# $PAPPLE Launchpad

## Let’s start with the basics: the Fair Launch System <a href="#id-2530" id="id-2530"></a>

At the core of the PAPPLE Launchpad lies the principle of “**fair launch**,” a concept that ensures **equal footing for all participants**. Avoiding the traditional fixed-price model, our launchpad introduces a dynamic, **price discovery period**, making the launch an exciting journey of collective valuation.

With **1,250 tokens available for distribution**, we invite every enthusiast to commit from as little as 1 USDC, embracing the potential of $PAPPLE without boundaries.

## The Mechanics of the Launchpad <a href="#c528" id="c528"></a>

<figure><img src="https://3310779003-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FABpLRu81yMykmyhTb9j9%2Fuploads%2FnCkZpWOjlka76yajmvI4%2Fts_launchpad_.png?alt=media&#x26;token=aedc27eb-3ba1-4049-9189-966832bd576b" alt=""><figcaption></figcaption></figure>

Our launchpad’s doors will open for **48 hours**, a window of opportunity for participants to **commit USDC** to participate.&#x20;

The **value of $PAPPLE** will be determined by the following formula:

**$PAPPLE Price = Amount Raised / Available Tokens​**

The launchpad will start on **Friday, May 10th, 2024 at 01:00 PM UTC** and will end on **Sunday, May 12th, 2024 at 01:00 PM UTC**.

Following this phase, the **initial liquidity** — consisting of 100% of the funds raised during the launchpad — **will seed the PAPPLE/USDC liquidity pool**.

**This step** not only marks the starting point of $PAPPLE’s journey on the market but also **activates the claim process**, allowing participants to receive tokens proportional to their USDC commitment.

The launchpad’s conclusion unveils a **dual reward**: **60% in SEEDS and 40% in $PAPPLE**.

**Let’s make an example** to clarify the whole process: consider a scenario where the total commitment reaches $125,000. The resulting PAPPLE price settles at $100, calculated by dividing the total funds by the available tokens (1,250 $PAPPLE).

Participants like Bob and Paul, who committed 100 USDC and 50 USDC respectively, will receive their shares as follows:

Bob (100 USDC invested): 0.6 SEEDS (60%) and 0.4 $PAPPLE (40%);\
Paul (50 USDC invested): 0.3 SEEDS (60%) and 0.2 $PAPPLE (40%).

## The Deflationary Path Ahead <a href="#e8d4" id="e8d4"></a>

With a **capped supply of 250,000 tokens**, $PAPPLE’s journey is meticulously designed to balance ecosystem growth with a **deflationary trajectory**.

Through strategic **burning mechanisms** (you can find all the info [here](https://medium.com/@tropicalswap/the-essence-of-tropicalswap-a-deep-dive-into-papple-seeds-and-beyond-1ef569d733b9)) we ensure **$PAPPLE’s scarcity and value appreciation over time**. These measures reflect our commitment to the **token’s sustainability** and the prosperity of TropicalSwap’s ecosystem.

Dive in, and let’s craft a flourishing DeFi ecosystem together! 🍍🌴🌊


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