1 min readJan 7, 2022

JFSWAP autonomously initiates “IDO” rules

1.Everyone can “initiate IDO” in JFSWAP. The platform does not make any audit or guarantee;

2.Anyone can participate in IDO in JFSWAP through list display (view project details) or searching for the contract address and token name;

3.If the fund raising fails (the target value is not reached after the timeout), the user’s funds will be returned in the same way. If it succeeds, the raised funds will be automatically used to add liquidity in JFSWAP and the LP will be automatically locked according to the setup. Lock time is set by the initiator, including 3 months, 9 months, 1 year, 2 years, 3 years and permanence. After the LP lock expires, the initiator can allocate it freely;

4.The locked token obtained by participating in IDO can be set freely. The unlocking period can be set freely by the initiator. It will be released linearly or completely by percentage every day.