Launchpad Overview
QsnLaunchpad is a fair token launch platform built into QsnDEX. It provides a trustless, transparent mechanism for new projects to raise funds and bootstrap liquidity without relying on centralized intermediaries.
Core Principles
- Fair launches with configurable soft cap, hard cap, contribution limits, and time windows.
- Automatic liquidity creation via the QsnDEX Router upon sale finalization.
- LP locking with a minimum lock period of 30 days to protect early contributors.
- Refund protection -- automatic full refunds if the soft cap is not reached.
Platform Fees
| Fee Type | Amount |
|---|---|
| Sale creation fee | 0.05 ETH |
| Platform fee on raised ETH | 2% |
Sale Lifecycle
Every token sale follows a deterministic lifecycle:
- Creation -- The project owner configures sale parameters, deposits tokens, and pays the creation fee.
- Contribution -- Users contribute ETH during the active sale window, subject to per-user minimum and maximum limits.
- Finalization -- Once the sale ends and the soft cap is met, the owner finalizes the sale. Liquidity is automatically created and locked.
- Claiming -- Contributors claim their proportional token allocation.
If the soft cap is not reached, the sale enters a Cancellation state and all contributors can claim full ETH refunds.
Emergency Cancellation
Sale creators may trigger an emergency cancellation after a 7-day grace period has elapsed from sale creation. This safeguard allows projects to abort a sale that is clearly not going to succeed, returning all funds to contributors without waiting for the full sale window to expire.