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Ellipsis Labs | Introducing Gavel

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Gavel is a token distribution and liquidity bootstrapping platform designed to move the token distribution process on-chain to avoid paying centralized exchange rents, while facilitating on-chain price discovery without exposing users to toxic MEV. Today, teams issuing tokens are forced to wade through an opaque labyrinth of centralized exchanges and market makers, which sometimes charge teams over 10% of total supply in listing fees and liquidity fees. Or they can launch on-chain while giving up value to snipers and toxic MEV. Gavel provides: In this piece, we discuss Gavel’s core mechanisms that allow for sniper-resistant capital formation and sandwich-resistant liquidity bootstrapping. Many coins on Solana today are launched on a bonding curve. The core property of bonding curves is the price starts very low and increases as more tokens are bought. The starting price is an arbitrary starting point; it does not necessarily represent what is likely to be the fair market value of the t

Ellipsis Labs | Introducing Gavel Introducing Gavel Copied! Gavel is a token distribution and liquidity bootstrapping platform designed to move the token distribution process on-chain to avoid paying centralized exchange rents, while facilitating on-chain price discovery without exposing users to toxic MEV. Today, teams issuing tokens are forced to wade through an opaque labyrinth of centralized exchanges and market makers, which sometimes charge teams over 10% of total supply in listing fees and liquidity fees. Or they can launch on-chain while giving up value to snipers and toxic MEV. Gavel

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