying about price fluctuations during the sale. This can simplify the decision-making process compared to dynamic pricing models like LBPs. Ensure you have done your research and are comfortable with the set price and the project's fundamentals before making a purchase. Once you have considered all factors and decided to participate, you can enter the amount you wish to buy in the "Buy" section and proceed with your purchase. Click "Swap" to finalize your transaction and obtain the sale tokens. # Partnered vs Non Partnered Sales # Partnered Sales Understand the difference between a curated project and an unvetted project. ### Partnered Sales on Fjord **Partnered sales** refer to token sales conducted on Fjord in collaboration with an external partner, such as a key opinion leader (KOL), Web3 agency, or other supporting entities. These projects receive additional assistance beyond the Fjord team, with external partners often helping in the strategic direction, community engagement, and marketing efforts. The term "partnered" highlights that these projects are backed by experienced individuals or organizations who are contributing to the sale and potentially supporting the project in the longer term. **How Partnered Sales Work** All partnered sales on the Fjord platform undergo a review process. The process consists of the following stages: 1. **Internal Review by Fjord**: Our internal team conducts a thorough evaluation of each project, ensuring it meets our platform standards. 2. **Third-Party Review**: After the internal due diligence, an additional independent review by a trusted third party ensures that the project meets industry standards and expectations. **Benefits of Partnered Sales** * **Backing**: Partnered sales are supported by KOLs, Web3 agencies, and other strategic partners, which can help drive the project's visibility and credibility. * **Enhanced Community Engagement**: The involvement of partners often leads to more targeted marketing and stronger community support, contributing to greater project success. * **Vetting Process**: Projects in partnered sales undergo additional checks, providing greater confidence the project has been reviewed. {% hint style="info" %} **Important Considerations** While partnered sales offer many benefits, success is never guaranteed, and external support does not ensure that a project will achieve its goals. It’s crucial to always do your own due diligence and thoroughly research any project before participating in a sale. Remember that investing in early-stage projects involves inherent risks, and only buy into projects you are fully comfortable with. {% endhint %} # Non-Partnered Sales Understand how non-partnered sales work. ### Non-Partnered Sales on Fjord **Non-partnered sales** refer to token sales that are not supported by external partners like KOLs, Web3 agencies, or other entities. These sales are directly indexed from the blockchain and do not undergo the same levels of review or endorsement by the Fjord team. **How Non-Partnered Sales Work** Non-partnered sales are listed directly from the blockchain without any additional vetting or involvement from the Fjord team. Since these projects are not supported by external partners, there is no additional guidance or strategic support beyond the project's own efforts. * **No Fjord Team Review**: Unlike partnered sales, non-partnered sales are not subjected to Fjord’s internal due diligence process. * **Direct Blockchain Listing**: These sales are indexed directly from the blockchain, and Fjord does not conduct any assessments regarding their viability or risks. **Key Considerations for Non-Partnered Sales** * **No Endorsement**: Non-partnered sales are not reviewed or endorsed by the Fjord team, meaning they come with an increased level of risk. * **Self-Research Required**: Participants should perform their own due diligence before engaging in any non-partnered sale. As these projects lack the backing and support of external partners, the responsibility falls on participants to ensure they fully understand the project before investing. {% hint style="info" %} **Important Reminder** Due to the absence of a formal review and the backing of partners, non-partnered sales carry a higher level of uncertainty. It is essential to carefully evaluate each project and only participate in those that align with your research and risk tolerance. Always be sure to conduct thorough due diligence and never buy into projects you haven’t fully explored. {% endhint %} # General FAQ Frequently Asked Questions about Fjord. ## **General FAQ** #### **What is the difference between Partnered and Unvetted sales on Fjord?** **Partnered sales** are supported by an official launch partner and reviewed according to their due diligence standards. These sales are given featured placement across Fjord's interface. **Unvetted sales** are permissionless and automatically indexed from the blockchain. These have not undergone any review by Fjord or a third party, and participants must acknowledge the additional risks before joining. [More on Partnered vs Unvetted sales →](/fjord-foundry-docs/for-sale-participants/partnered-vs-non-partnered-sales/partnered-sales) *** #### How can I become a launch partner or service provider? If you're interested in collaborating as a launch partner or providing support services to projects launching on Fjord, [join our Discord](https://discord.com/invite/fjordfoundry) and open a support ticket. Our team will review and respond to your proposal. *** #### How do I get technical support? For technical issues, wallet questions, or sale troubleshooting, please join the [Fjord Discord](https://discord.com/invite/fjordfoundry) and open a support ticket. A team member will assist you directly. *** #### What chains can I participate on? Fjord supports a wide range of EVM-compatible chains, including: * Ethereum * Arbitrum * Optimism * Polygon * Avalanche * BNB Chain * Base * Blast * Sonic Solana is supported for some sale types, but cross-chain swaps are only available across EVM chains. If participating from Solana, you'll need to bridge to an EVM chain first for compatibility with cross-chain functionality. *** #### Can I participate with any token? Yes. Thanks to our integration with Axelar, you can use any liquid ERC-20 token from any supported EVM chain to join a Fjord sale. Your tokens will be automatically swapped into the required sale currency (e.g. USDC, WETH) during the purchase process. *** #### Does Fjord require KYC? Fjord itself does not conduct KYC. However, some sales are [whitelisted](/fjord-foundry-docs/for-sale-participants/fjord-features/whitelisting), and the project may choose to use a third-party KYC provider to manage eligibility. If you're joining a whitelisted sale, your wallet may need to be approved by the project beforehand.\ \ [More on Whitelisted Sales →](/fjord-foundry-docs/for-sale-participants/fjord-features/whitelisting) *** #### Why can’t I see tokens in my wallet after participating? Tokens are claimed after the sale ends and are never sent to participants mid-sale. This protects the integrity of the event and ensures LPs cannot be set up during the sale. [Read about token claiming →](/fjord-foundry-docs/for-sale-participants/fjord-features/token-claiming) *** #### Are there any fees? Yes. When buying into a sale, participants pay a **2% swap fee** on their contribution. This is included during the purchase process and helps support the platform. *** #### What are the risks of participating? All token purchases carry risk. Projects may fail, teams may go inactive, or tokens may become worthless. Even Partnered sales are not guaranteed to succeed. Always Do Your Own Research (DYOR) before contributing. *** #### How can I evaluate a project before participating? Fjord does not endorse or verify unvetted projects. We encourage you to: * Check if the project is listed as Partnered * Review the website and team * Read the whitepaper or documentation * Check for audits or public GitHub/code * Join their community and ask questions * Understand the tokenomics and vesting *** #### Are there participation limits? Yes. Each sale may define: * Per-wallet maximums * Minimum contribution amounts * Total raise caps (soft and hard) This information will always be visible on the sale page.\ \ [Learn more about Min and Max Raise →](/fjord-foundry-docs/for-sale-participants/fjord-features/min-and-max-raise) *** #### Can I participate in multiple sales at once? Yes. You can join as many live sales as you want, as long as you meet the eligibility requirements and funding thresholds for each one. *** #### How do I stay informed about upcoming sales? To stay up to date on upcoming launches, features, and platform updates: * 🌐 [Visit fjordfoundry.com](https://fjordfoundry.com) * 📣 [Follow us on X (Twitter)](https://twitter.com/fjordfoundry) * [💬 Join the Fjord Discord](https://discord.com/invite/fjordfoundry) *** #### Do I need a specific wallet to participate? You’ll need an EVM-compatible wallet, like MetaMask, Rabby, Coinbase Wallet, or WalletConnect.\ Mobile wallets work, but we recommend using desktop for the smoothest experience. *** #### Can I use a hardware wallet? Yes. Fjord supports hardware wallets through WalletConnect or browser wallet integrations like MetaMask. *** #### Will I get a refund if the sale doesn’t reach its goal? That depends on the minimum raise amount set by the project. If the minimum is not met, your contribution will be refunded. [Learn more about Min and Max Raise →](/fjord-foundry-docs/for-sale-participants/fjord-features/min-and-max-raise) *** #### Can I sell or trade my tokens immediately after the sale? That depends on the project. Some tokens are claimable immediately, while others may be **vested** or **have a claim delay.** Always read the sale details carefully.\ \ [Learn more about claiming and vesting →](/fjord-foundry-docs/for-sale-participants/fjord-features/token-claiming) *** #### What if I miss the claim window? There is no expiration on claiming your tokens. You can claim them at any time after the sale ends, as long as you still control the wallet you used to participate. # Fixed Price Sale FAQ Fixed Price Sales FAQ #### What is a Fixed Price Sale? A Fixed Price Sale allows you to purchase tokens at a set price, which remains constant throughout the sale. This format offers a simple and transparent way to acquire tokens without price fluctuations. [Learn more about Fixed Price Sales →](/fjord-foundry-docs/for-sale-participants/token-sale-types/fixed-price-sale) *** #### Are there wallet limits for Fixed Price Sales? Yes, sometimes. Projects can set per-wallet limits to prevent a small number of buyers from dominating the sale. These limits are displayed on the sale page if they apply. *** #### Are there minimum or maximum raise amounts? Yes. The maximum raise is determined by the number of tokens for sale multiplied by the fixed price.\ Some projects may also set a minimum raise — if that amount isn't met, participant funds may be refunded. [More on Raise Limits →](/fjord-foundry-docs/for-sale-participants/fjord-features/min-and-max-raise) *** #### Can I purchase in multiple transactions? Yes, you can make multiple purchases, provided: * The sale is still open * You haven’t hit the per-wallet limit * The total raise cap hasn’t been reached *** #### Can I participate at any time during the sale window? Yes. You can participate at any time until the sale ends or the raise cap is reached — whichever comes first. *** #### Can I participate from any chain or token? Yes, as long as the sale is on an EVM chain. Fjord supports cross-chain swaps, so you can use tokens from other chains to buy in (e.g., using USDC on Polygon to participate in an Arbitrum sale). [More on Cross-Chain Participation →](/fjord-foundry-docs/for-sale-participants/fjord-features/cross-chain-sales) *** #### Are anti-bot protections in place? Yes. Fixed Price Sales include several built-in protections such as: * Disabling contract-based purchases * Blocking known bot behaviors \ These measures aim to make participation fairer, though no system is 100% bot-proof. *** #### Are sales ever token gated? Yes. A project may choose to token gate access to a sale (e.g. requiring FJO staking or ownership of a specific NFT). If the sale is gated, the conditions will be clearly shown on the sale page. [More on Whitelisted Sales →](/fjord-foundry-docs/for-sale-participants/fjord-features/whitelisting) *** #### Can sales be cancelled or paused once they’ve started? No, not fully. Projects can pause the sale or hide it from public view, but they cannot cancel it entirely once it has begun. Sales can be cancelled before they start. # LBP FAQ LBP specific FAQ #### What are LBPs? Liquidity Bootstrapping Pools (LBPs) are a type of token sale where the price starts high and changes dynamically over time. The price can decrease or increase based on demand, helping to reduce early bot activity and giving participants more choice on when to buy. [Learn more about LBPs →](/fjord-foundry-docs/for-sale-participants/token-sale-types/liquidity-bootstrapping-pools-lbps) *** #### How do LBPs work? LBPs use changing token weight ratios to adjust the price. If there’s little demand, the price falls. If many participants buy early, the price may increase. You can buy at any time, based on what you feel is fair. *** #### Why participate in an LBP? LBPs offer a more flexible entry compared to fixed price sales. There’s no rush to buy immediately, and prices are not locked in. The structure also helps reduce the impact of sniper bots and large buyers by starting the sale at a high price. *** #### Are there risks? Yes. The price could move after you buy—up or down—depending on demand. There is also no guarantee of token value after the sale. Always do your own research before participating. *** #### What is the starting price? The price starts high to discourage bots and early sniping. It is designed to drop if demand is low, but may rise again if participation is strong. *** #### What is slippage? Slippage is the difference between the price you see and the price you actually pay. It happens because prices update with each purchase. You can control your slippage tolerance when confirming the transaction. *** #### How long do LBPs last? Most last between 2–5 days, but the duration is set by the project and displayed on the sale page. *** #### When is the best time to buy? There’s no perfect time—it depends on how the price evolves. Some buyers wait for it to drop. Others buy early to secure tokens. You can follow the live chart and buy when the price feels fair to you. *** #### Can I claim my tokens during the LBP? No. Tokens are only claimable after the sale ends. This prevents early liquidity being added and protects the sale’s structure. [Read more about claiming →](/fjord-foundry-docs/for-sale-participants/fjord-features/token-claiming) *** #### Can I buy and sell during an LBP? Some LBPs allow both buying and selling, while others are buy-only. Check the sale page to see which type it is. # Tiered Sale FAQ Tiered sale FAQ for Participants. #### What is a Tiered Sale? A Tiered Sale splits the token sale into different price tiers. Each tier offers tokens at a set price and quantity. Once one tier sells out, the next becomes available—usually at a higher price. [Learn more about Tiered Sales →](/fjord-foundry-docs/for-sale-participants/token-sale-types/tiered-sales) *** #### Why do projects use tiers? Tiers help reward early participants with lower prices while giving the project more control over demand and distribution. They also create structured buying windows instead of a first-come-first-served rush. *** #### How do I know what tier I'm eligible for? Some sales are open to everyone. Others may restrict specific tiers to certain wallet groups—like whitelisted wallets, early community members, or token holders.