Hydrapad

Demo

About

The problem it solves # A Next Gen Multichain Launchpad on EVM > Gateway to onboard Users & Projects in web3 space --- Hydrapad is a Launchpad, integrated with top tier security features with market maker Bonded Curve Presale Contract including live trading for users & investors. # Product Scope - Presale Launchpad: A simple and intuitive interface for startups to create, manage, and customize presales for their tokens, enabling projects to raise funds in a decentralized manner while ensuring transparency and fairness. - Bonded Curve Mechanism: The bonded curve will ensure a fair pricing structure during token presales. The curve dynamically adjusts the price based on the quantity of tokens sold, incentivizing early participation while maintaining price stability and reducing manipulation. - Live Token Trading: Investors can trade presale tokens in real-time, allowing for instant liquidity during the presale phase, providing a market-driven approach that benefits both the startup and the investor. - Instant Token Creation/Presale Deployment: Startups can easily create custom tokens for their projects directly through the Hydrapad platform. This feature enables the creation of tokens with predefined tokenomics, facilitating the setup of presales in a seamless and user-friendly manner including Presale contract deployment via Hydrapad Factory Contract in just one transaction. - Token Locking: Projects and investors can lock tokens for a defined period, enhancing trust and preventing early sell-offs. Token locking can be applied to both presale funds and tokens issued during the presale phase, ensuring long-term commitment from the project team and investors. --- ### **1. Solving Unaddressed Problems** - **Whale Manipulation & Fragmented Liquidity**: Traditional presales on L2s often suffer from front-running and unequal token access. Hydrapad’s **bonded curve mechanism** ensures price fairness by algorithmically adjusting token prices based on real-time supply/demand. - **Illiquid Presales**: Most presales lock tokens until launch, stifling price discovery. Hydrapad enables **live trading during presales**, providing instant liquidity via integration with DEXs (e.g., Uniswap, Camelot). - **High Cost of Fair Launches**: Startups on Ethereum face prohibitive fees. Hydrapad’s deployment cuts presale creation costs, democratizing access for early-stage projects. --- ### **2. Novel Mechanisms Introduced** - **Dynamic Bonded Curves with Live Trading**: A first-of-its-kind hybrid model where token prices follow bonded curves (e.g., linear: `P(S) = a + b*S`), but users can trade tokens instantly during the presale. This combines gradual price discovery with real-time market dynamics. - **LP Automation**: Post-presale, funds raised are auto-deployed as liquidity on DEXs, paired with presale tokens. This ensures sustainable liquidity without manual intervention. - **Gas-Optimized Multi-Presales**: Hydrapad’s contracts enable **batch presale creation**, allowing multiple projects to launch simultaneously at near-zero gas costs. ---

How it's made

Challenges we ran into Faced difficulties when implementing live trading mid-presale (a flagship feature), we discovered a critical flaw: early buyers could instantly dump tokens on DEXs during the presale, collapsing the price *before* the bonded curve could adjust, diluting value for later participants and jeopardizing project fundraising. We engineered a novel **"virtual supply" algorithm** that: 1. Tracks DEX Trades On-Chain: - Logs every presale token transfer to/from DEX pools. 2. Adjusts Bonded Curve Pricing in Real-Time: - To ensuring price reflects *true* market exposure. 3. Penalizes Early Dumping: - Sells to DEXs during presale incur a **slippage tax** (shared with bonded curve buyers), disincentivizing manipulation while rewarding holders.