Launching a log

Any project can have a log for its token. The project brings its own token; Chop may provide $CHOP to pair it with.

What the pool needs#

Wrapping needs only the project's token. The pool needs both the log token and $CHOP, in equal value.

Setting the starting price#

Projects launch through a private link from the team. The project creates and seeds the log itself, and its wallet pays the gas. The log appears on Chop once the team verifies its settings. Once a log has liquidity, anyone can farm it in the app.

The first liquidity added sets the starting price. A new pool is seeded with a small amount first, checked against market prices, then topped up.

Seeded liquidity#

Seeded positions are staked and earn farmer rewards like any other. The lock terms will be confirmed before launch.

To fill before launch: lock length and $CHOP grant terms.

Logs paired with USDG and other assets are on the roadmap. Launch logs pair with $CHOP.