πŸ›‘οΈCommunity Protection Plan

As the most recent launchpad on TON, we at TonUP are thrilled to have the robust backing of the TON Foundation and community. Our belief in the community as the central component for any launchpad's success has prompted us to officially initiate our "Community Protection Plan" (CPP).

What is CPP?

CPP is an exhaustive series of strategies we've developed to safeguard the interests of IDO community members. The plan consists of several facets, although different projects may be applicable to different plans. For comprehensive details, please visit our IDO page.

Liquidity Supervision Plan

Prospective projects participating in the Liquidity Supervision Plan agree to set aside more than 60% β€” or even all β€” of their fundraising amount into DEX to form LP. TonUP and the respective project will jointly monitor these LPs through multi-signature. This plan ensures the project depth when it goes public, subsequently serving IDO community member interests.

Price Protection Plan

Any project that takes part in the Price Protection Plan commits to a minimum price protection of not less than 80%. If any project token's DEX transaction price drops below the warranty price within a specific timeframe (minimum of 90 days) post its launch, refinancing will be administrated by TonUP based on the protection price. TonUP helps administer some fundraising amounts within the Price Protection Plan. Please note that tokens sold by users are not encompassed in the Price Protection Plan.

However, it's important to remember that not all projects belong to the TonUP Community Protection Plan (TonUP CPP). Therefore, to determine if a project is part of the TonUP CPP plan, we suggest referring to the IDO page.

Reminder

The volatile cryptocurrency market comes with high risks. We implore everyone to approach token with caution and make informed decisions. We extend our heartfelt gratitude to the TON Foundation and community for their unwavering support.

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