\ Any eligibility requirements are listed directly on the sale page. *** #### Can I buy from multiple tiers? Yes, if you qualify for multiple tiers and the sale hasn’t reached its overall cap. You can participate in more than one tier as long as wallet and allocation limits allow. *** #### What happens when a tier sells out? Once a tier sells out, it becomes inactive and the next available tier opens. If no further tiers remain, the sale is effectively closed. *** #### Do tier prices change during the sale? No. Each tier has a fixed price that does not change. The next tier may be more expensive, but prices are set in advance and visible on the sale page. *** #### Are there wallet limits for each tier? Yes. Projects can set max allocations per wallet for each tier independently. These limits are shown next to each tier in the sale interface. *** #### Are tiered sales refundable? No, tokens purchased in a tier are final unless the sale fails to reach its minimum raise (if one is set). Always review the sale terms before buying. [More on Raise Limits →](/fjord-foundry-docs/for-sale-participants/fjord-features/min-and-max-raise) *** #### When can I claim my tokens? Tokens are claimable after the sale ends, not immediately after your purchase. If there's a claim delay or vesting, it will be clearly shown on the sale page. [More on Token Claims →](/fjord-foundry-docs/for-sale-participants/fjord-features/token-claiming) # Sale Participant Tips # Fixed Price Sale Participant Tips We've collated three, easy to understand tips for those who choose to participate in a Fixed Price Sale. **Tip #1 - Check Wallet Limits** ❌ Participating in a sale without knowing if there are wallet limits can lead to unexpected issues. You might not be able to buy as many tokens as you want, or you might exceed the limit and miss out on the sale. ✔️ Always check the wallet limits set by the project. This information will help you plan your purchases and ensure you stay within the allowed limits, promoting fair distribution. **Tip #2 - Check Valuations** ❌ Blindly buying tokens without assessing their valuation can result in overpaying or investing in overvalued tokens. Not knowing the fair value of the tokens can lead to poor investment decisions. ✔️ Ensure you check the valuation of the tokens being sold. Compare the fixed price with your understanding of the project's fundamentals and market conditions to determine if the price is fair. **Tip #3 - Have Your Wallet Funded and Ready** ❌ Waiting until the last minute to fund your wallet can result in missed opportunities. If your wallet isn't ready, you might not be able to participate in the sale as planned. ✔️ Have your wallet funded and ready to go before the sale begins. This ensures you can participate quickly and efficiently once the sale starts, helping you secure your desired number of tokens. # LBP Participant Tips We've collated three, easy to understand tips for those who choose to participate in an LBP. {% embed url="" %} **Tip #1 - Circulating tokens** ❌ Never buy into an auction without knowing if there are tokens already circulating. Tokens can be sold and bought during auctions. Keep this in mind. ✔️ Always check the total number of tokens in the circulating supply and the total number of tokens being auctioned off. Knowing this will help you understand the potential impact of tokens being sold into an auction. **Tip #2 - Token Research** ❌ We never recommend blindly buying into a project without first understanding its fundamentals. A project listing on Fjord Foundry does NOT represent an endorsement. ✔️ Always DYOR and learn as much as possible about the project’s fundamentals. Fjord is a front end and acts like a window into the blockchain. As previously stated, Fjord does NOT endorse individual projects listed on the Fjord platform. **Tip #3 - Stay Patient** ❌ Buying at the start of an LBP can be risky since the price is designed to start at an inflated value. Of course, you can choose to do so, but you may be overpaying. ✔️ We always recommend staying patient and waiting for the price to hit a point you are comfortable buying at. # Token Sale Types ### **Choosing the Right Sale Type** \ Fjord supports three flexible sale formats: **Fixed Price**, **Liquidity Bootstrapping Pools (LBPs)**, and **Tiered Sales**. Each format serves a different strategic purpose depending on your project’s maturity, fundraising goals, and community engagement strategy. Here’s a quick overview to help you decide which is the best fit: * [**Fixed Price Sale**](/fjord-foundry-docs/for-sale-creators/token-sale-types/fixed-price-sale)\ A straightforward sale model where all tokens are sold at one set price. Ideal for simple launches with clear outcomes. * [**LBP (Liquidity Bootstrapping Pool)**](/fjord-foundry-docs/for-sale-creators/token-sale-types/liquidity-bootstrapping-pools-lbps)\ A dynamic pricing model where token price adjusts based on demand over time. Best suited for price discovery and broad distribution with no upfront liquidity required. * [**Tiered Sale**](/fjord-foundry-docs/for-sale-creators/token-sale-types/tiered-sales)\ Tokens are sold across multiple price tiers, allowing you to reward early supporters and structure supply across different buyer segments. # Fixed Price Sale Learn more about Fixed Price Sales and why they are an effective method for token distribution. A Fixed Price Sale offers a simple and transparent method for token distribution. This structure provides clarity for both project teams and participants by ensuring that all tokens are sold at a predetermined, consistent price. It’s an ideal format for projects that want a predictable fundraising process without the volatility of dynamic pricing. *** ### How does a Fixed Price Sale Work In a Fixed Price Sale, you define a set price per token and decide how many tokens will be available for sale. Here's how it works: 1. **Set the Token Price**\ You choose a fixed price for your token that will remain the same throughout the entire sale. 2. **Determine Token Quantity**\ You specify the number of tokens to be sold. This defines the maximum amount participants can collectively purchase. 3. **Define Your Fundraising Goal**\ Your raise target is automatically calculated based on price × supply.\ \&#xNAN;*Example: Selling 10,000 tokens at $10 each = $100,000 fundraising goal.* 4. **Run the Sale**\ Participants can purchase tokens at the fixed price until the total allocation is sold out or the sale period ends. *** ### Why Choose a Fixed Price Sale? #### ✅ Simplicity and Predictability Every buyer pays the same price. This avoids price fluctuations and keeps the sale fair and easy to understand. #### ✅ Easy to Set Up With no need for bonding curves or dynamic pricing algorithms, fixed price sales are quick to configure and launch. #### ✅ Clear Fundraising Targets Because the token price and supply are predetermined, your fundraising goal is transparent from the start—making communication with your community and investors easier. # Liquidity Bootstrapping Pools (LBPs) Learn more about Liquidity Bootstrapping Pools (LBPs) and why they are the ideal method for token distribution. {% embed url="" %} #### What is a Liquidity Bootstrapping Pool (LBP)? A Liquidity Bootstrapping Pool (LBP) is a revolutionary approach in the digital asset space, designed to facilitate fair and transparent token launches. It operates on a high-to-low pricing mechanism, akin to a Dutch Auction, where prices start high and decrease over time. This mechanism is a strategic choice by project and LBP creators to mitigate the influence of sniper bots and large investor (whale) manipulation. Participants have the opportunity to engage in community-driven price discovery, buying tokens at a price point they find equitable. LBPs represent a significant advancement in creating a balanced and inclusive environment for token distribution. #### Key Features **Dynamic Pricing and Weight Shifting:** LBPs are characterised by their dynamic pricing, similar to Dutch Auctions, where token prices start high and gradually decrease. This pricing shift is driven by changing token weights within the pool, influencing the price over time and making the price discovery process fairer and transparent. **Reduced Impact of Sniper Bots and Bad Actors:** LBPs effectively reduce the influence of sniper bots and bad actors through their high-to-low pricing strategy and dynamic token weight adjustments. This pricing model discourages the quick, profit-seeking purchases typical of these entities in general LP launches. Instead, it encourages participation from individuals genuinely interested in the project, ensuring a more equitable and intentional distribution of tokens. **Fair and Equitable Distribution:** LBPs are designed to ensure a balanced token distribution, setting them apart from traditional launch methods. By employing a structured, transparent pricing mechanism, LBPs enable a wider range of participants to engage in the process. This approach helps in distributing tokens not just based on speed or investment size, but in a manner that considers the broader community's opportunity to participate, fostering inclusivity and equity in the token distribution process. **Community Engagement and Trust Building**: LBPs foster a deeper level of community engagement and trust. By providing a transparent and fair token distribution process, they enable project creators to build a strong, supportive community around their project. Participants, on the other hand, gain confidence in the project's commitment to fairness and long-term value, leading to more sustained and meaningful engagement. **Enhanced Liquidity and Reduced Initial Capital Requirement:** LBPs offer an efficient way for project creators to bootstrap liquidity with reduced initial capital. The model allows creators to start with a high token-to-collateral ratio, reducing the need for substantial upfront capital. This aspect not only benefits creators but also enhances the overall market liquidity for participants, making it easier for them to trade tokens within the pool. This improved liquidity in the pool leads to a more efficient and user-friendly experience for buyers and sellers alike. **Democratising Access to Early Opportunities**: LBPs are instrumental in democratising access to early-stage opportunities, allowing virtually anyone with a novel idea to quickly initiate a token launch and generate liquidity in minutes. This accessibility empowers a wide spectrum of creators, from emerging enterprises to independent innovators, to efficiently bring their concepts to a broader audience. For participants, this opens the door to a variety of promising opportunities, broadening the range of projects and ideas they can engage with and support from their inception. # Tiered Sales ## Overview of Tiered Sales **Tiered sales** allow token sales to be divided into stages or "tiers," each offering tokens at different prices. This structure helps projects reward early participants with better pricing and manage demand as the sale progresses. **Node sales** in particular can benefit from this approach, offering early node buyers lower prices while increasing prices in later tiers. Tiered sales ensure a fair distribution of tokens and help maintain interest throughout the sale. ### **Why Use Tiered Sales?** **Reward Early Buyers**\ Participants in earlier tiers benefit from lower prices, encouraging early involvement and generating excitement for future tiers. **Manage Demand and Distribution**\ Staggering sales across tiers allows projects to control token distribution, managing supply and avoiding overwhelming demand in a single stage. **Flexible Pricing Strategy**\ Prices can increase in later tiers as milestones are reached or demand grows, ensuring that the pricing aligns with project progress and market conditions. ### **When to Use Tiered Sales** **Node Sales**\ For node-based projects, tiered sales offer lower pricing to early buyers, while subsequent tiers provide opportunities at higher prices as the project or rewards become more attractive. **Price Discovery**\ Projects may choose tiered sales if they want some level of control over the price while still allowing for an element of price discovery for their project token. ### **Benefits of Tiered Sales** **Encourages Early Commitment**\ Lower prices in initial tiers incentivize early participation, helping to build momentum and interest in the sale. **Controlled Distribution**\ By spreading token availability across multiple tiers, projects can maintain interest throughout the sale and manage token supply more effectively. ### How to Create a Tiered Sale To create a tiered sale, follow these steps: 1. **Click "Create Token Sale"**\ Navigate to the token sale creation page on the platform. 2. **Select "Tiered Sale"**\ Choose the tiered sale option from the available sale types. For more detailed instructions, [click here](/fjord-foundry-docs/for-sale-creators/how-to-create-a-sale/how-to-create-a-tiered-sale) to view the full documentation on setting up a tiered sale. # Fjord Features Learn how creators can leverage Fjord’s advanced sale features to launch, manage, and optimise their token sales with greater flexibility and control. Welcome to Fjord’s evolving suite of sale features—designed to give projects more flexibility, control, and confidence when launching tokens. These tools are built to support a wide range of sale types, reward long-term supporters, and streamline liquidity setup and token distribution. Below, you’ll find a breakdown of the key features available to you as a creator on Fjord.
