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Launch Threshold (Soft Cap)

The Launch Threshold is the minimum percentage of your Liquidity Target that must be raised for your fundraise to be considered successful. It acts as your pool's soft cap.

It answers the question:
"What's the bare minimum I need to raise for this launch to go live?"


How It Works

Setting the Threshold

When creating a launch pool, you set the Launch Threshold as a percentage of your Liquidity Target.

  • Default: 50%
  • Range: 0% to 100%
Example:

If your Liquidity Target is 100 KTA and your threshold is 50%, you need to raise at least 50 KTA for the launch to succeed.

The Formula

The minimum amount required for a successful launch is straightforward:

Minimum Required = Liquidity Target x Launch Threshold


Three Possible Outcomes

When the fundraise end date is reached, exactly one of the following outcomes occurs:

Outcome A Full Success

Raised amount reaches the full Liquidity Target

The fundraise is a complete success. The pool transitions to an active DEX trading pool with maximum liquidity.

Result:

Pool launches with full liquidity. All participants trade at optimal conditions.

Outcome B Partial Success (Threshold Met)

Raised amount is between the threshold and the full target

This is the key scenario. The fundraise succeeds even though the full Liquidity Target was not reached. The pool still launches.

Example:

Liquidity Target: 100 KTA | Threshold: 50% | Raised: 72 KTA
Since 72 KTA ≥ 50 KTA (minimum required), the launch succeeds.

Outcome C Failed

Raised amount is below the threshold

The fundraise is considered failed. The pool does not launch. All contributors can claim full refunds of their tokens.

Example:

Liquidity Target: 100 KTA | Threshold: 50% | Raised: 30 KTA
Since 30 KTA < 50 KTA (minimum required), the launch fails.


What Happens During a Partial Success?

When a fundraise succeeds via the threshold (Outcome B), here's exactly what happens:

1The pool launches — it transitions from fundraising mode to an active DEX trading pool.
2Liquidity is seeded proportionally — the pool is created with the actual amount raised, paired with the tokens sold during the sale.
3Unsold tokens join the pool — any fundraise tokens not purchased become part of the paired token liquidity in the AMM pool.
4Price continuity is maintained — the DEX listing price is based on the final sale price plus the configured listing premium (Sale Discount).
5LP tokens are minted — liquidity provider tokens are created based on the actual raised amounts.
6Team funds scale down — if Team Funds were configured, the team receives a proportionally smaller share.

Important Things to Know

No Refunds on Success

If the threshold is met (Outcome A or B), no refunds are issued. All contributors keep their tokens at the prices they purchased.

No Time Extensions

There are no extensions or second chances. When the end date is reached, the pool finalizes as-is based on the amount raised.

Buy Orders Only

During the fundraise phase, only buy orders are accepted. Selling is enabled after the pool launches on the DEX.


Lifecycle Overview

Pool Mode Transitions

PhaseWhat Happens
Fundraising

Users buy tokens along the bonding curve. Only buy orders are accepted. Price increases as more tokens are sold.

Evaluation

End date reached or all tokens sold. The raised amount is checked against the threshold to determine success or failure.

Launch (Success)

Pool transitions to an AMM trading pool. LP tokens are minted. Both buying and selling are enabled.

Failed

Pool does not launch. Refunds are enabled for all contributors to reclaim their tokens.