Fair Launch

Fair Launch lets you back a new Monad-native token before it exists. A builder publishes a plan with a fixed fundraising target in LVMON and a time window. You contribute LVMON — or MON, which becomes LVMON 1:1 — while the raise is open. If the target is reached, the token is launched through Nad.Fun and you claim your share. If the raise misses its target, the token never launches and you refund your full contribution.

The terms are visible onchain before you put anything in: the target, the deadline, the token's name, and the wallet that will receive the builder's incentive allocation. And one term applies to everyone equally — every contributor pays the same price per token, and at launch no allocation exists below it.

Early access

Fair Launch is currently live on Monad testnet in early access. Numbers on this page come from the testnet deployment and may be tuned before mainnet.

Why it is built this way

Most token launches settle the important questions before the public arrives: who got in early, at what discount, and who is waiting to sell on you. Fair Launch is built so those questions have boring answers. The two words that drive every design choice on this page are fairness and long-term — and the numbers only make sense read that way.

One price for everyone

The public sale is a single pool at a single price. Your allocation is your share of the raise — contribute 1% of the target, receive 1% of the contributors' pool. First minute or last minute makes no difference; the whitelist phase reserves time for a community, it does not change the price. There are no private rounds, no tiers, no early-bird discount.

A launch-day flip is a losing trade

Contributors enter exactly at the launch market cap — the price the DEX pool opens at. No contributor holds tokens bought below that price, and selling into the fresh pool immediately returns less than entry, because the sale itself pushes the price down and pays swap fees. Flipping at launch is a structural loss, not a strategy. The only way a contribution pays off is if the token still matters after launch — which is exactly the behavior the design selects for.

The raise pays the token, not the builder

The LVMON you contribute is never handed to the builder. All of it is spent into the token's own market — the creation fee, the full bonding-curve buyout, and the opening DEX buy — and ends up as the pool's live trading liquidity. The builder is paid in two things instead: a token allocation, and 90% of the token's future trading fees. Both are worth something only if the project holds up. Builders are paid in the long term, or not at all.

Nad.Fun's rails, on purpose

LeverUp deliberately did not build a parallel launch venue. Fair Launch tokens are created and graduated through Nad.Fun, Monad's existing token infrastructure — so a new token is born where Monad's traders and liquidity already are, in a standard pool, tradable and discoverable from block one. Composing with the ecosystem instead of fragmenting it is the same long-term choice in different clothes: liquidity that outlives the launch campaign.

How a raise works

Builder creates a plan → contribute (whitelist, then public) → target reached
→ window ends → token launches on Nad.Fun → contributors claim

1. A plan opens. The raise starts as soon as the builder creates it and runs until a fixed deadline set by the builder.
2. Whitelist phase (optional). A plan can reserve its opening window for a whitelist. During this phase only listed addresses can contribute, each up to its own cap.
3. Public phase. Anyone can contribute. There is no per-address cap — the only limit is what is left of the target.
4. Target reached. The raise closes exactly at the target. A contribution that would overshoot is accepted only partially; the excess never leaves your wallet.
5. Launch. After the window ends, a keeper launches the token on Nad.Fun automatically.
6. Claim. You claim your tokens — pro-rata to your share of the raise.

If the raise fails: the window ends below target, nothing launches, and every contributor can refund their full contribution in LVMON. A live raise cannot be refunded early, and a launched plan cannot be refunded at all.

Filling early does not launch early

A plan that hits its target mid-window waits until the window closes before launching. Reaching the target closes the raise, not the clock.

Contributing

Two ways in, same result:

• LVMON — contributed directly.
• MON — sent with the transaction and minted into LVMON 1:1 on the spot.

Contributions add up: contributing twice from the same wallet grows one position. Before you confirm, the app shows exactly how much of your contribution fits in the remaining target and the token amount you would receive for it.

What happens at launch

The raised LVMON is spent in three steps inside the launch transaction:

1. Create fee — up to 10 LVMON paid to Nad.Fun for creating the token.
2. Curve buyout — 229,596 LVMON fills the token's entire Nad.Fun bonding curve. The token graduates immediately: it goes live on Nad.Fun's DEX with an opening pool of roughly 191M tokens and ~224k MON.
3. DEX buy — everything left is swapped in that fresh pool.