* [**Token Lock:** ](/fjord-foundry-docs/for-sale-creators/fjord-features/token-and-liquidity-claiming)Tokens are not immediately available during a sale. Participants must claim their tokens after the sale ends, preventing early liquidity setups and ensuring a fair launch. Funds raised are sent directly to the creator’s wallet after the sale concludes and are not accessible during the event. * [**Token Vesting**:](/fjord-foundry-docs/for-sale-creators/fjord-features/token-vesting) Automate the distribution of tokens with customizable vesting schedules. Vesting ensures a structured and secure release of tokens over time, helping align long-term incentives with your community. * [**Buy Only LBPs**:](/fjord-foundry-docs/for-sale-creators/fjord-features/buy-only-lbps) Use a Liquidity Bootstrapping Pool (LBP) model that restricts activity to purchases only. This approach helps drive price discovery while minimizing volatility from early sells during the sale. * [**Zero Collateral LBPs**:](/fjord-foundry-docs/for-sale-creators/fjord-features/zero-liquidity-lbps) Launch with an LBP that requires no upfront collateral. This model uses virtual liquidity to simulate price movement, making it easier for early-stage projects to enter the market without needing capital upfront. * [**Cross-Chain Sales:**](/fjord-foundry-docs/for-sale-creators/fjord-features/cross-chain-sales) Enable participation from users across multiple chains using tokens from any major blockchain. Cross-chain support reduces barriers to entry and boosts accessibility for contributors. * [**Min and Max Raise**:](/fjord-foundry-docs/for-sale-creators/fjord-features/min-and-max-raise) Define a clear fundraising range by setting both minimum and maximum raise amounts. This helps structure your raise, manage expectations, and drive urgency as caps are approached. * [**Whitelisting**:](/fjord-foundry-docs/for-sale-creators/fjord-features/whitelisted-sales) CControl who can participate in your sale by enabling wallet-based whitelisting. This is ideal for private rounds, KYC-restricted offerings, or reward-based early access. * **Referral Fees (Coming Soon)**: Incentivize your community and partners to drive participation by offering referral rewards for bringing in contributors. * **Leaderboard (Coming Soon)**: Boost engagement by showcasing top contributors during the sale. Leaderboards add gamification and community energy to your token launch. # Token and Liquidity Claiming Understand how token and liquidity claiming works across all sale types on Fjord, including important details around fund flow and token availability. ### Liquidity & Fund Claiming (For Creators) For all sales on Fjord, the funds raised (typically in USDC, WETH, or another selected token) are **automatically sent to your project wallet** once the sale concludes. These funds: * Cannot be withdrawn during the sale. * Are transferred immediately after the sale ends. * Are not time-locked or delayed—your wallet receives them in full once the sale completes. * Unsold tokens are also sent back to your wallet after the sale. This ensures transparency for participants and gives your team instant access to liquidity after a successful raise. ### Token Claiming (For Participants) Participants in Fjord sales **do not receive tokens immediately during the sale**. Instead, tokens must be claimed after the sale has ended. This system: * Prevents participants from creating early liquidity pools before your project is ready. * Protects the integrity of the launch and ensures orderly price discovery. * Applies to all sale types: Fixed Price, Tiered, LBPs, and Overflow. ### Optional: Token Claim Delay To give your team time to set up post-sale infrastructure—such as liquidity pools, token listings, or announcements—you can enable a **Token Claim Delay**. This introduces a waiting period after the sale ends before tokens become claimable by participants. #### Key Details: * The delay can be set up to a maximum of **7 days**. * During this time, participants will see a countdown on the sale page. * After the timer expires, participants can claim their tokens. This feature is optional but recommended if you need time to coordinate launch activities post-sale.\
### Process to follow at the end of the Sale **Close the Sale** At the end of the sale you'll be asked to 'Close sale', as shown via the following message below. ***This is required to withdraw the liquidity earnt throughout the sale.***
**Complete & Withdraw Liquidity** Once the 'Close sale' call function is complete, the tokens then be able to be redeemed by participants while the collateral tokens earnt by the sale creator are automatically distributed to the wallet that was used to set up the sale. \ \ Participants will see the below screen so they are able to redeem the tokens at any stage they come back to the page. \ \ If a vesting contract has been created, participants are also redirected to Sablier where they can view their vested token stream.
# Token Vesting Learn how to set up token vesting for your sale on Fjord and how it works using our Sablier integration. ### About Token Vesting Fjord offers integrated token vesting through **Sablier**, a secure and widely used platform for streaming token distributions. Vesting helps ensure a structured token release schedule, allowing projects to manage token unlocks over time rather than distributing everything at once. \ ![](/files/SEMiBhjAYJi6MGgGp7wf) **How Sablier Vesting Works** Sablier's linear vesting contracts distribute tokens gradually and predictably. Once vesting starts, tokens flow to the participant’s wallet at a consistent rate over the chosen period. This creates a clear and trust-based experience for both creators and participants—tokens are never distributed all at once, helping align long-term incentives.\
#### Optional: Add a Cliff You can add a **cliff** to your vesting schedule. A cliff is a delay before any tokens become available. During this time, tokens accrue but cannot be accessed. Once the cliff period ends, the accrued amount unlocks immediately, and the remaining tokens continue to stream linearly. Example: A 1-year cliff followed by 3 years of linear vesting.
[Visit Sabliers website to learn more](https://sablier.com/) ### How to set up Token Vesting on Fjord * In Step 4, select **Yes** to enable vesting. * If you select **No**, tokens will be immediately claimable after the sale. **1. Enable Vesting** Vesting is configured during **Step 4** of the sale creation process.
2. **Review Start Date:** * Confirm the start date for vesting, which is automatically set to begin after the sale concludes. * Note: The vesting start date is determined by the end of the sale and is not editable unless you change when the sale ends.\
3. **Set the Cliff Date (Optional)** **a. If you don't want a cliff** If you do not wish to set a cliff and instead have a linear stream once the sale ends, click No.
**b. If you do want a vesting cliff** If you do wish to set a cliff and have proportion of tokens unlock at a certain time in the future, click yes.
* Next, you'll need to set a cliff date, which is the point in time when the first portion of tokens begins to be accessible. * The cliff date must be set for a time after the conclusion of your sale and should be a minimum 1 hour if enabled.. The system will display the duration from the end of the sale to the cliff date for clarity. 4. **Determine the Vesting Period and End Date**:
* After setting the cliff, you'll define the total vesting period—this is the timeframe over which the tokens will be distributed to your wallet. * The system automatically calculates the total duration from the end of the sale to the final vesting conclusion, providing you with the full timeline of token release. ### After the Sale Once the sale ends, the smart contract automatically starts streaming tokens to participants based on the vesting terms you configured. There’s no need to manually manage token distribution—Sablier handles it for you. Participants can visit the live sale page to view the vesting details and access their Sablier stream via the provided link.
# Buy Only LBPs Learn about how Buy Only LBPs work and how to set one up for your Liquidity Bootstrapping Event. ### About Buy Only LBPs The traditional model of LBPs has always centred on both buying and selling. We're excited to introduce a new approach — Buy Only LBPs. This innovative twist on LBPs is designed to reduce potential sell pressure and innovate on top of LBPs to be more in line with traditional bootstrapping methods where there is typically only buying. They also present an opportunity for projects to divest token assets that are already on the market in a manner that's streamlined and project-friendly. Buy Only LBPs maintain the dynamic and effective price discovery mechanism inherent to LBPs. The decaying price curve continues to operate under this model, offering a downward price trajectory that is determined by the initial settings you choose for your LBP. The same strategic considerations apply — your chosen weightings and token distribution parameters will influence the LBP's price movement, just without the option for immediate selling within the pool. ### How To Create a Buy Only LBP The process for setting up a Buy Only LBP is straightforward and integrated into the second step of the LBP creation process. Here's how you can configure your LBP to be Buy Only:\
**Step 2: Sale Structure Configuration** 1. **Navigate to Sale Structure**: During the creation of your LBP, step 2 will focus on the sale structure of your pool. 2. **Choose LBP Type**: You will encounter an option asking you to specify the type of LBP you wish to set up. The options will be 'Buy Only' or 'Buy and Sell'. 3. **Select 'Buy Only'**: To proceed with a Buy Only LBP, simply select 'Buy Only'. This will configure your LBP to allow purchases of your token without the option to sell back into the pool during the LBP duration. # Zero Liquidity LBPs Learn more about how Zero Liquidity LBPs work. To set one up, simply follow the standard LBP creation flow as it's now the default option. ***Live now!*** Zero Liquidity LBPs are an advanced sale feature on Fjord that allow projects to launch without providing upfront capital. Instead of starting with actual deposited liquidity, these LBPs use a virtual automated market maker (vAMM**)** model, which blends real and virtual liquidity once the sale begins. This feature is fully supported across Fjord’s LBP infrastructure and is available by default when setting up a compatible sale—no additional configuration is required beyond selecting the LBP mechanism as your preferred choice of token sale. ## **How Zero Liquidity LBPs work** **Virtual Launch**\ The LBP begins in a virtual state, meaning you do not need to deposit real collateral at the start. The initial price is calculated using a combination of your token and virtual collateral (e.g. USDC, WETH), based on the weight curve you define. **First Purchase Triggers Real Liquidity**\ When a buyer makes the first contribution with real assets (e.g. USDC or WETH), the system blends this real liquidity into the pool and continues with the programmed pricing trajectory. **Dynamic Price Discovery**\ After the initial trade, the LBP functions like a traditional LBP, with pricing determined by market activity and the predefined curve ### Benefits of Zero Liquidity LBPs **No Upfront Capital Required**\ Launch without needing to deposit stablecoins or other collateral. This reduces financial barriers for early-stage projects.\ \ **Lower Risk Exposure**\ Creators don’t risk capital by funding the pool upfront—real liquidity only enters when participants contribute. **Equal Accessibility**\ This model makes LBPs more accessible to all types of projects, encouraging innovation and experimentation. # Cross Chain Sales Discover how Fjord supports the ability to use liquidity from any chain and any liquid token to buy into sales. Fjord Foundry now supports cross-chain sales using liquidity from any liquid token on any supported chain via Squid (Axelar). **Benefits include:** * **Non-siloing of liquidity:** Access liquidity from various blockchains, reducing siloed liquidity. * **Greater uptake of Layer 2 solutions:** Lower fees by leveraging Layer 2 solutions while still accessing Layer 1 liquidity. * **Simple and seamless UX:** Enjoy a straightforward and user-friendly experience for cross-chain participation. * **Broader market participation:** Enable a diverse range of investors from different blockchain ecosystems to contribute encouraging greater participation. **How it works:** In this example we will conduct a cross chain swap from Polygon to Base. As shown below, we are connected to the Polygon network.
The default setting will display the requested funding token from the project on the destination chain. To select a custom token or chain click the drop down box.
Next, choose the chain you wish to source the liquidity from. In this case we will select Polygon.
Then select what token you wish to use to fund the purchase. In this case we will select the Matic token.
Next you will have shown what your source blockchain and token. Here you can input how many tokens you wish to sell which will provide an expected output of the sale token on the destination chain.
Click swap, and you will see a preview of the swap and a pop up in your wallet. Click 'confirm'. You may be required to do some approval transactions.
Complete! Finalise the necessary transactions in your wallet and be sure not to increase gas settings and your purchase should be finalised.
# Min and Max Raise Learn how minimum and maximum raises can be used to help manage the outcome of your sale. Setting Minimum and Maximum Raise Amounts When creating a token sale on Fjord, one of the critical steps is defining the **minimum** and **maximum raise amounts**. These values help ensure your sale aligns with the financial goals of your project, while providing clear expectations for participants. ### **Minimum Raise Amount** The **minimum raise amount** is the smallest amount of funding your project needs for the sale to be considered successful. If the sale doesn’t meet this amount, contributions will be automatically refunded, and the sale will not proceed. **Why Set a Minimum Raise?** * **Project Viability**: Ensure your project is funded sufficiently to move forward as planned. * **Participant Trust**: Gives your participants confidence that you aren’t proceeding with a project that’s underfunded. ### **Maximum Raise Amount** The **maximum raise amount** is the upper limit for the funds you want to collect. Once this limit is reached, the sale will automatically close, preventing any additional contributions. **Why Set a Maximum Raise?** * **Fund Management**: Prevents overfunding, ensuring your project raises only what it needs. * **Token Distribution**: Helps you control the number of tokens distributed and maintains a fair balance between demand and supply. ### How to Set Min and Max Raise Amounts You can set both the **minimum** and **maximum raise amounts** during **Stage Two** of the sale creation process. This stage gives you the flexibility to ensure your funding targets align with your project’s needs.
