Token Testnet · v1.10 · all tests passing
Estimated read time: 7 minutes

Fair Launch

TL;DR

At the launch block, 100% of the 1,000,000,000 VLD supply enters the market on Ethereum: 900,000,000 VLD (90%) is the public float, sold against ETH via a Uniswap V3 pool; 100,000,000 VLD (10%) is paired with team-provided ETH as locked liquidity — the LP tokens are burned in the same transaction. No presale, no allowlist, no team round, no KYC. The contract has no mint function and ownership is renounced at launch — no new VLD can ever be created. Same access for everyone in the same block. The contract is auditable in advance; the date and block are announced one week ahead; nothing pre-launch grants anyone preferential price or timing.

The mechanism in one paragraph

At a pre-announced Ethereum block, a single transaction deploys the VLD ERC-20 contract with 1B fixed supply, deposits 100M VLD + team-provided ETH into a Uniswap V3 pool, burns the resulting LP tokens, and renounces contract ownership. The remaining 900M VLD is the public float, immediately tradeable against ETH in the same pool. Anyone who can land an Ethereum transaction in that block can be in the first wave of buyers; no one can get in earlier.

Why a curve, not a fixed-price sale

Fixed-price sales are gameable: bots front-run the public block, fill the cap, and re-sell at market price. Curve-priced launches don't have a cap — the price rises with demand. The first buyer doesn't get an artificially low price; the millionth buyer doesn't get locked out. It's the least adversarial primitive for a public launch.

The trade-off is that early buyers see lower prices than later buyers, which sounds like an advantage but isn't. The price discovery moves fast; a curve-priced launch finds a market-clearing price within minutes, and after that everyone trades against the same liquidity. The "got in early" window is shorter than people expect.

No presale. No allocations. No allowlist.

Saying it once for the record: there is no presale round, no seed round, no strategic round, no validator round, no insider round, no allowlist, no waitlist that grants preferential access. The launch list at valdium.xyz/launch-list is a notification list. It does not grant special prices. It does not grant priority. It tells you the launch block in advance and reminds you on the day. That's the whole feature.

If a third party tells you they have private VLD allocations or insider access to a special round, they are either confused or trying to scam you. The mint address on Ethereum is published and the fair-launch pool is live — there were never any private allocations, and there are none now. Every wallet enters the same Uniswap pool on the same terms.

The schedule

One week before launch:

Day of launch:

The launch contract

The launch is a single Ethereum transaction with standard primitives: ERC-20 token mint (1B supply, 18 decimals), Uniswap V3 pool seeded with 10% (100M VLD + ETH), LP tokens burned to an unspendable address, no mint function, ownership renounced. The team holds zero VLD on either side of this transaction. The 10% locked floor + 90% open float is the entire pre-launch supply state — no further team actions are possible because no team keys retain power over the mint.

Specifically the LP NFT goes into a vesting contract that releases 0% in year 1, 25% in year 2, 50% in year 3, 75% in year 4, 100% in year 5. Even after release, the LP can only be moved by an on-chain governance vote — the team has no private path to it.

What happens to ETH the pool collects

Stays in the Uniswap V3 pool as locked liquidity. The team does not receive ETH from the locked side — the ETH seeded at launch is paired with the locked VLD, and the LP tokens for that position are burned. The pool functions as a permanent two-sided market: anyone can buy VLD with ETH or sell VLD for ETH at the prevailing AMM price, forever, with liquidity provided by the locked floor plus whatever the market adds on top.

This is structurally different from a "raise" — there is no fundraising event; nobody is selling tokens for a treasury. The launch creates a market, not a budget.

After launch

Within ~10 minutes of the launch block, the VLD token exists, has a market price, and is tradeable on Uniswap by anyone with a EVM wallet (MetaMask, Rabby, Coinbase Wallet). Within ~30 minutes, every major aggregator (Jupiter, Birdeye, DexScreener) has indexed it. Within a few hours, the mainnet chain itself bootstraps — validators activate their bonds and start producing blocks. The Ethereum-side token is the entry point; the Valdium-side chain is the destination, bridged in by the canonical bridge contract that ships with the mainnet release.

Risks to think about before buying

The launch contract minimises the obvious risks (no team rug, no allocation overhang, no presale dump). It does not eliminate market risk: