πŸš€Dreampad

The goal is to align the interests of the community and developers, not to issue tokens.

The continuous issuance of new tokens is an important means to increase ecosystem activity. How sweet can it be If we enable each user to create their own tokens innovative Fair Token Offering (FTO) model to build up their exciting successful projects independently? We refer to this concept as "Dreampad", distinguishing it from traditional web3 launchpads and web2 Kickstarter projects.

Current Problems

New projects (tokens) typically enter DeFi through launchpads. As the entrance to liquidity, these launchpads are the engines through which the entire DeFi system can further expand its reach and venture. However, the current Launchpad model suffers from the following issues:

  1. Unfair launch: Early capital or developers with information advantages can easily profit and dump tokens, which is unfair to later supporters and causes the deterioration of the community;

  2. Lack of long term support: The project lacks the long term comprehensive support will result in failed token price in the long term

  3. Liquidity Segmentation: After the launching of the token from the current launchpad, users need to find a place to list the token so that they can trade. This is not efficient in time and in capital

  4. Entrance Barriers: Other launchpad platforms usually require users to stake some assets (i.e their own token or NFT) to participate the launchpad campaign.

Our Solution

We designed a new liquidity entrance model we called Fair Token Offering model which is used by our launchpad - Dreampad.

The Dreampad is a Liquidity centred token launching system, which means that rather than users buying in to individual token sales they are buying directly into the Liquidity Pool for this new token. @Berasearch

Here are the clear advantages of Dreampad over traditional Launchpad:

  1. Fair Token Offering: No presale tokens exists in our Model and no developers gain information advantage. Our Fair Token Offering (FTO) protocol ensure transparent and fair token launches, rather than the traditional Launchpad models or ILO models. FTO ensures a fairer token price for all participants, unlike the skewed pricing common in traditional launchpads.

  2. Dreampad Incentive Plan supporting the project long term growth: We use $HPOT to participate in the token launch of projects to help them raise funds, and use the purchased tokens for airdrops and bribes to help projects distribute tokens.

  3. Liquidity free flow without any hassles: After the launch of LP tokens by Dreampad, they will be automatically added to HenloDex to have a 100% liquidity pool.

  4. No Entrance Barriers: All users are welcomed to participate all of the launchpad campaign, there is no restriction.

Dreampad ensures fair and transparent token launches, offering long-term value. In the short term, projects can withdraw liquidity from the Liquidity Pool (LP) tokens to secure funding without impacting their token’s value, thanks to the constant K formula used in the Automated Market Maker (AMM) model. For the long term, we use $HPOT to support projects initiated through Dreampad. One of our innovations, the Dreampad custom hook, allows projects to flexibly choose from all available market launch options such as Token Generation Event (TGE) support, token locking, and launching futures options for tokens. Similar to how Uniswap V4's custom hook has set a new standard for decentralized exchanges (Dex), Dreampad's custom hook aims to redefine standards for future launching model.

Why FTO promotes the POL?

The Fisher Equation, MV = PT, is central to the Quantity Theory of Money, where M is Money Supply, V is the Velocity of circulation, P is the Price Level, and T is Transactions. Traditionally, it monitors currency inflation and deflation. On the blockchain, P should be viewed as asset value, so the focus isn't solely on inflation and deflation. The formula still applies, with MV reflecting macro-level activities and PT representing micro-level activities.

Proof of Liquidity (PoL) incentivizes on-chain activity, thereby accelerating the velocity of circulation. This allows PoL networks to achieve similar economies of scale with a lower token supply or even greater economies of scale with the same token supply. This is a key differentiator from Proof of Stake (PoS) systems, where a large portion of the token supply is locked by validators to earn rewards, leading to a lower velocity of circulation.

Facilitating Token Offerings (FTOs) can further increase the velocity of circulation by adding liquidity immediately after the token launch. This readily available liquidity allows users to trade the token easily, further enhancing the Proof of Liquidity system's ability to achieve significant economies of scale.

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