By clearly defining your raise amounts, you provide transparency and structure to your sale, helping to manage expectations for both you and your participants.\
# Whitelisted Sales Discover how whitelisted sales work on Fjord. ### Overview Whitelisted sales allow you to limit participation in your token sale to a pre-approved list of wallet addresses. This feature ensures that only selected participants can engage in your sale, providing greater control over who gets access to your tokens. These sales are ideal for exclusive offerings, private rounds, or sales with a specific audience. ### Setting Up a Whitelisted Sale You can set up a whitelisted sale on **Page 4** of the token sale creation process. On this page, you will find an option to upload a CSV file that contains the wallet addresses you wish to whitelist. Once uploaded, only those addresses will be able to participate in your sale.
#### Example CSV Upload To help you set up your whitelist,[ here is an example CSV file](https://docs.google.com/spreadsheets/d/1iWgX85-1sned-ikJb1rNtkkVSpxG1ZMkszoSY9Nsoyg/edit?usp=sharing) that you can download and customise with your own list of addresses: *Please ensure you download the file as a CSV.* The CSV file should be structured as follows: * **Column A**: Wallet addresses (in hexadecimal format) ### How Whitelisted Sales Appear Whitelisted sales will be marked with a unique icon on the **Explore** page, making it clear to users that participation is restricted to whitelisted wallets. **(Image of whitelisted sales icon)** ### Eligibility and Participation In order to participate in a whitelisted sale, you will need to connect a wallet that has been approved and is listed in the whitelist. If your wallet is not whitelisted, you will see the following message when trying to engage in the sale through the swap panel:
Make sure your wallet is properly connected and approved to avoid any issues during the sale process. ### Key Benefits of Whitelisted Sales * **Control Access**: Ensure only selected wallets can participate, maintaining exclusivity. * **Security**: Reduce the risk of unwanted participants or bots accessing your sale. * **Transparency**: Easily communicate sale limitations and participant requirements to your audience. ### FAQs #### Can I change the whitelist after the sale has started? No, once the sale is live, the whitelist is locked to ensure fairness and consistency. #### What happens if I accidentally omit a wallet from the whitelist? Unfortunately, you won’t be able to add wallets once the sale has started. It’s essential to ensure your whitelist is finalized before launching the sale. #### Can I run a whitelisted sale and a public sale simultaneously? Yes, you can use different sales for different audiences. You may want to use a whitelisted sale for an exclusive round, followed by a public sale for broader participation. # How to Create a Sale # How to Create an LBP Follow these step by step instructions on how to create an LBP on Fjord Foundry. ***Note: The below video is for V1 of Fjord and does not represent the updated version.*** {% embed url="" %} ### Testing We recommend all creators test their sale setup on **Sepolia** before launching on mainnet. Below are helpful links to get started: * **Get Sepolia ETH:** [Alchemy Sepolia Faucet](https://www.alchemy.com/faucets/ethereum-sepolia) * **Test Token Contract (for minting tokens):** [View on Sepolia Etherscan](https://sepolia.etherscan.io/address/0x73F4E02efBffCADC9C2Af25213faD30Cb67Dc55c#writeContract) *** ### Create a LBP Ready to set up your Liquidity Bootstrapping Pool?\ Start here: [Create LBP](https://app.fjordfoundry.com/token-sales/create/lbp/branding) ### Step 1 - Contract Address & Images Input a valid ERC-20 contract address and provide a valid image links for your project token. You can also upload an optional banner image to be used for the preview card. > WARNING: If your ERC-20 has any type of transfer restrictions or transfer hooks of any kind, it i essential that you launch a test pool prior to your LBP to ensure your custom functionality does not impede the pool creation or closing process. **Token image:** Recommended size 400x400 and shorter size URL ending in .jpg or .png such as [this](https://blog.mexc.com/wp-content/uploads/2022/08/Pudgy-Penguins.png). **Banner image:** Recommended size 620x200 and shorter size URL ending in .jpg or .png such as [this](https://thewealthmastery.io/wp-content/uploads/2023/05/pudgy-penguin.jpg).
### Step 2 - Select LBP Characteristics **Choose between a Buy Only LBP and a regular Buy and Sell LBP.**\ \ LBPs offer two options: the traditional 'Buy and Sell' model allowing participants to both purchase and liquidate tokens throughout the event and a new '[Buy Only](/fjord-foundry-docs/for-sale-creators/fjord-features/buy-only-lbps)' model which restricts activity to purchasing, aimed at aligning with traditional forms of fundraising. \ \ Both maintain the LBP's price discovery via a decaying price curve. During setup, creators can choose their preferred model to best align with their strategic goals.
### Step 3 - Select LBP Characteristics 1. **Configure Quantities**: Enter the number of your project tokens you want to distribute in the LBP and select the collateral token, typically USDC or USDT, which backers will use to purchase your tokens. 2. **Configure Weights**: Set the starting weight for your project token, often a high percentage to establish initial value, and the ending weight, which is usually lower, to facilitate the price decay over the LBP duration. 3. **Configure Duration**: Choose the starting and ending dates and times for your LBP, defining how long your token will be available for purchase. Review the Price Discovery Preview graph to understand how your configurations affect the token's price trajectory during the LBP.
### Step 4 - Configure Vesting (Optional) [Learn more about token vesting.](/fjord-foundry-docs/for-sale-creators/fjord-features/token-vesting) 1. **Vesting Option**: Decide on token vesting for your LBP. If vesting is not required, select 'No'. 2. **Vesting Start Time**: If you choose 'Yes' for vesting, the start time is automatically set to occur right after the LBP ends. This timing is linked to the LBP end date/time and can only be edited by adjusting the LBP's end date. 3. **Vesting Cliff Time**: Determine if there will be a cliff period, during which tokens are locked post-LBP before vesting begins. 4. **Vesting End Time**: Set the end time for when the vesting period will conclude, marking the finish of the token distribution process. Make sure the vesting schedule aligns with your strategic plan for the LBP. If 'No' is selected for vesting, tokens will be released to participants immediately after the LBP concludes.
### Step 5 - LBP Details 1. **Fill in LBP Details**: Provide your LBP's category, such as DeFi, and a description of your project in 1000 characters or less to share with your audience. 2. **Set Main Links**: Add a link that directs to your project or additional information about the LBP. 3. **Geo-blocking**: Choose if you need to block participants from certain countries. 4. **Curation Request (Optional)**: If desired, request curation for your LBP from third party curators to add credibility and visibility to your event.
### Step 6 - Social & Community 1. **Connect Twitter**: Twitter is a mandatory field. Link your project's Twitter account, as this is required to continue. 2. **Optional Discord Verification**: If you choose, connect your project's Discord for additional community engagement.
### Step 7 - Summary Please carefully examine your LBP Summary to ensure all details are correct. This includes project token information, quantities, weights, pricing, liquidity, and dates. Make any necessary edits before proceeding to the Terms & Conditions. ### Step 8 - Terms & Conditions Agree to the terms of use
### Step 9 - Sign Creation Transactions & Complete! These transactions ensure your LBP is set up successfully. \
And you can now view your live LBP!\
# How to Create a Fixed Price Sale Follow these step by step instructions on how to create a Fixed Price Sale on Fjord. ### Testing We recommend all creators test their sale setup on **Sepolia** before launching on mainnet. Below are helpful links to get started: * **Get Sepolia ETH:** [Alchemy Sepolia Faucet](https://www.alchemy.com/faucets/ethereum-sepolia) * **Test Token Contract (for minting tokens):** [View on Sepolia Etherscan](https://sepolia.etherscan.io/address/0x73F4E02efBffCADC9C2Af25213faD30Cb67Dc55c#writeContract) *** ### Create a Fixed Price Sale Ready to launch a fixed price token sale?\ Start here: [Create Fixed Price Sale](https://app.fjordfoundry.com/token-sales/create/fixed-price/branding) ### Step 1 - Contract Address & Images Input a valid ERC-20 contract address and provide a valid image links for your project token. You can also upload an optional banner image to be used for the preview card. > WARNING: If your ERC-20 has any type of transfer restrictions or transfer hooks of any kind, it i essential that you launch a test pool prior to your LBP to ensure your custom functionality does not impede the pool creation or closing process.
### Step 2 - Contract Address & Images In this step, you'll set up the key parameters for your Fixed Price Sale. **a. Sale Price Type** * Select "Fixed Price" from the dropdown menu. **b. Configure Duration** * **Starting Date & Time**: Choose when your sale will start. * **Ending Date & Time**: Choose when your sale will end. **c. Token Claim Delay** * Set a delay for when participants can claim their tokens post-sale to prevent front-running during liquidity setup. **Steps to Configure:** 1. Select "Fixed Price" for the Sale Price Type. 2. Use the calendar tool to set the start and end dates and times. 3. Choose a date and time for the token claim delay
### Step 3 - Sale Parameters In this step, you'll configure the specific parameters of your Fixed Price Sale, including token price, quantity, and user limits. **a. Token Price** * **Set Token Price**: Determine the number of asset tokens required to purchase one project token. This is the fixed price at which your tokens will be sold. **b. Token Quantity for Sale** * **Set Token Quantity**: Specify the total number of project tokens available for sale. You can use the maximum amount if you wish to sell all available tokens. **c. User Maximum Tokens (Optional)** * **Set User Max Purchase**: Define the maximum number of project tokens each wallet address can purchase during the sale. This helps in preventing large holders from dominating the sale. **d. Minimum Tokens Sold (Optional)** * **Set Minimum Tokens Sold**: Specify the minimum amount of project tokens that must be sold for the sale to be considered successful. If this threshold is not met, funds will be refunded to participants. **Steps to Configure:** 1. **Set Token Price**: Enter the fixed price for each project token. 2. **Specify Token Quantity**: Enter the total number of tokens available for sale. 3. **Define User Max Purchase (Optional)**: Set the maximum number of tokens a single wallet can purchase. 4. **Set Minimum Tokens Sold (Optional)**: Enter the minimum number of tokens that need to be sold for a successful sale. **Tips:** * Ensure the token price is attractive and competitive. * Setting a maximum purchase limit helps in achieving a wider distribution. * A minimum shares sold threshold can protect against underperformance and ensure the project raises sufficient funds. Once you have configured these settings, you can review the Fixed Price Sale Preview on the right side of the screen to see the expected duration, fixed price, circulating market cap, and FDV (Fully Diluted Valuation).
## Step 4: Project Info for Fixed Price Sale In this step, you'll provide essential details about your project to help inform potential participants. **a. Category** * **Select a Category**: Choose the appropriate category for your project from the dropdown menu. **b. Sale Description** * **Enter Sale Description**: Provide a detailed description of your project and the token sale. You can use Markdown for formatting. For a template, visit [Sale Description Template](https://help.fjordfoundry.com/fjord-foundry-docs/for-sale-creators/sale-description-template). **c. Links** * **Main Link**: Add the primary link for your project, such as your official website. **d. Geo-blocked Countries** * **Add Geo-blocked Countries**: Specify any countries where participants are restricted from joining the sale. Select from the provided list to ensure compliance with regional regulations. **e. Previous Investment Round Details (Optional)** * **Add Round**: If applicable, provide details about any previous investment rounds, including dates, amounts raised, unlocks etc. **Steps to Configure:** 1. **Select Category**: Choose the category that best describes your project. 2. **Enter Sale Description**: Write a comprehensive description of your project. Use the template provided in the link for guidance. 3. **Add Main Link**: Enter the URL of your main project site. 4. **Specify Geo-blocked Countries**: Select countries from the list where the sale will not be accessible. 5. **Provide Previous Investment Round Details (Optional)**: Add information about past funding rounds if relevant. **Tips:** * Make your sale description clear and engaging to attract participants. * Ensure all links and details are accurate to build trust with potential buyers. * Check regional regulations to correctly set geo-block restrictions.
