LFG Launchpad: From application to the LFG Launch!

Let’s take a look at the whole LFG launchpad application to launch the process.

Anyone can apply through our open process via the Jupiter Research Forum. The J.U.P DAO then votes on who is accepted to the LFG Launchpad through on-chain governance using the JUP token.

This is a 4-step process

Step 1 - Jupresear.ch forum post
Step 2 - Candidate Introduction
Step 3 - DAO Voting
Step 4 - Launch!

Step 1 - The Jupresearch forum post

Anyone can apply by posting on the Forum in the LFG Introduction section and following the rough outline provided in the first forum post explaining the LFG introduction section in this forum, and then make your case to the DAO. Every project is free to initiate a discussion on the Jupresear.ch Forum or within the #lfg-candidate channel in Discord.


Step 2 - The candidate stage

Certain candidates are then elevated to the candidacy stage based on criteria such as community sentiment, Catdet feedback, traction, TGE timing, and quality of introduction.

When a project reaches the candidacy stage, it’ll get a dedicated Discord forum thread where the project can engage in a more intimate discussion with the DAO. They’ll also automatically qualify for the next LFG Launchpad vote, contingent on partaking in an AMA with the working group.


Step 3 - The DAO vote

During the first week of each month, the DAO votes on which 2 candidate projects get to launch in the coming month.

For example, the first week of January would hold the vote for candidates to launch in February.

The vote will be held on vote.jup.ag and will run for 3 days (72 hours). After the 3 days, up to 2 projects will be allowed to launch next month.

Note: The LFG approval vote can only be initiated if there are 2 or more viable candidates for the voting period.


Step 4 - LFG, launch! :rocket:

Once the vote has concluded, the working groups will coordinate with the approved projects alongside the Jupiter team to set their launch dates.

Built by the community and for the community, empowered by the DAO

It is important to note that this initial process will not resemble what the process ultimately becomes. Sourcing feedback from the community will enable changes over time to achieve a more refined launch process. After the initial projects are voted upon and launched, there will be a period for feedback sessions where the community will be able to voice any concerns or suggestions to the working group.

Over and out!

142 Likes

Great execution on the staking platform and a smooth voting process two votes.

21 Likes

Love it! The staking and voting processes were both such a smooth, seamless experience. Can’t wait for all that’s in store for JUP and the community! LFG!

18 Likes

Agree, everything has been super smooth. Big up guys

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i want to participate…i love your ecosystem!

2 Likes

Good job I love this and good :dotted_line_face::smiling_face_with_three_hearts::smiling_face_with_three_hearts:

Hello, thank you for this post and clarification. Is there any help for the community to make a good investment decision? I mean its a dao and the community decides. But as i was reading some topics about improving this process i was asking myself how we could get more investment knowledge and experience into this launchpad community, to help the community.

Interesting, when does it kick off?

2 Likes

Awesome project :fire::fire::fire::fire::fire::fire::fire::fire::fire::fire::fire::fire::fire:

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gm. Amazing community. Looking forward to engaging with our application coming soon!

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Your comprehensive breakdown of the LFG Launchpad process is profoundly insightful and reflects a masterful approach to decentralized project onboarding. The clear and well-structured four-step methodology not only underscores the commitment to transparency but also exemplifies the principles of effective on-chain governance.

Each stage of the process is meticulously designed to ensure that projects are not only innovative but also align with the community’s standards and vision. By starting with an open forum post and advancing through a series of evaluations, you’ve highlighted a robust framework that balances inclusivity with rigorous vetting. This ensures that only the most promising and community-endorsed projects make it to the launchpad.

The focus on community engagement throughout—from the initial discussion on the Jupresear.ch Forum to the decisive DAO vote—is truly commendable. It embodies the democratic spirit of the DAO, empowering every member to have a voice in shaping the future of our ecosystem. The subsequent phases, particularly the collaborative launch coordination, reinforce the ethos of collective effort and shared success.

What stands out most is the DAO’s commitment to continuous improvement through community feedback. Anticipating and embracing changes based on community input demonstrates a profound understanding of the dynamic nature of decentralized ecosystems. This adaptive approach not only fosters resilience but also ensures that the process remains aligned with the evolving needs and aspirations of our community.

Kudos to the Jupiter team and the DAO for creating a platform that not only nurtures innovation but also upholds the values of decentralization and community empowerment. I am excited to witness the journey of the inaugural projects and am confident that their experiences will lead to an even more refined and impactful launch process in the future.

This initiative is a testament to what can be achieved when we unite our efforts. Here’s to the successful launch of groundbreaking projects and the continued strengthening of our vibrant community!

Let’s fucking goooo :rocket:

1 Like