Fixed Price Mode

TL;DR:

• Fixed Price Mode allows participants to acquire allocation in a token launch at a pre-determined price and valuation.

• To earn allocation in Fixed Price Mode Launches, you can either be whitelisted for Private Round of a particular launch or use Gacha to join the allocation lottery.

Introduction to Fixed Price Mode

For all token offerings at a fixed token price, allocation is always the limiting factor – thus, the way of which allocation is distributed fairly, equitably, and transparently to contributors and participants is key to a launchpad's success.

Ramen's Fixed Price Mode presents a simple participation experience for users: protocols offer a certain percentage of the token supply to bootstrap liquidity with a hard cap. This token supply allocation is then divided into smaller allocation "tickets", which can only be won via a provably fair, on-chain lottery process.

To enter into the lottery, you will need to earn Gacha by staking $RAMEN (see Gacha Kitchen). The more Gacha you have, the more entries you can enter into any given lottery, the likelier to win allocation. You may enter as many entries you wish in any lottery, but the maximum number of allocation tickets any single unique wallet can win is 10, thus ensuring the equitability of the process and a wider token distribution at launch.