## Step 5: Socials & Community **Objective:** Connect your social media to build trust and engage with your community. **Social Media** * **Connect your Twitter account**: Ensure participants can verify your identity and stay updated on the latest announcements. **Steps to Configure:** 1. **Connect Twitter**: Click the "Connect" button next to Twitter to link your account.
## Step 6: Review **Objective:** Review all aspects of your token sale before finalizing. **Steps to take:** 1. **Verify All Details**: Carefully review each section to ensure all details are correct. 2. **Edit If Necessary**: Use the "Edit" buttons to make any required changes.
## Step 7: Terms & Conditions **Objective:** Agree to the terms and conditions to proceed with your token sale. **Instructions:** 1. **Read the Terms and Conditions**: Ensure you thoroughly understand the terms and conditions provided. 2. **Acknowledge Agreement**: Check the box to confirm that you have read and understood the terms and conditions.
## Step 8: Confirm **Objective:** Perform a final review of your token sale details and schedule the sale by approving tokens and creating the sale page. **Final Approvals** 1. **Step 1: Approve BASEX** * Click the "Approve" button to approve the token for the sale. 2. **Step 2: Schedule Sale** * After approving the token, click "Schedule Sale" to finalize the sale setup.
# How to Create a Tiered Sale ### Testing We recommend all creators test their sale setup on **Sepolia** before launching on mainnet. Below are helpful links to get started: * **Get Sepolia ETH:** [Alchemy Sepolia Faucet](https://www.alchemy.com/faucets/ethereum-sepolia) * **Test Token Contract (for minting tokens):** [View on Sepolia Etherscan](https://sepolia.etherscan.io/address/0x73F4E02efBffCADC9C2Af25213faD30Cb67Dc55c#writeContract) *** ### Create a Fixed Price Sale Ready to launch a tiered sale?\ Start here: [Create Tiered Price Sale](https://app.fjordfoundry.com/token-sales/create/tiered/branding) ### **Step 1: Creation & Branding** \ Select your target blockchain network (e.g., Polygon) and ensure your wallet is connected to the chosen network. * Enter the project contract address * Project name (up to 20 characters) * Round type (Seed, Private, or Public). * Short description of project approx 240 charcaters * Logo and banner images
### **Step 2: Sales Structure** * **Collateral Token**: Choose the token you’ll receive in exchange (e.g., USDC). * **Set Duration**: Define the start and end times for the sale. * **Token Claim Delay**: Toggle if participants can claim tokens immediately or after a delay. This claim delay sets in at the sale end date or if the sale ends early due to a sell out.
### **Step 3: Tier Configuration** Add and configure tiers: * Specify the amount for sale and price per token for each tier. * Set minimum and maximum allocation per user for each tier. Enable and define a soft cap if needed. * *Note: If the soft cap is not reached, all contributions will be returned to buyers.*
### **Step 4: Project Info** **Description**: Write a detailed description of the token sale, using Markdown for formatting if needed. **Links**: Provide all mandatory links (e.g., project website, Twitter) and optional links (e.g., Discord, Telegram). **Geo-blocked Countries**: Specify any regions or countries where the sale will be restricted. **Rights**: This simply makes a note of your ability to Pause, Unpause, or Cancel the sale before it starts. **Investment Round Info**: Add details of any prior investment rounds, including: * Amounts raised. * Valuation. * Vesting terms. **Anti-Snipe**: Optionally enable Anti-Snipe to prevent bots from participating in the sale. **Custom Whitelist**: Optionally upload a Custom Whitelist (CSV format) to make participant access exclusive.
### **Step 5: Review** * Verify all sale details, including token allocation, tiers, pricing, and descriptions. * Preview the project card to ensure it appears correctly to participants.
### **Step 6: Confirm** * Agree to the terms and conditions to proceed. * Approve the project token in your wallet. * Schedule the token sale to finalize and activate it.
# Token Addresses We recommend testing your sale setup on **Sepolia** before launching on mainnet. Use the resources below to get testnet ETH and mint test tokens. *** #### Get Sepolia ETH Use the Alchemy faucet to receive Sepolia ETH for testing:\ 👉 [Alchemy Sepolia Faucet](https://www.alchemy.com/faucets/ethereum-sepolia) *** **Mint Test Tokens** Use this test token contract to mint tokens for your LBP or other sale setup:\ 👉 [Mint Test Tokens on Sepolia](https://sepolia.etherscan.io/address/0x73F4E02efBffCADC9C2Af25213faD30Cb67Dc55c#writeContract) *** **Test Token Addresses on Sepolia** These are example token contracts commonly used in testing: * **WETH:** `0xf531b8f309be94191af87605cfbf600d71c2cfe0` * **Share Token $SSS** (Test Value = $1): `0x0A5ee9c97e6A71EE4cAd4EE7986BC99EE96dE46a` * **Asset Token $AAA** (Test Value = $1): `0x05a9d11af6D0cEE979c6fE7dAf2C4D80add56e68` # Partnered & Non-Partnered Sales Learn more about how launch partnerships work. # Partnered Sales Learn more about how partnered sales work and how projects can apply to be a partnered project. ### Partnered Sales for Projects Fjord offers partnered sales, which are designed for projects seeking additional support and visibility through collaborations with external partners like KOLs, Web3 agencies, or other industry experts. These sales are subject to a vetting process to ensure certain standards are met. **How Partnered Sales Work** Partnered sales follow a streamlined process to ensure the project's viability and potential for success. The process is as follows: 1. **Apply for Partnered Sale**: Projects must first submit an application to Fjord to begin the process. [**You can apply here via this form.** ](https://swunul13vyp.typeform.com/fjord-request) 2. **Fjord Review and Approval**: Once the application is submitted, Fjord conducts a comprehensive review of the project. This includes an assessment of the raise amount, sale type, expected community demand, valuation, the problem the project solves, and how value accrues back to the token. Projects must meet Fjord’s high standards to proceed to the next stage. 3. **Third-Party Review and Approval**: After Fjord’s approval, the project undergoes an additional review by a trusted third-party to ensure that the sale meets industry standards and offers maximum potential for both the project and the participants. This multi-stage review process ensures that only well-vetted projects move forward to partnered sales on the Fjord platform. **Benefits of Partnered Sales** * **Additional Support**: Projects in partnered sales receive additional support from external partners who bring expertise in marketing, community building, and strategic planning. These partnerships help increase visibility and drive interest in the sale. * **Increased Credibility**: Partnered sales benefit from Fjord’s review process and the endorsement of reputable third-party partners, enhancing the project's credibility in the market. * **Enhanced Exposure**: By working with partners, projects can tap into broader networks and communities, increasing their exposure to a larger audience. ### Review Process and Criteria At Fjord, we ensure that all partnered sales undergo a comprehensive review process to maintain high standards and ensure the project's viability. The process is as follows: 1. **Fjord Review**: Fjord conducts an initial review of the project. This includes evaluating key factors such as: * **Raise Amount**: The total funds being raised and how it aligns with the project’s objectives. * **Raise Type**: The type of sale being conducted (e.g., fixed price, tiered, or overflow sale) and its suitability for the project. * **Expected Community Demand**: The level of demand anticipated from the community for the project. * **Valuation**: The project’s market valuation and how it reflects the project's potential. * **Problem-Solving**: Whether the project addresses a real-world problem and provides a viable solution. * **Value Accrual Back to the Token**: How value will accrue back to the token over time and benefit token holders. * **Token Availability**: The percentage of the total token supply available for sale and distribution to the community during the partnered sale. * **Future Upside for Buyers**: The potential for long-term growth and appreciation in value for token holders, ensuring that early buyers can benefit from future project success. 2. **Third-Party Review**: After Fjord’s review, the project undergoes an additional evaluation by trusted third-party partners. These third parties may have their own specific review criteria but are aligned with Fjord's values of transparency and quality. ### Additional Notes **Ethical Standards and Guidelines** All launch partners must adhere to Fjord's ethical standards, which ensure that the partnership and promotion of projects are unbiased and transparent. These standards help maintain the integrity of the platform and build trust with the community. Fjord reserves the right to remove any launch partner who violates these ethical guidelines. **Application Timeline** To ensure a smooth and efficient process, we recommend that projects apply for a partnered sale at least **4 weeks** before their intended sale date. This allows sufficient time for the review process and the necessary due diligence. While projects can apply sooner, the 4-week window is ideal to ensure that everything is in place for a successful launch. **Key Considerations** Partnered sales are an excellent way for projects to gain additional support and exposure. However, it’s essential for projects to understand that the due diligence process is thorough and high standards must be met to ensure approval. The involvement of external partners adds value to the project, but successful execution relies on the project's ability to meet the criteria set forth during the review process. ### **Launch Partner List** A full list of partnered projects can also be found on the [**Fjord website.** ](https://app.fjordfoundry.com/launch-partners)
Partner NameDescriptionTelegram Contact
Bob the reBuiltLaboratory research scientist turned crypto connoisseur. Seeking out the people and projects creating real value and helping them achieve their vision. Specializing in deep analysis of tokenomics, cash flow, and value accrual mechanisms.@canwefixit2
BonsaiBonsai is a multi faceted Web3 consulting boutique. The crypto native founders have a deep rooted network, working with the biggest players in the space. Recent examples include RestakeFi, ARCX, BeFi and Ordibank. @bonsaigrowth
CryptoGrillsDeFi veteran. Fundamental analyst since 2017. Community builder, Angel investor.@Grills_R
Degen SherpaDegen Sherpa is a team of investors, marketers & web3 native degens that understand how web3 works. In an everchanging landscape, the sherpa team can guide founders to achieve their short & long term goals through curation, connections and counselling@Degen_Yogi
DocFundamental Analyst & Web3 Advisor | Committed to sourcing and evaluating pioneering ventures in blockchain@Doc1453
Grinding PoetTrader. Investor. Fundamentalist. Wassie@GrindingPoet
In Square DAOISD unites VCs, KOLs, and communities to amplify project outreach, fundraising, and growth. Founded by ex-Binance and Top VC team members. Owner of @FjordCN TG group@LNBILI
JiraiyaFounder of Tailored. We support top protocols like Avalanche, IO Net, Mux Protocol, and Curvance in reaching key milestones. Our services include LBP marketing and advisory. See our case studies here@JiraiyaReal
JZCrypto OG, Fundamental Analyst, Advisor, Trader and Angel Investor@JohnnyZcash
Nova ResearchNova Research has over 10 years of combined experience in Web3 VCs to help guide early-stage projects to success. Offering strategic advisory and research, combined with an extensive network built over years via mentorship programs.@novaresearch_io
TempoTempo offers a full suite of services for the next generation of Web 3 startups including marketing, advisory, and capital sourcing. Comprised of crypto natives, we help drive growth and provide founders with bespoke solutions to meet their every need.@pwnlord69
