Long: Reinventing Token Launches Through Fair Auction Mechanisms
What is Long?
Long.xyz is a decentralized, permissionless token launchpad designed to help projects raise capital directly from anyone—without intermediaries or gatekeepers. Emphasizing long-term value and fair distribution, it uses innovative auction mechanisms to eliminate hype-driven speculation and bot-driven manipulation.
Key Features
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Dutch-style descending price auctions: Token sales begin at a high price and gradually decrease until buyers enter the market.
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Time-supply sync rule: Tokens must be sold proportionally to the time elapsed (e.g., if 10% of the auction time has passed, at least 10% of tokens must be sold).
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Bonding curve-based price adjustment: Once the floor price is reached, the system dynamically adjusts the price based on market demand.
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Anti-bot, fair access: Mechanisms are designed to prevent front-running, ensuring equal participation for all users.
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Automatic DEX liquidity injection: After the auction, liquidity is automatically added to decentralized exchanges such as Uniswap.
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Team token vesting: Project teams can lock their token allocations to align with long-term development goals.
How It Works
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Dutch auction mechanics: Prevents price gouging by allowing market participants to determine a fair entry price over time.
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Mathematically enforced fairness: The time-supply ratio eliminates early buyer advantages, reducing bot exploitation.
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Dynamic bonding curve pricing: Adjusts price responsively in real-time to ensure equilibrium and reduce pump-and-dump behavior.
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Smart contract automation: All logic—including auctions, liquidity provision, and vesting—is handled via on-chain smart contracts.
Project Links
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Official Website: https://long.xyz
Application Scenarios
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Fair token launches: Perfect for projects that want a community-first, anti-whale approach to distribution.
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Community-driven fundraising: Ensures that early contributors and builders are aligned for the long term.
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Anti-manipulation design: Built-in protections drastically reduce the risk of bots and front-running attacks.
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Sustainable tokenomics: Vesting and bonding curves help promote healthy token growth and project credibility.
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Instant DeFi integration: Auctions conclude with automated liquidity creation, enabling immediate on-chain trading.