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IDO Launchpad
For those who are unfamiliar, ‘IDO’ stands for ‘Initial DEX Offering’ and is commonly regarded as a fantastic chance for listed projects to generate funding by issuing their respective project token. An IDO also allows people to potentially make a fortune by investing in initiatives that they have been watching for a long time.
ArthSwap IDO Launchpad requires projects to access the platform with a fixed-priced project token. As of June 28, 2022, $ARSW's listing date, two projects have held their IDO events on ArthSwap IDO Launchpad, with one project being ArthSwap itself and the other project Starlay Finance. These two IDO events adopted a first-come-first-serve style.

ArthSwap had its first IDO on April 16th, 2022. It was a carnival for ArthSwap supporters because one million $ARSW was sold out at a price of $0.5 in merely two minutes, having raised $500K for the team.

ArthSwap IDO was then followed by Starlay Finance IDO on April 28th, which adopted the same first-come-first-served mode. $LAY, the project token of Starlay Finance, was sold out at a price of $0.15 in 5 minutes. This IDO event raised $750K for the Starlay team.

Even though these two IDO events were huge successes for both teams. ArthSwap faced criticisms from the community due to the first-come-first-serve IDO mode. Many users failed to successfully purchase $ARSW & $LAY because they were both sold out in minutes.
On May 2, 2022, ArthSwap team made the announcement that a new Lock & Lottery IDO mode will be adopted for future IDO events held on ArthSwap IDO Launchpad, so that users will have much fairer chances to purchase their desired project tokens on ArthSwap IDO Launchpad. The steps to participate in future IDO events are therefore as follows:
  1. 1.
    By staking $ARSW tokens, users will have an equal chance of participating in a lottery draw.
  2. 2.
    Those who are luckily drawn will be given the opportunity to purchase their favourite project tokens.
This new adoption was implemented in May 2022.
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ArthSwap IDO
Starlay Finance IDO
Introducing Lock & Lottery IDO Mode