### # Non-Partnered Learn more about how non-partnered sales work for creators ### Non-Partnered Sales If your project doesn’t meet the criteria for a partnered sale or if you prefer to manage your own sale on your terms, a **non-partnered sale** is a great option. Non-partnered sales provide the flexibility to conduct your token sale directly on the Fjord platform without external partnerships or additional review processes. **Why Choose a Non-Partnered Sale?** Non-partnered sales offer more control over how you structure and execute your sale. Here’s what to consider: * **Full Autonomy**: You have the freedom to manage your sale, including the raise amount, sale type, and structure, without the involvement of external partners. * **Direct Blockchain Listing**: These sales are indexed directly from the blockchain, giving you full control of the sale parameters. * **No Third-Party Involvement**: If you prefer to handle marketing and community engagement on your own, or already have established partners, a non-partnered sale gives you the independence to do so. * **Lower Overhead**: Without the additional costs associated with partnering, you can retain more control over your project’s funding. **Key Considerations** While non-partnered sales allow for greater flexibility, it’s important to remember that these sales are not reviewed or endorsed by the Fjord team. Without the additional support from a launch partner, you’ll need to take on more responsibility for promoting and managing your sale, and ensure your community is fully engaged. Non-partnered sales are still an excellent opportunity for many projects, and Fjord is here to support you in setting up and managing your sale. If you have a strong vision, an engaged community, and a clear plan for your project’s success, a non-partnered sale could be the perfect fit. # FAQs - Creators Frequently Asked Questions about Fjord. ## **General FAQ** #### What is the difference between Partnered and Unvetted sales on Fjord? **Partnered sales** are supported by third-party launch partners who have conducted their own due diligence on the project. These sales are curated, receive enhanced visibility on the Fjord platform, and are often supported with additional marketing and strategic resources. **Unvetted sales** are permissionless and automatically listed on Fjord from the blockchain. These sales carry no endorsement or review from Fjord or any third party and include additional disclaimers. Participants must acknowledge the risks before proceeding. [More on Partnered vs Unvetted sales →](/fjord-foundry-docs/for-sale-creators/partnered-and-non-partnered-sales/partnered-sales) *** #### Can I conduct a sale for tokens that are already live or trading? Yes. You can use Fjord to run a sale with tokens that are already live or listed on exchanges. This can be structured similarly to a Series A or B funding round, allowing you to divest treasury tokens in exchange for new capital. You can also attach vesting to those tokens to help manage post-sale sell pressure and signal long-term alignment. *** #### How can I become a launch partner or service provider for Fjord? To apply as a launch partner or provide services to projects launching on Fjord (e.g. marketing, legal, auditing), please [join our Discord](https://discord.com/invite/fjordfoundry) and open a support ticket. A team member will review your request and follow up with next steps. *** #### How do I get technical support? For help with sale setup, technical issues, or platform questions, please open a [support ticket in our Discord](https://discord.com/invite/fjordfoundry). Our team is available to assist throughout your launch process. *** #### What chains can I launch on? Fjord supports a wide range of EVM-compatible chains, including: * Ethereum * Polygon * Arbitrum * Optimism * Avalanche * BNB Chain * Base * Blast * Sonic We also support cross-chain participation via Axelar, meaning contributors can buy into your sale from nearly any EVM chain using liquid tokens. *** #### Can I restrict access by geography or country? Yes. During the sale creation process, you can block participants from specific countries or regions in accordance with your legal and compliance obligations. This is managed via geofencing logic embedded in the frontend UI and enforced at the wallet level. *** #### Does Fjord support KYC? Fjord does not directly perform KYC but can configure the frontend for whitelisted/KYC-only sales. You will be responsible for working with a third-party KYC provider, managing approvals, and uploading the list of approved wallet addresses to the platform prior to launch. [More on whitelisted sales →](/fjord-foundry-docs/for-sale-creators/fjord-features/whitelisted-sales) *** #### When are tokens distributed to participants? Tokens are never distributed during the sale. They are claimable only after the sale ends. This protects the sale from premature LP setups and ensures sale integrity.\ If vesting is enabled, tokens will be streamed via Sablier and users will see a live link to their vesting stream.\ You may also apply a short claim delay post-sale to allow time to establish liquidity before claims begin. [Read more about token claiming →](https://help.fjordfoundry.com/fjord-foundry-docs/for-sale-creators/fjord-features/token-and-liquidity-claiming) *** #### What tokens can be accepted in my sale? By default, Fjord supports contributions in: * USDC * USDT * WETH * DAI We can also support **custom tokens** as the accepted payment asset on a case-by-case basis. Please reach out to the team if you require this functionality. *** #### What tokens do I need to deploy before launching? You will need a mintable ERC-20 token contract with the full sale supply available at the time of deployment. If you're conducting a placeholder token sale, you can sell a temporary representation of your future token, then redeem it post-TGE. [Learn more about placeholder tokens →](/fjord-foundry-docs/for-sale-creators/selling-a-placeholder-token) *** #### What fees does Fjord charge? Fjord charges: * A 5% fee on the total amount raised in the accepted collateral token (e.g. USDC, WETH). This fee is automatically transferred to Fjord at the conclusion of the sale. *** #### How much liquidity should I deposit after the sale? While Fjord cannot offer financial advice, you should plan to deposit sufficient liquidity on a DEX if you want the token to be tradable after the sale. Most projects pair with USDC or WETH on the same chain as the sale. Many also match a portion of raised funds 1:1 with tokens to create the initial LP.liance demands. # Fixed Price Sale FAQ Fixed Price Sales FAQ **What is a Fixed Price Sale?** A Fixed Price Sale is a type of token sale where the price of the token is set at a fixed rate. Participants can purchase tokens at this predetermined price without the price fluctuation mechanisms seen in other types of sales like LBPs. This provides a straightforward and predictable method for acquiring tokens. **Are there wallet limits for Fixed Price Sales?** Wallet limits are optional for Fixed Price Sales. Creators can choose to set limits on the number of tokens each wallet can purchase to ensure broader distribution and prevent large acquisitions by single participants. **How does Fjord handle anti-bot measures in Fixed Price Sales?** While we can't always 100% guarantee the prevention of bots, we do have several features in place to ensure the sale is as bot-free as possible. These include non-purchasable via contracts and other anti-bot mechanisms to maintain the integrity of the sale. **Is there a raise limit for Fixed Price Sales?** Yes, the raise limit is automatically calculated based on the total number of tokens (X) being sold at the fixed price (Y). This ensures a clear cap on the amount of funds that can be raised during the sale. **Can Fixed Price Sales be used for node sales?** Yes, Fjord Foundry's Fixed Price Sales can be used for node sales, allowing projects to distribute nodes at a set price. You can view previous node sales [here](https://app.fjordfoundry.com/pools/0xc3dd5B34c55890D3f4544a768AB0ac38FbB6585f) and [here.](https://app.fjordfoundry.com/pools/0xbB6882d3D6A321e05E9544dfE815328c6b36A3d2) **Does Fjord token gate Fixed Price Sales?** No we don't! **How do I set up a Fixed Price Sale on Fjord Foundry?** Instructions on setting up a Fixed Price Sale on Fjord can be found [here. ](/fjord-foundry-docs/for-sale-creators/how-to-create-a-sale/how-to-create-a-fixed-price-sale) **Can participants purchase tokens using multiple transactions?** Yes, participants can purchase tokens using multiple transactions, provided they adhere to any set wallet limits and the overall raise limit has not been reached. **Can I use a whitelist for my Fixed Price Sale?** Yes, more details [here.](/fjord-foundry-docs/for-sale-creators/fjord-features/whitelisted-sales) **What happens if the Fixed Price Sale does not reach its raise limit?** If the Fixed Price Sale does not reach its raise limit, the unsold tokens remain in the project’s wallet. You can choose to conduct another sale or distribute the tokens through other means. **Can I cancel or pause a Fixed Price Sale once it has started?** You can cancel a Fixed Price Sale at any time before it begins using the Fjord Foundry dashboard. Once the sale has started, you won’t be able to cancel it, but you can pause trading and hide the sale from public view if needed. # LBP FAQ LBP specific FAQ #### How do LBPs work? Liquidity Bootstrapping Pools (LBPs) are dynamic pricing mechanisms that help projects discover a market-driven token price. The price typically starts high and gradually decreases over time based on weight shifts between the project token and a paired collateral (usually USDC or WETH). However, if demand is high, early buys can increase the price temporarily. This design discourages bot sniping at the start of the sale and enables true price discovery through user participation over time. *** #### What are weights in relation to LBPs? Weights determine the price movement in an LBP. A higher weight for the project token (e.g. 99/1) means a high initial price. As the LBP progresses, the weights shift—commonly toward something like 1/99—causing the price to decline if no one is buying. The change in weights is what drives the price curve and enables a market-driven sale. *** #### What should the start and end weights be? We recommend: * **Start weight:** 99/1 (99% token, 1% collateral) * **End weight:** 1/99 (1% token, 99% collateral) This structure starts your token at \~8x the intended market price, deters bots, allows for true price discovery, and enables **100% token distribution** (nuance applies). If your goal is to sell fewer tokens at higher prices, you can end with token-heavy weightings like 70/30 or 60/40, though this limits distribution. As a rough guide: * 99/1 → 1/99 → \~100% sold * 99/1 → 10/90 → \~90% sold * 99/1 → 25/75 → \~75% sold These are just benchmarks—results vary based on demand. *** #### What should I set as the starting price? The starting price should typically be **6–8x higher than your expected fair market value**. This pricing is not fixed directly but is derived from your chosen weights and collateral ratio. For example:\ If you believe your token should be worth $1, the LBP starting price may be configured to open at $6–8 using a 99/1 weight. This discourages bots and encourages real participants to wait for a price they consider fair. *** #### Do I need to provide initial liquidity? No. Fjord supports zero liquidity LBPs, meaning you don’t need to deposit real collateral at the beginning. Instead, you define a virtual collateral amount (synthetic liquidity), which is used to generate the price curve. The first real participant deposit merges into the pool and activates the pricing mechanism. [More on Zero Liquidity LBPs →](https://help.fjordfoundry.com/fjord-foundry-docs/for-sale-creators/fjord-features/zero-liquidity-lbps) *** #### Can participants both buy and sell tokens during an LBP? That depends on your configuration.\ You can choose between: * [Buy-only LBPs](/fjord-foundry-docs/for-sale-creators/fjord-features/buy-only-lbps) * Buy and sell LBPs (most common) This is set during the sale setup process and shown clearly on the public interface. *** #### Are there hard caps or wallet limits? LBPs do not support wallet limits, but you can optionally set a hard cap for the sale. Once this cap is reached, no further purchases will be accepted. [More on Min and Max Raise →](/fjord-foundry-docs/for-sale-creators/fjord-features/min-and-max-raise) *** #### Can I change the token weights during the LBP? No. Token weights cannot be changed after the LBP has started. You must finalize your configuration prior to launch. We recommend testing on Sepolia testnet to ensure your setup behaves as expected.\ [\ Run a test LBP →](/fjord-foundry-docs/for-sale-creators/how-to-create-a-sale/how-to-create-an-lbp) *** #### Can I change any parameters after the LBP starts? During the LBP, the following actions are available: * Pause or resume swaps (temporarily stopping new participation) * Hide the sale from the public interface * Withdraw raised funds (after the LBP ends) Token weights and pricing parameters cannot be altered during the event. *** #### Can you share some examples of past LBPs? Here are several notable examples and their configurations. Check the [Fjord app](https://app.fjordfoundry.com/token-sales) for more examples of LBPs. **Autonolas ($OLAS)** * Weights: 99/1 → 2/98 * Initial Liquidity: $50k * Funds Raised: $550k * Tokens Sold: 99% * FDV: $39M **Altitude ($ALTD)** * Weights: 99/1 → 70/30 (with a hard price floor) * Initial Liquidity: $30k * Funds Raised: $3m * Tokens Sold: 30% of available tokens * FDV: $30M These examples show how project demand, token availability, and weight configuration can all significantly affect outcomes. *** #### What happens after the LBP ends? Once the LBP ends: * Tokens can be claimed by participants * Collateral is sent to your wallet (minus the 5% Fjord fee) * You can optionally enable a claim delay to allow time for LP setup [More on claiming →](https://help.fjordfoundry.com/fjord-foundry-docs/for-sale-creators/fjord-features/token-and-liquidity-claiming) *** #### How long should an LBP run? Most LBPs on Fjord run between **2–5 days**. Shorter sales create urgency; longer sales give more time for natural price discovery. If you’re unsure, 3 is a good middle ground. *** #### Can I change weights or parameters mid-sale? No. Token weights and pricing mechanics cannot be changed once the LBP has started.