> For the complete documentation index, see [llms.txt](https://docs.parifi.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.parifi.org/tokenomics/prf-launch-plan.md).

# PRF Launch Plan

The launch of PRF will unfold in several key phases, each designed to engage users and enhance the platform's functionality. Below are the detailed phases of the PRF launch and how you can participate and benefit:

* [<mark style="color:orange;">Phase 1: FJORD Foundry Liquidity Bootstrapping Pool (LBP)</mark>](#phase-1-fjord-foundry-liquidity-bootstrapping-pool-lbp)
* [<mark style="color:orange;">Phase 2:</mark> ](#phase-2-usdhmx-token-generation-event)[<mark style="color:orange;">Post-LBP Engagement and Staking</mark>](#phase-2-post-lbp-engagement-and-staking)
* [<mark style="color:orange;">Phase 3:</mark> ](#phase-3-hlp-surge)[<mark style="color:orange;">Full-scale Launch and Liquidity Incentive Program</mark>](#phase-3-full-scale-launch-and-liquidity-incentive-program)

### Phase 1: FJORD Foundry Liquidity Bootstrapping Pool (LBP)

* **Description**: Initiation of PRF distribution through a Liquidity Bootstrapping Pool on the Ethereum mainnet.
* **LBP Details**:
  * **Total Token Supply**: 1 Billion PRF tokens.
  * **LBP Allocation**: 5% of the total supply.
  * **Initial Price for LBP**: $0.015\*
  * **Swap Fee**: 2%.
  * **Dates**: January 23rd, 2024 — January 26th, 2024

### Phase 2: Post-LBP Engagement and Staking

* **Objective**: Expand user engagement with the Parifi ecosystem post-LBP.
* **Activities**: Claim and stake PRF tokens in the 80/20 Balancer pool after the LBP.
* **Rewards**: Additional vested PRF rewards and a share of the protocol revenue in ETH.
* **Dates**: March 26th, 2024 — April 10th, 2024

### Phase 3: Full-scale Launch and Liquidity Incentive Program

* **Overview**: All incentive programs begin, aiming to increase market liquidity.
* **Goal**: Enhance liquidity for PRF, ETH, and USDC LP pools post-TGE.
* **Rewards**: Vested PRF incentives based on contribution and duration.
* **Mechanics**: Linear release of vested PRF tokens over 12 months.
* **Dates**: April 10th, 2024 — June 26th, 2024

#### Staking Incentives for PRF/WETH 80/20 Pool

| Assumption                          | Values        |
| ----------------------------------- | ------------- |
| Total PRF Tokens allocated per year | 5,000,000     |
| % of Total Supply                   | 0.50%         |
| Monthly allocation                  | 416,667       |
| PRF Price                           | $0.03\*       |
| Total Value of rewards per year     | $150,000.00   |
| PRF Balancer Pool TVL               | $1,000,000.00 |
| APR %                               | 15.00%        |

Note: The values above are approximate and subject to change.

#### PRF Vault Incentives

| Assumption                          | Values        |
| ----------------------------------- | ------------- |
| Total PRF Tokens allocated per year | 10,000,000    |
| % of Total Supply                   | 1.00%         |
| Monthly allocation                  | 833,333       |
| PRF Price                           | $0.03\*       |
| Total Value of rewards per year     | $300,000.00   |
| Vault TVL                           | $1,000,000.00 |
| APR %                               | 30.00%        |

Note: The values above are approximate and subject to change.


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