The minimum raise target — 230,000 LVMON — is set just above the fee plus the full curve buyout. That is the point of the design: every successful Fair Launch ends with a tradeable token and live DEX liquidity in a single transaction. There are no half-filled bonding curves.

Who gets which tokens

Every Fair Launch token has a fixed supply of 1,000,000,000. At launch it is split three ways:

• Public sale — the contributors' pool. It is sized so that, at the token's launch price, it is worth exactly what the raise collected. In other words: contributors enter at the launch market cap, not below it.
• Builder incentive — everything else the raise bought, sent to the builder's incentive wallet in the launch transaction. Economically this is the spread captured by buying through the bonding curve below the final price.
• DEX pool — what remains in the Nad.Fun liquidity pool, backing live trading.

The split depends only on the target. From the testnet contract:

Target (LVMON)	Launch market cap (LVMON)	Public sale	Builder incentive	DEX pool
230,000	1.16M	19.87%	61.05%	19.08%
500,000	5.53M	9.04%	82.22%	8.73%
1,000,000	22.22M	4.50%	91.14%	4.36%
5,000,000	557.41M	0.90%	98.23%	0.87%
15,000,000	5.02B	0.30%	99.41%	0.29%

Two things to read off that table before contributing:

• Bigger targets launch at much higher valuations. Past the curve buyout, every extra LVMON pushes the same pool's price up — a 65× larger target produces a ~4,300× larger launch market cap.
• Bigger targets shift tokens from contributors to the builder. At the minimum target, contributors share ~20% of supply; at a 15M target they share 0.3%.

Evaluate before you contribute

The builder incentive is not a fixed percentage — it is a residual, and it grows with the target. The target, the resulting split, and the incentive wallet are all onchain before you contribute. Judge the builder by what they plan to do with that budget.

Claiming and refunds

• Claim opens once the token launches. Your allocation is your share of the public-sale pool, proportional to your share of the raise. Claiming is never forced — your tokens wait until you collect them.
• Refund opens only if the window ends below target. It returns your full contribution in LVMON — the raise either launches a token or costs you nothing.

For builders

Creating a plan takes one transaction from the app. You set the token's name, symbol and image, the raise target, the window, an optional whitelist, and the incentive wallet. Two defaults worth knowing:

• Post-launch Nad.Fun trading fees on your token stream 90% to you, 10% to the platform.
• Token images are screened by Nad.Fun and rejected if flagged NSFW.

Your incentive allocation arrives in the launch transaction — a visible budget for rewarding early users, funding contributors, or seeding liquidity from day one.

Fair Launch and the protocol

Fair Launch gives LVMON a third role, next to trading collateral and staking: it is the asset that accesses Monad-native launches.

• For LVMON holders — a raise is something to do with LVMON. Between launches it does not have to sit idle: staked LVMON keeps earning until you want to deploy it.
• For the protocol — contributing with native MON mints new LVMON 1:1 against MON reserves, so launch demand grows the circulating LVMON base the rest of the collateral system runs on.
• For Monad — every successful raise ends as a live Nad.Fun market: a new asset, a new pool, and new reasons to hold and use LVMON.

The same long-term reading applies to LeverUp itself: the raise carries no LeverUp fee — the create fee and the token's fee streams follow Nad.Fun's standard model. What the protocol gains is not a cut of your contribution; it is more LVMON in circulation, doing more things.

Key numbers

Read together, these all point the same direction: guaranteed live liquidity, one price for everyone, and payoffs that only arrive with time.

Setting	Value
Minimum raise target	230,000 LVMON
Maximum target (app slider)	15,000,000 LVMON
Token total supply	1,000,000,000 (fixed)
MON → LVMON at contribution	1:1
Nad.Fun create fee	≤ 10 LVMON
Bonding-curve buyout at launch	229,596 LVMON
Opening DEX pool after graduation	~191M tokens / ~224k MON
Builder / platform fee split on the launched token	90% / 10%

Integrating Fair Launch into your own product? The contract-level reference lives in the developer docs.

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