Performance
  • $0.01 (-0.28)%
  • 24h-1.43%
  • 7d-5.48%
  • 30d-21.78%
  • 1y0%
ATH
  • ATH Price$0.46
  • ATH Date2021-12-08
  • % since ATH-97.73%
  • % to ATH4,303.59x
ATL
  • ATL PriceN/A
  • ATL Date1970-01-01
  • % from ATL N/A
  • Last Low Price$0.00975948
  • Last Low Date2022-11-27
  • % from Last Low 1.06x
Community
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General
  • NamePathDAO
  • Symbolpath
  • Rank#1454
  • MIG Rank
  • Market Cap $2,184,448.00
  • Fully Diluted Valuation $10,394,656.00
  • Volume $28,515.00
  • Vol. / Market C. Ratio1.31%
  • Av.Supply / Max Supply Ratio 21.02%
  • Centralization
  • Open Source
  • Develpment Status
  • Proof Type
  • Platform
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Image PathDAO

Explaining the Balancer Liquidity Bootstrapping Pool

In a battle against the previously mentioned flaws in the fundraising scene for DeFi protocols, DAOs and other entities in the blockchain industry, Balancer created a solution like no other: the BLBP, an innovative method that allows the market to determine a fair price for the token, in this case the Path token.

In a regular pool like Uniswap or Sushiswap, assets are matched in value in an equal 50:50 ratio. In a Balancer pool, the weights of both assets are flexible and change over time. The moment the pool goes live on the 4th of December 2021, the weight will be set at 96:4 (Path/USDC) and, over the time the pool runs, this weight will gradually decrease to the final weight of 50:50.

During the 72 hours our pool will be live, anyone can swap their Ethereum, USDC, USDT or any other preferred ERC-20 currency for Path tokens. Whenever anyone initiates a trade, the price will increase; whenever no trades are initiated, prices will gradually decrease with the weight increasing. Eventually the price will end at the price the market finds most suitable.

To maximise the user friendliness of this round, we will be using the Copperlaunch platform created by Alchemist. This is an open, transparent and user-friendly way of interacting with Liquidity Bootstrapping Pools like ours.

PathDAO Investment Rounds
IDO IS ENDED: Dec 03 — Dec 03 2021

IDO price

0.015

Tokens For Sale

8333333
IDO IS ENDED: Dec 01 — Dec 01 2021

IDO price

0.015

Lock-up

15% TGE, linear vesting for 6 months

Tokens For Sale

16666666