Overview of the problems that Eclipse Pad will solve.

BENsiiiiii♒
3 min readMay 14, 2023

What Problems does Eclipse Solve?

Token launch problems:

Customisable, modular launch platform.

  • Instead of offering projects just a singular method of launching, Eclipse Pad offers a more customisable and modular approach, allowing projects to construct their own launch flow depending on their needs.
  • Projects can choose from different methods of launching and combine different modules together to form new combinations, whether they are looking to raise funds, or attract sticky liquidity for their token.

Greater commitment and value leads to increased launch access and distribution benefits.

  • Eclipse Pad employs a time-lock staking model that offers increased access and larger allocations to users who demonstrate a long-term commitment.
  • Additionally, the platform features modules like lockdrop and liquidity bootstrapping auctions that encourage users to lock value in the platform for extended periods.
  • This incentivises users to contribute meaningfully to the platform’s success, rather than just bringing limited value and dumping tokens at launch.
  • This approach ensures that users with a more significant vested interest in the platform’s success receive more distribution.

Price discovery mechanisms, caps, and minimum requirements, as well as incentivising research.

  • To address these issues, Eclipse Pad implements minimum float requirements at launch and offers modules that enable fair price discovery by the community.
  • Additionally, certain auctions modules on the platform will have caps to prevent FOMO-driven overpricing.
  • Eclipse Pad’s community governance model in the vetting process empowers the community to reject launch proposals with unfair launch terms.
  • Finally, incentivising talented launch researchers in the community encourages the development of better launch flows and economics.

Lockdrop module and liquidity bootstrapping.

  • Offering lockdrop and liquidity bootstrapping auction modules (pioneered by Delphi Digital) enable projects to attract significant locked TVL and liquidity on launch.
  • Through these modules, users can lock TVL or LP into the protocol in exchange for a share of a token pool, with their weighting increasing the longer the lock period.
  • Tradeable NFT positions on Eclipse Pad offer users a way to convert locked positions into DeFi NFTs, which can be traded on a secondary market. This helps to reduce hesitancy to lock assets and keep locked TVL and LP on the platform.

Launchpad problems:

Thorough decentralised vetting and community governance.

  • Eclipse Pad employs a thorough multi-stage vetting process that includes the posting of public due diligence reports and community governance, which ultimately makes the final decision on the launch.

Strong dealflow partners and connections.

  • Eclipse Pad benefits from a strong network of dealflow partners, including accelerators, top VCs, advisors, and layer one blockchains, as well as strong networks and ties into the web2 business world.
  • This allows for a high-quality pipeline of projects, including web2 businesses seeking to build and launch in web3.
  • In addition, Eclipse Pad offers multiple launch options and methods, expanding the scope of projects that can be launched on the platform and ensuring a higher quality of launches.

Modules that enable for uncapped access, system that rewards long-term commitment over position size.

  • Eclipse Pad’s launch approach offers various modules and options that allow for wider participation and potential for larger launchers.
  • The lockdrop module does not require whitelists, thus enabling smaller users to participate in the launch.
  • Although token staking and whitelisting are still implemented for certain modules, Eclipse Pad’s approach is based on the principle that users who stake or lock their tokens for a longer duration receive higher weighting and have a better chance of getting allocations.

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