# 🚀 Launchpad

<figure><img src="https://3565355292-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHodprR4MxtZALTchF6oW%2Fuploads%2F1OERovvkIMlEhtXjgDYP%2Flaunchpad.png?alt=media&#x26;token=2b6730fc-f0b1-41dd-8cec-515903bec56a" alt=""><figcaption></figcaption></figure>

## The Launchpad

Since 03/09/2023, the Autotronic Launchpad is available for token developers to launch a token auction for their project.

This allows developers to crowdfund an initial liquidity pool (LP) for their project's token, the launchpad automatically locks the liquidity into a token locker contract.

The following values can be chosen by developers creating a token auction:

* Token Contract Address
* Amount to auction
* Soft Cap
* Hard Cap
* User Limit
* Start Date
* End Date (At least: 1 hour after start date)
* LP Lock % (50%-95%)
* LP Unlock Date (Min: 24 hours)
* Launch Price (95%-150%)

{% hint style="info" %}
The token will automatically be added to the Autotronic DEX upon finalizing the auction
{% endhint %}

## Creating a token auction

If you're a developer who wants to launch a token auction on the Autotronic Launchpad, please read this guide first.

There are some requirements to creating an auction, if you do not follow these steps properly or meet these requirements; <mark style="color:red;">**your auction and token might FAIL to launch.**</mark>

* [x] Your token does not have a tradable LP pair on the Autotronic DEX
* [x] The entire supply of your token is in the deployer wallet
* [x] Your token can disable or whitelist addresses from special transfer functions such as transfer taxes

If your token meets these requirements, you are able to create a token auction on the Autotronic Launchpad.

### Step 1

In the first step, all crucial information about the auction itself is entered.

Token Address: The address of your token

Token Amount: The amount of tokens you are putting up for auction, we recommend auctioning off the entire supply

Soft Cap: The soft cap is the minimum amount of ETH that must be raised for the auction to successfully complete, if this value is not reached by the auction's End Date, users will be able to claim a full refund and your token will not launch.

Hard Cap: The hard cap is the maximum amount of ETH that can be raised, if this value is reached, users will no longer be able to buy tokens in the auction and the auction will be eligible for finalization and launch.

User Limit: The maximum amount of ETH a single user / wallet is allowed to contribute.

Auction Start Date: The start date and time of the auction, from this point on users will be able to purchase tokens in the auction, we recommend starting the auction a minimum of 1 hour after creation to allow for the next steps to be completed.

Auction End Date: The end date of the auction, if the soft cap is not reached by this time, the auction will fail and users will be refunded, note that it is possible to finalize the auction before this date if the hard cap is reached.

Launch Price: The price that your token will launch at, we recommend using 110% to ensure that the price of the token will start off a bit higher than the price users paid during the auction, keep in mind that starting at a lower launch price means users will have paid more for the token during the auction than its price upon launch, starting too high would incentivize users selling tokens immediately after launch.

### Step 2

After you have filled in all the necessary information in the first step, it's time to add the project's information, **this information cannot be changed afterwards so double-check everything!**

Logo: The logo of your token or project, we recommend using a 256x256 square pixel image hosted on your own webserver

Website: The website of your project

Twitter: The Twitter page of your project

Telegram: The Telegram group of your project

**To complete the information of your token launch, you must pay the auction creation price, this is currently set to: 0.01 ETH**

### Step 3

After adding the project information to your auction, it is now time to deposit the tokens into the auction contract.

<mark style="color:red;">**If your token has a special transfer function such as a transfer tax, whitelist the auction contract before depositing the tokens.**</mark>

Congratulations, after depositing the auction's tokens, your auction is now public and visible on the Autotronic Launchpad!&#x20;
