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!

154 Likes

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

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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!

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Agree, everything has been super smooth. Big up guys

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i want to participate…i love your ecosystem!

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

5 Likes

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.

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Interesting, when does it kick off?

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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:

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I am new here but excited to see Jupiter ecosystem growing really fast and becoming one of the major projects in Solana ecosystem. Keep it up guys!

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Initially I looked at this and it made sense, now going deeper and having read almost everything everywhere…

…I think it is super hard to get a grasp and a perspective how to reach Step 2, what really is necessary, and how much goes on transparently in public or more behind closed doors.

I see quite a lot projects that have a high quality intro, their TGE would check out and they have good traction. Yet they do not make it to candidate stage.

Then I see projects in past put to that stage, which at that time performed lower.

Not sure.

There seems to be more than meets the eye and then there is the other issue, that matchups can be very unfavourable.

So basically however many projects are on the vote to launch, some get simply the short end stick cause of the random luck of the draw on competitors.

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Thanks for taking your time with sharing feedback on the LFG process!

Which would be those projects? Keen to understand your pov better.

How we evaluate projects is outlined in what you quoted with a focus on community primarily.

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Well I did not name them on purpose, but at the same moment even if it is shameless self advertising I will say it loud and proud: Ambient Network of course!

But also saw other promising projects, like Stabble, Dabba, ECB Dynamics, Srcful, Meta Wealth, etc…

I believe from side of the team the definition might be thought of giving a good scope, but I know from experience in the projects I worked that being inside the system skews your view. Like if you really would put that text on a system you do not know how it works internally, and put yourself in the shoes of applying for it… …you might find it confusing too.

The users in our community show me every day that it is easy to get detached from the other POV, because it is also for me absolute impossible to not assume things based on my internal knowledge.

I know the team has a tough job with these evaluations, not saying anyone does anything wrong, I really appreciate the effort in all things. Just think a lot opportunities are missed out.

Think about it like that, Jupiter wants quality on launchpad, but has made a framework which very much relies on the fact that projects struggle and prevail investing into the carrot on the stick without feedback. Which is exactly something that pushes away quality projects. Because they need to follow their roadmap, progress, deliver and while they might be the perfect match for the LFG, they simply often can not afford to just idle wait in the palm of neglegence.

This sounds way harsher than intended, but it is hard to describe. I simply thing communication between both sides needs to start earlier, to give a sense of progression. And also show the projects that their efforts might be worth. It is not easy to justify in a credible company, to build a runway on hopium.

So either way, if saying “no your project is no match” or “continue like this and we will talk” would help both sides and create a better atmosphere. I mean there are a few Intros in LFG, that I will not name, but you clearly see they lost steam. Not because of lack of community interest, but it often seems more like they get no feedback from the team so some executive said “do not chase the golden goose we need to meet KPI’s and roadmap milestones, lets move on this is fruitless”. It is easy to say then “well they did not have the endurance to meet our criteria” but that would be also very biased and not seeing the reality on the other side. :person_shrugging:

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I personally would really like to see more projects launched. There have been some good projects overlooked. I was really hoping to see more projects in LFG. Some of the projects we voted on waited a long time to launch when other projects could have been launched in the meantime. Perhaps only projects ready to launch within a month should be voted on. Any thoughts?

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We moved TGE a last time further down to start of October, just we can not edit our entry topic anymore as it throws error 502.

But yeah, we gave a bit more wiggle-room to be open for Jupiter and maybe find synergy, but that is pretty much the last chance. We have a roadmap and users waiting but also investors, including Solana Ventures and Borderless Capital, so pretty much it will not be able to stretch that out longer.

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glad to be part of this great development

J4J

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Thank you sir! This was incredibly helpful in submitting my proposal for the microgrants! I hope I get elevated as a candidate for DumpFun!

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