\ You can: * Pause or resume swapping * Hide the sale from public view * Withdraw funds (after the LBP ends) For best results, always test your configuration on Sepolia first. [Test an LBP →](/fjord-foundry-docs/for-sale-creators/how-to-create-a-sale/how-to-create-an-lbp) # Tiered Sale FAQ Tiered Sale Specific FAQ #### What are Tiered Sales? Tiered Sales allow you to divide your token sale into pricing stages, known as tiers. Each tier has its own fixed price and token allocation. Buyers can purchase from active tiers based on eligibility and availability. As each tier sells out, the next becomes available—typically at a higher price. This structure helps reward early participants and manage demand across the sale. [Learn more about how Tiered Sales work →](/fjord-foundry-docs/for-sale-creators/token-sale-types/tiered-sales) *** #### Why use Tiered Sales? Tiered Sales give you full control over pricing, segmentation, and sale pacing. You can: * Reward early supporters with lower prices * Gate specific tiers to trusted or strategic buyer groups * Build sale momentum across distinct phases * Avoid volatility or uncertainty tied to dynamic pricing mechanisms like LBPs *** #### How many tiers can I include? You can add as many tiers as needed. Each tier requires: * A token price * A token allocation (amount available in that tier) * Optional eligibility (open to all or restricted to specific wallet lists) Tiers unlock sequentially. Once one sells out or reaches its cap, the next becomes active. *** #### Can tiers have different eligibility rules? Yes. Each tier can be open to all or restricted to a list of approved wallets. For example: * Tier 1 might be limited to FJO stakers * Tier 2 to KYC’d addresses * Tier 3 open to the public Wallet lists can be uploaded individually for each tier during setup. [More on whitelisting and eligibility →](/fjord-foundry-docs/for-sale-creators/fjord-features/whitelisted-sales) *** #### Can each tier have different wallet limits? Yes. You can define per-wallet max allocations for each tier independently. This lets you control distribution across different buyer segments. *** #### How are tiers activated? Tiers are activated automatically in the order you define them. When one tier is fully sold or hits its limit, the next becomes available. Buyers only see and access tiers they’re eligible for and that are currently live. *** #### Can buyers see upcoming tiers? Yes. The sale interface shows all tiers and their prices, but only tiers a buyer is eligible for and that are currently active will be clickable. This helps build anticipation without opening everything at once. *** #### Can a buyer purchase from multiple tiers? Yes, if their wallet is eligible and allocations allow it. For example, someone might buy from Tier 1 and later from Tier 3 once it opens. Wallet limits apply per tier, not across the entire sale. *** #### Can I set a maximum raise cap across all tiers? Yes. You can define a global maximum raise amount. Once that cap is reached, the sale ends, even if there are remaining tokens in later tiers. You can also set a minimum raise amount. If that minimum isn’t met, buyers will be refunded and tokens won’t be claimable. [More on min and max raise amounts →](/fjord-foundry-docs/for-sale-creators/fjord-features/min-and-max-raise) *** #### When do participants claim their tokens? Tokens are claimed after the sale ends. You can also apply: * A claim delay, to allow time to set up DEX liquidity * Vesting, if you want tokens to stream over time via Sablier [More on claiming and liquidity →](https://help.fjordfoundry.com/fjord-foundry-docs/for-sale-creators/fjord-features/token-and-liquidity-claiming) *** #### Can I change tiers once the sale is live? No. Once the sale starts, tiers are locked in. You cannot: * Add or remove tiers * Change prices, allocations, or eligibility * Update wallet limits You can pause or hide the sale from the public, but not modify its structure. *** #### Can I add referral links or a leaderboard to Tiered Sales? Not currently, but these features are planned for future release and will apply to all sale types. *** #### Can the Fjord team help me structure my tiers? Yes. If you’re unsure how to structure pricing, tiers, or eligibility groups, the Fjord team is happy to assist with strategy, setup, and testing. Open a support ticket in the Fjord Discord to get started. [Join the Discord →](https://discord.com/invite/fjordfoundry) *** #### Best practices for structuring a Tiered Sale * Start with smaller, cheaper tiers to reward early buyers * Increase price gradually across tiers to create clear progression * Use wallet gating for strategic groups like investors, KYC lists, or FJO stakers * Clearly display token allocations and limits on the sale page * Communicate the sale structure in advance to help buyers prepare Example tier structure: * Tier 1: $0.05 per token – 5% of supply – Whitelisted wallets only * Tier 2: $0.08 per token – 10% of supply – FJO stakers * Tier 3: $0.12 per token – 15% of supply – Open to public # Manage My Sale Learn what can and can't be changed once you set your sale up on Fjord. **How to edit my sale** In the bottom right hand corner of your sale page there is a small purple button with a pencil on it. Click this to make edits to your sale.
From here you can see the edit page where you can make the necessary edits. Once your sale is complete you can no longer make edits.
**What you can change/edit once your sale is created** * Launch Partner requests * Descriptions * Connected social accounts * Links * Logo * Banner Image * The ability to pause your sale which removes it from the explore page * Previous investment round details * Geo-blocked countries **What you can't change or edit once your sale is created** * Token Weightings * Liquidity * Max and Min Buys * Duration * Price Curve * Sales Dates # Download Buyer Data For projects who are auctioning off a placeholder token for a node sale, Real World Asset or a future token, we now offer the ability to extract a CSV file with the wallet address and number of tokens purchased to easily allow for viewability. ## How to download buyer data To download wallet data, first you must head to the sale page and be logged in as an admin, with the wallet used to set up the sale. \ \ Once this is done on the sale page view the admin tools in the bottom right hand corner and click the small green button with the arrow pointing down.
Once this is clicked a CSV file with wallet data will be visible in your downloads! # Seed, Private & Public Rounds Types of rounds that you can offer on the Fjord platform.
When creating a token sale on the Fjord platform, creators have the option to designate the sale round as **Seed**, **Private**, or **Public**. Each round has distinct characteristics, often indicated by unique icons: * **Seed Round**\ Typically the earliest stage of a project. Seed rounds often come with longer vesting terms, as the project is still in its initial stages. Participants in this round are usually early supporters betting on the long-term potential of the project. * **Private Round**\ Occurs after the seed round. In this phase, the project has made more progress, with some level of product development already in place. Vesting terms may still apply, though they’re generally shorter than in the seed round. * **Public Round**\ The final sale stage, often conducted shortly before the token generation event (TGE) or product release. Public rounds usually have limited or no vesting periods, although this can vary depending on the project. There are other round types however we have chose to limit the optionality to these three to prevent confusion and streamline the process. ### Why It's Important to Define Sale Rounds Clearly defining the sale round helps manage participant expectations. By specifying whether the sale is a seed, private, or public round, creators can communicate important information such as vesting terms, product development stages, and the potential risks and rewards for participants. * **Seed Round**: Early participants know they are backing a project in its infancy, often with the longest vesting periods, but with the highest potential returns if successful. * **Private Round**: Participants can see that the project has matured past the initial seed stage, giving them confidence that development is progressing. * **Public Round**: Investors understand that they are closer to the product release or token generation event, offering a more immediate timeline for returns. By providing clarity on these distinctions, creators can build trust with their community and set realistic expectations for vesting periods and product development timeline. ### **FAQ** #### How can I sell a token if the token contract is not ready? You can use Fjord’s [**Placeholder Token**](/fjord-foundry-docs/for-sale-creators/selling-a-placeholder-token) option to sell a temporary token. Once your final token contract is ready, the placeholder tokens can be swapped and/or airdropped to buyers for the actual tokens. This allows you to run your sale on schedule without rushing contract development. #### Can I limit how much any single wallet can contribute to a sale? Yes, Fjord allows creators to set **maximum wallet limits** during sale setup. This ensures a fair distribution by preventing any single wallet from contributing more than a set amount. #### Can I refund participants if my sale doesn't hit the minimum cap? Yes, Fjord supports **minimum cap settings** for sales. If the minimum target isn't met, contributions are automatically refunded, ensuring participant funds are protected in undersubscribed sales. # Selling a Placeholder Token ### What is a Placeholder Token? A placeholder token is a type of asset sold on Fjord that represents another underlying asset. This can be a token that will be issued at a later date (such as after a Token Generation Event, or TGE), a node, or even a real-world asset (RWA). Placeholder tokens provide an early-entry opportunity for buyers, while the project maintains flexibility around the launch or distribution of the final asset. By using placeholder tokens, projects can initiate sales and engage their communities early, ensuring interest and participation without the immediate need to launch the final product or asset. ### Sale Process on Fjord When selling placeholder tokens through Fjord, the process is similar to that of a traditional token sale. However, the distinction lies in the fact that buyers are purchasing tokens that will later be redeemable for another asset. The placeholder token can represent a variety of assets, including: * **TGE Tokens**: The placeholder token represents a token that will be distributed once the project reaches its TGE. * **Nodes**: Placeholder tokens can also represent nodes in a network, which will be distributed after the sale ends. * **Real-World Assets (RWAs)**: A placeholder token can represent physical or financial assets that will be delivered or unlocked later. ### Token Holder Data and Airdrops After the sale concludes, Fjord provides a comprehensive [CSV file](/fjord-foundry-docs/for-sale-creators/manage-my-sale/download-buyer-data) containing the wallet addresses and the amount of tokens each wallet has purchased. This file allows projects to seamlessly airdrop the actual asset, whether it is a token, NFT, node, or RWA, to the corresponding wallets once the asset is ready for distribution. This approach reduces friction in managing post-sale token distribution process. ### [Example: Unioverse's Sale of xUNIO](https://app.fjordfoundry.com/pools/0xD5430D6cfF45E1319CAC204F2a4e51E2cA3213B1) A prominent example of a placeholder token sale on Fjord is Unioverse's sale of xUNIO. In this sale, xUNIO acted as a placeholder token representing the future distribution of UNIO tokens. Participants bought xUNIO, with the understanding that they would later receive the actual UNIO tokens at the appropriate time. Unioverse leveraged Fjord's capabilities to provide a CSV file post-sale, which allowed them to efficiently airdrop the UNIO tokens to all participating wallets. This streamlined the distribution process, ensuring that everyone who purchased xUNIO received their corresponding UNIO allocation. ### Key Benefits * **Early Community Engagement**: Placeholder tokens allow projects to engage their communities early, even if the final asset isn't immediately available. * **Flexible Timing**: Projects can launch sales without the pressure of having the final asset ready, providing more control over timing. * **Seamless Airdrop**: Fjord simplifies the post-sale distribution by offering a CSV of all token holders, enabling easy airdrops to wallets. In summary, selling placeholder tokens on Fjord gives projects a powerful tool to engage early supporters and build momentum, with the added benefit of simplified post-sale distribution. # Sale Description Template When creating a sale on Fjord you have the opportunity to write a compelling and engaging description utilising Syntax markup language to engage readers. As an example, the Perpex Protocol project utilised a series of headings, gifs, images and straight forward points to draw users in. [View Perpex Sale](https://app.fjordfoundry.com/pools/0x03cd704270D0aE478f9D8e65880De89128D9BA6a)
To create something similar, you can copy and paste the below Syntax mark up language from the Perpex sale to support your own efforts. ``` ## Discover Perpex: The Future of Decentralized Perpetual Futures Trading 🌐 Perpex aims to establish itself as a leading perpetual futures decentralized exchange boasting a cutting-edge user interface that surpasses current industry standards and competitors. ### 🌟 State-of-the-Art User Interface In the realm of perpetual futures trading and across most cryptocurrency exchanges, the user interface often falls short, presenting challenges in usability and functionality. Perpex however, distinguishes itself by offering a remarkably sleek and user-friendly trading interface. ### Unrivaled Features: Perpex’s UI is equipped with a diverse range of features, many of which are unparalleled in other exchanges. These features include: #### - 📈 Bulk Limit Orders: Execute multiple orders effortlessly by interacting directly with the order book. - 🎯 Pre-defined Order Types: Set Take Profit, Stop Loss, Limit, and Market orders with ease. - 💼 Individual Order Management: Seamlessly manage each limit order individually. - 🔄 Multi-select & Update: Streamline your trading with multi-select capabilities for managing orders. - 🌐 Direct Trading: Execute trades directly from the order book for instant action. - 📊 Tabbed Portfolios: Organize your trades efficiently with a tab feature for multiple portfolios. - 🖱️ Customizable Widgets: Personalize your trading experience by adding and arranging widgets on your home screen. - 🔁 Seamless Account Switching: Manage multiple trade accounts effortlessly with easy switching. - 🔒 Hidden Limit Orders: Strategically place hidden limit orders for enhanced security and precision. ![image](https://perpex.io/images/mockup2_nobackg.png) ### Innovative Design and Technology Perpex's product innovations are designed to enhance the futures trading experience, offering a unique blend of traditional trading principles, advanced blockchain technology, and user-centric design. These features, coupled with the advantages of StarkEx protocol, aim to create a more accessible, efficient, and profitable trading environment for all users. ### See Perpex in Action: For a firsthand look at Perpex's intuitive UI and a demonstration of select features, please refer to the following resources: ### - 📹 [Watch Perpex UI Demo](https://perpex.io/videos/perpex.mp4) - 🚀 [Explore Advanced Features](https://perpex.io/videos/perpex2.mp4) ### ##### Experience the future of decentralized perpetual futures trading with Perpex's feature-rich platform and polished interface. Join us as we transform the landscape of futures trading! 