LA Eternal Oversubscribe Launchpool

LA Eternal Oversubscribe Launchpool marks the first phase of the LA.Exchange roadmap. It introduces the platform’s core innovation: the Eternal Oversubscribe Mechanism — a continuously operating fundraising model designed for fair, transparent, and sustainable token distribution.

🔸 What is the Eternal Oversubscribe Mechanism?

Traditional token sales are often limited by fixed fundraising windows and capped allocations, favoring speed and early access. In contrast, Eternal Oversubscribe (also referred to as Oversubscription 2.0) enables:

Feature	Traditional Oversubscribe	Eternal Oversubscribe ($LA)
Subscription Period	Fixed window or capped raise	Continuous; daily renewed oversubscription cycle
Quota	Fixed, predetermined allocation	5% of remaining tokens released daily (fixed rate)
Distribution Timing	After fundraising ends	Tokens distributed every second; instantly claimable
Post-trade	Freely tradable on DEX	Can be sold on LA.Exchange; purchase only via oversubscription

This mechanism removes the “first-come, first-serve” barrier, ensuring everyone can participate fairly based on contribution proportion. It enables a continuous and fair token distribution model, where users can deposit funds at any time and receive $LA in real time based on their proportional share of the pool. The $LA Launchpool combines two key components: the Eternal Oversubscription Pool and the AMM Swap, forming a transparent and automated loop for ongoing token issuance and allocation.

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🔸 How $LA Launchpool Works

The $LA Launchpool is the foundation of LA.Exchange’s fundraising mechanism, enabling continuous, on-chain token distribution powered by smart contracts. It consists of two core layers: Eternal Oversubscription Pool and AMM Swap.

Eternal Oversubscription Pool (Funding Layer)

This is where users deposit assets to participate in the oversubscription process.

• Multi-asset deposits: Users can deposit ETH, USDT, USDC, and USDX.

• Oracle-based conversion: Non-ETH assets are automatically converted to ETH based on real-time exchange rates provided by Chainlink oracles, ensuring fair and accurate pricing before purchasing $LA. These oracles are also used to calculate each user’s share of the total pool in mixed-asset deposits, enabling precise and transparent token allocation.

• Smart contract-driven: All deposits, conversions, and token releases are managed transparently through audited smart contracts.

AMM Swap (Liquidity Layer)

• The ETH accumulated in the Eternal Oversubscription Pool is used to purchase $LA from the AMM Swap at fixed intervals.

Real-time $LA Distribution and Token Claiming

• Proportional allocation: Each time purchase is made, $LA is distributed based on each user’s share of the total pool at that moment.

• Continuous claiming: LA tokens are distributed continuously and can be claimed anytime via the UI