💧Liquidity Bootstrapping Event

Before the protocol deployment, Bariff will hold a liquidity bootstrapping event to kickstart the protocol’s mechanisms. The system will be tier-based, using a FIFO model, and hosted at bariff.trade/lbe.

Tier-Based LBE

The LBE process is quite straight-forward: If your entry is near initial price ($P_i$), you will get more BARIFF tokens at a lower price. As tiers keep increasing on a constant $tierMultiplier$ (fronteering every $tierStepMultiplier$), the BARIFF price will increase according to $P$ formula:

$$P = \left( ( \text{tier} + 1 ) \cdot \textit{tierMultiplier} \right) \cdot P_i$$

In which every tier is given by:

$$\text{tier} = \frac{\textit{income}}{\textit{tierStepMultiplier}}$$

On the other hand, with income $\Delta i$, the amount of BARIFF tokens minted per tier is going to be:

$$BARIFF = \frac{\Delta i}{0.05 + \textit{tier} \cdot 0.05}$$

In that sense, the First Come, First Served (FCSC) mechanism ruled the initial public sale. Hence, price increments on each tier where not different on an exponential basis. In that way, is closer to a fair launch model.

The Tiers will be capped by 50k USD ranges. As tiers kept increasing on constant steps, the BARIFF price increased according to $P$ formula. In that sense, the first buyers got the best price rate of the BARIFF token.

The raise will implement a soft cap of 50k USD, the minimum threshold required to bootstrap initial CHINA/BERA and USA/BERA LPs. Beyond this threshold, the raise will follow a Fibonacci-proportional allocation curve, designed to emulate organic PA as if traded within a full-range, V3-style AMM.

At the conclusion of the LBE, all raised funds will be paired with wBERA and deployed via Kodiak V3: https://app.kodiak.finance/#/

LBE Rationale

• Funds raised during the LBE will be used to incentivize liquidity in the three core LPs mentioned above.

• The CHINA/USA LP with BERA yield will be the primary target, as it represents the deepest alignment with BERA’s memetic value.