Initial RollApp Offerings (IROs)

IROs enable anyone to create tokens that can transform into a RollApp. Creators set initial RollApp information and create a instantly tradeable token.

Liquidity bootstrapping

IROs act as a liquidity bootstrapping platform in which DYM used to purchase IRO tokens are used to seed a standard liquidity pool upon the RollApp's launch.

Unpurchased IRO tokens along with the DYM used to purchase the IRO tokens are used to seed a standard liquidity pool post-launch. As soon as the RollApp launches users can easily claim the native RollApp tokens by burning their IRO future tokens at a 1:1 ratio.

Transferring

IRO tokens are fungible tokens that may be transferred in and out of Dymension. Each IRO token has its own ERC-20 contract address.

Pricing

IRO tokens are traded based on a bonding curve chosen by the Creator. This bonding curve, combined with the target fundraising goal, determines the price of each IRO token. Understanding the type of bonding curve used is essential for predicting how the token's price will fluctuate.