🚀 ### Additional Resources - ``` You can also view a how to guide via [GitHub.](/fjord-foundry-docs/for-sale-participants/how-to-participate-in-a-sale) # Service Providers A full service hub for success The Fjord ecosystem is not just a platform for Liquidity Bootstrapping Pools and token launches; it's a full-service hub designed to ensure your project's success from ideation to execution. To enhance the experience, we offer a range of Service Providers specializing in various areas such as marketing, smart contract development, and more. When you access these Service Providers through Fjord, you're not only benefiting from a pre-vetted, quality-assured network of professionals, but you also gain access to exclusive discounts. | Category | Provider | Provider | Provider | Provider | | ----------------------- | ----------- | -------------- | ------------ | ----------- | | **Auditing** | Hacken | Trail of Bits | Halborn | | | **KOLs** | Tailored | Delta3 | Raise Agency | The Council | | **Marketing** | Babs | Tailored | | | | **Design** | Bo.Ne | Tailored | Wonderstruck | | | **KYC** | Assure DeFi | Blockpass | Synaps | | | **CEX** | MEXC | Upbit Exchange | Gate | Bitget | | **Market Makers** | Artis | | | | | **Community Marketing** | ScribbleDAO | | | | # LBP Simulator Test out the potential parameters an LBP can go through. The LBP Simulator is a powerful tool designed to help you set up your Liquidity Bootstrapping Pool (LBP) parameters effectively. Here’s how you can make the most out of it: 1. **Accessing the Simulator** * To begin, navigate to the [LBP Simulator.](https://docs.google.com/spreadsheets/d/125MgAqv0f81Qp6y9VZHAcwMkVhvdcNKA/edit#gid=745957496) 2. **Setting Initial Parameters** * You will need to input various parameters such as the starting and ending weights, initial liquidity, and the duration of the LBP. The simulator allows you to experiment with different settings to see how they might impact the token price and distribution over time. 3. **Evaluating Outcomes** * The simulator provides visual graphs and data to help you understand how your chosen parameters will influence the price trajectory and token distribution. 4. **Additional Features** * The LBP Simulator also includes features to simulate different levels of market demand and participation. This can help you anticipate various scenarios and adjust your strategy accordingly. #### Note While the LBP Simulator is a useful tool for setting up LBP parameters, the actual outcome is heavily influenced by the demand from participants. We recommend contacting the Fjord team to discuss the ideal parameters for your sale, ensuring you are well-prepared for a successful launch. # Token & Treasury Divestments Discover how Fjord can support sustainable token divestment of token assets ### Treasury Token Divestments Fjord Foundry offers projects the flexibility to sell treasury tokens mid-cycle in exchange for stablecoins or other assets. This approach allows projects to diversify their holdings and secure immediate cash injections when needed, similar to a Series A or B funding round. Here's how it works and the benefits it offers: **What is Treasury Token Divestment?** Treasury token divestment involves selling tokens from a project's treasury to raise funds. This can be done at any point in the project's lifecycle, providing a mechanism to convert project tokens into stable assets like stablecoins. **Why Consider Treasury Token Divestment?** 1. **Immediate Cash Injection:** * Projects can raise funds quickly by selling treasury tokens, providing necessary capital for operations, development, or other immediate needs. 2. **Diversification:** * By converting project tokens into stablecoins or other assets, projects can diversify their treasury holdings, reducing risk associated with token price volatility. 3. **Funding Flexibility:** * Similar to traditional funding rounds, projects can use treasury token sales to secure significant capital. This can be particularly useful during periods of market uncertainty or when additional funds are needed to scale operations. **How Does It Work?** 1. **Setting Up the Sale:** * Projects can set up a sale of treasury tokens on Fjord Foundry's platform. This involves defining the number of tokens to be sold, the sale price, and any additional parameters such as vesting schedules. 2. **Sale Execution:** * Once the sale is live, participants can purchase the treasury tokens. The platform supports various token standards and can handle complex sale configurations. 3. **Vesting Options:** * To manage sell pressure and ensure market stability, projects can attach vesting schedules to the tokens sold. This means that tokens are released to buyers over a specified period, preventing large sell-offs immediately after the sale. **Benefits of Using Fjord Foundry for Treasury Token Divestment** * **Streamlined Process:** * Fjord Foundry's platform simplifies the process of setting up and executing token sales, providing a user-friendly interface and robust support. * **Flexibility and Control:** * Projects have full control over the sale parameters, allowing them to tailor the divestment to their specific needs and goals. * They can be done as a fixed price sale and/or an LBP
# FJO Token Defining the utility of the FJO token and tokenomics. ## Discovery Starts Here

Token logo may differ from actual.

Prior to the introduction of the token, Fjord Foundry already found massive success, generating over $25mm in revenue, supporting over 600 project communities with a colossal $1.4b in volume, 88k unique wallets and over 231k swaps. The protocol will use at least **90%** of the profits generated across all products now (and any released in the future) to repurchase FJO from the open market via TWAP orders. Prior to staking going live, **these tokens will be burned**, deflating supply over time. No emissions. No unsustainable incentives programs. Pure value delivery. To demonstrate the potential, a (oversimplified) table is included below simulating the percentage of the terminal supply the protocol could burn assuming an FDV range and annual revenue rate (ARR) figure:
$10mm ARR$20mm ARR$30mm ARR$40mm ARR$50mm ARR
100mm FDV10%20%30%40%50%
200mm FDV5%10%15%20%25%
300mm FDV3.33%6.67%10%13.33%16.67%
400mm FDV2.5%5%7.5%10%12.5%
500mm FDV2%4%6%8%10%
When staking goes live, the buyback and burn mechanism will split into buybacks that will be allocated towards both burns and staking rewards, allowing stakers to accrue additional protocol ownership over time. {% hint style="info" %} The Staking page will be populated with staking mechanism information closer towards when staking goes live. {% endhint %} ## Common Operating Costs Fjord Foundry works with a number of external partners as a means of expanding the business in sustainable ways that ultimately are within the context of delivering maximum value back to tokenholders. Common cost factors include the following: * **Referrals:** to incentivize others to bring in quality projects to the platform, referral arrangements exist between Fjord Foundry and handful of dealflow partners. * **Launch Partners:** sell-side swap fees for LBPs or a portion of revenues generated in project tokens are directed towards launch partners as compensation for assisting the project. ## Supply Distribution The total token supply is **100,000,000**. The total FJO supply is fixed and is broken down in the following ways:

FJO Supply Distribution

The vesting schedules and percentage allocation for each category are as follows: | Category | Terms | Supply % | | --------------------- | --------------------------------------- | -------- | | Concave | 18 months linear vesting | 20% | | Team Equity | 6 month cliff, 24 months linear vesting | 15% | | Public Airdrop | 3 month linear vesting | \~4% | | Ecosystem Development | 32 months linear vesting | 9% | | Fjord LBP | No vesting | 7.5% | | Seed Round | 10% on TGE, 18 months linear vesting | \~14.5% | | Seed Extension | 10% on TGE, 18 months linear vesting | \~7% | | Treasury Shelf | 32 months linear vesting | \~15.5% | | Balancer DAO | 18 months linear vesting | 1.5% | | Liquidity Seeding | Minted on TGE; reserved | 1% | | Former Contributors | 6 month cliff, 24 months linear vesting | 5% | | Advisors | 6 month cliff, 12 month linear vesting | 0.25% | {% hint style="info" %} **Treasury Shelf:** serves a number of purposes, but primarily for future CEX listings, market making and opportunistic fundraising. **Ecosystem Development:** supports ecosystem growth which includes marketing efforts, partnerships and any other operations in-line with the protocol's long term growth strategy. {% endhint %} Regarding the funding rounds, the following terms applied: | Round Stage | Token Price | Valuation | | -------------- | ----------- | --------- | | Seed | $0.20 | $20mm | | Seed Extension | $0.24 | $24mm | # Staking Stake FJO to earn platform rewards. ## Staking Overview FJO staking allows token holders to accrue additional ownership in the protocol while also earning Fjord Points (or "FJOINTS"). FJO rewards are allocated as a floating percentage of the tokens bought back from fees the platform earns. Overall, the FJO-denominated rewards are geared to being sustainable and thus targets a modest APR (in FJO terms). Staking rewards are allocated in weekly epochs, which means that new stakers typically must wait one or a few days before receiving rewards (of either FJO or FJOINTS). To dampen some of the effects of buyback front-running and overall align the staking mechanism for long-term aligned holders, staking a tranche of FJO starts a lock-up period of six weeks. During the lock-up period, a user cannot unstake locked tokens. FJO rewards can be claimed anytime, which start a rewards vest. A staker can forgo the rewards vesting time for a 50% slash penalty. The rewards vest over a period of three weeks. This rewards penalty does not apply to the points mechanism, only FJO-denominated rewards. The slash penalty is redistributed amongst all other stakers proportionally. ## FJOINTS Overview As an addition to base FJO rewards, all stakers earn FJOINTS - a standard ERC-20 which may (or may not) unlock a plethora of benefits as the platform grows. For now, the immediate 'use case' of FJOINTS is to act as the intermediary for efficiently airdropping tokens from time to time through forms of 'gamification' (as explained further below). FJOINTS, unlike FJO rewards, have a set rewards distribution schedule and is attuned to the same weekly epochs as the FJO-denominated rewards:

Points schedule

As denoted in the schedule, FJOINTS allocated per epoch experiences gradual reductions over time, starting from 100,000 FJOINTS per epoch and slowly approaches a minimum distribution of 25,000 per epoch starting in epoch 79. ### Gamification From time to time, Fjord may collect a percentage of token supply from a project that launches on the platform. The percentage of terminal supply can range drastically but in general is no greater than 1%. Rather than airdropping a small percentage of tokens to a very large token holder base, FJOINTS holders can choose to allocate any number of FJOINTS they hold to receive their proportion of any one airdrop available through the **Points Auction** (detailed further down). Key points of consideration as a FJOINTS holder/accumulator: * Infinite supply (mintable/burnable), but supply schedule for at least the first 100 epochs is defined. * No other FJOINTS outside of those allocated through the points schedule above will be minted. * Points successfully spent by a user in exchange for an airdrop are **burned.** * FJOINTS holders can choose to spend none, partial or all of their points on a single auction. * The only way to redeem any future non-FJO airdrops will be through FJOINTS. ### Points Auctions The points auction process is straightforward. Users can spend, by depositing, any amount of points to redeem an airdrop, which will often contain terms for redeeming (i.e. vesting schedule and, more rarely, other qualifications for successful redemption like the completion of an activity on project token's website). Key features: * Points can be freely deposited AND withdrawn in the deposit contract for one week * Once the deposit period ends, the points spent are burnt and the airdrop is received according to the specific terms of that airdrop (i.e. may be vested) The pro-rata allocation for any given FJOINTS holder who deposits is given as: $$ \frac{P\_T}{P\_U}\times A\_T=A\_U $$ Where, P\_t = FJOINTS a user allocates to an airdrop auction\ P\_u = The total FJOINTS spent on the airdrop auction\ A\_t = The total tokens being airdropped\ A\_u = The pro-rata allocation of tokens a user receives Thus, while a points auction is occuring, all points holders 'price' the value of the airdrop in terms of points. Because points have a defined 'scarcity' through the points schedule, users must choose between a few actions: * spend all points accumulated, forgoing being able to spend the same points on a different airdrop * spend no points accumulated, forgoing any one airdrop if the points/airdrop is perceived to be too high and/or the user thinks a better airdrop will be available later * spend a portion of points accumulated # Fjord Foundry Brand Assets **Logo 1:** Chrome logo with transparent background (preferred)
**Logo 2:** Black mono logo
**Logo 3:** Blue chrome logo
**Avatar 1:** Circular
**Avatar 2:** Square
**Graphic element 1:** Fjord Dreamscape
**Graphic element 2:** Northern lights
**Typestyles**
**Colours**