Launch of Crowdfunding: Step-by-Step Tutorial
If you don't have $XDAO tokens, go to this page to purchase $XDAO tokens:
If you have $XDAO tokens on another blockchain, go to this page on bridge $XDAO tokens between blockchains:
If you don't have an XDAO subscription yet, go to this page to upgrade your DAO:
Follow these instructions to Launch of Crowdfunding and drop below to learn more information:
You can only create an LP token once per DAO, so if you plan to do a few rounds of crowdfunding you will have access to the crowdfunding setup at once.
If you use XDAO without a subscription, the Crowdfunding Fee will be 2.5% on each transaction. To make the Crowdfunding Fee lower to 1%, buy a Business subscription. Follow these instructions to upgrade your DAO and get a lower Crowdfunding Fee:
https://docs.xdao.app/use-cases/upgrade-your-dao-step-by-step-tutorial
Let's consider an example where a project needs to raise $1,000,000, i.e. the project needs to have 1,000,000 USDT in the DAO balance. Since XDAO has a Crowdfunding Fee, the project needs to set the Total Sale Amount a bit higher than the planned amount. If you are using XDAO without subscription or with Plus subscription, Crowdfunding Fee = 2.5%, then you need to calculate the Total Sale Amount, which is calculated using the formula: Amount Received on DAO / (1 - Crowdfunding Fee) -> 1,000,000 / (1 - 0.025) -> 1,000,000,000 / 0.975 -> 1,025,641 USDT the project should specify as Total Sale Amount. If Crowdfunding Fee=1%, then let's perform similar calculations: 1,000,000 / (1 - 0.01) -> 1,000,000,000 / 0.99 -> 1,010,101 USDT the project should specify as Total Sale Amount.
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