# Moneta Launch

## Overview

* **Launch Mechanism**: Liquidity Bootstrapping
* **Launch Price:** 0.00075 ETH ($1.00)
* **Max Supply:** 100.000.000
* **Initial Liquidity Pool:** 1.000.000

## Liquidity Bootstrapping

The Moneta token needs liquidity to be traded efficiently on Uniswap. 1.000.000 MON were put in the initial Liquidity Pool paired together with 750 ETH (roughly $1.000.000). This sets the Listing Price to around \~$1.00.

Participants deposited their ETH in a decentralized Smart Contract. Those ETH stay in the Liquidity Pool forever. In return, 1.500.000 MON are distributed to them in a linear manner over the course of 180 days.

**Specifications**:

* **Initial MON LP Supply:** 1.000.000 MON
* **Hard Cap:** 750 ETH<br>
* **Minimum Invest:** 0.02 ETH
* **Maximum Invest:** 20 ETH<br>
* **Start Date:** September 23: 20:00 CET
* **End Date:** September 25: 11:11 CET