Car Coin DAO Liquidity Bootstrapping Pool is coming

Car Coin DAO will be initiating a CCM Liquidity Bootstrapping Pool starting Sunday, December 5th at 8 am EST. Learn more about how to participate in this article.

The concept of a Balancer Liquidity Bootstrapping Pool (BLBP) allows projects like ours to raise funds in a fair way, removing the flaws of individual caps, whitelisting and bots.

With a BLBP, anyone can invest, big or small. Without the ability to run bots and scripts, there will be genuine price discovery happening across the 72-hour period the pool will be open. Tokens will be immediately tradable making it impossible for a large party to dump on smaller ones.

Naturally, we can’t predict the exact outcome of this BLBP. By fundraising this way, we let the market decide what the eventual token price will be and, therefore, how much we will raise for our DAO’s treasury.

Follow these steps to participate

Important to know when swapping

If you need more help, join us on Discord or Telegram.

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