As we want to build up a strong ecosystem of projects, we don't list every interested project on Poodl Exchange. Instead, we vet every project.
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Established projects are those which are already live and have been for some period of time. They've stood the test of time and have already gone through audits and other validations of credibility.
In order to list your already-launched token on Poodl Exchange, next to the listing-fee, your project must meet all of the following criteria:
Doxed developers or private KYC: This applies to the developers in your core team, usually the founders. You don't need to dox or KYC every member of your team. Note that this requirement does not apply to DAOs.
Maximum 10% of supply held by the development team: We want to make sure that the developers have an appropriately-sized stake in the project. Note that this does not apply to tokens held by the project, but only to the tokens held in personal wallets by the development team.
Project brings innovation in the field: Projects should be valued based on their utility. For example, we do not accept meme coins that have no use case. Apart from having a use case, projects should not be exact copies of existing projects.
Contract verified on BscScan: For security purposes, your contract must be verified on BscScan. You should also be prepared to provide an audit of your token contract.
Have a website: Of course, we don't want any projects that have essentially been abandoned. You should have a website that provides further information on your project and details about your token's utility. We will highlight your website on the swap page as well.
New projects are those which are looking to launch on Poodl Exchange, or which have recently launched. Since you're new to the blockchain, you'll need to fulfill additional requirements to ensure that your project is truly safe.
In order to launch your new token on Poodl Exchange, next to the listing-fee, your project must meet all of the following criteria:
Doxed developers or private KYC: This applies to the developers in your core team, usually the founders. You don't need to dox or KYC every member of your team. Note that this requirement does not apply to DAOs.
Project brings innovation in the field: Projects should be valued based on their utility. For example, we do not accept meme coins that have no use case. Apart from having a use case, projects should not be exact copies of existing projects.
Project can demonstrate its innovation in a whitepaper: You will be asked to submit a whitepaper detailing your project specifics, what makes your project different, and the value that your project will bring to the Web3 space.
Minimum of 70% locked liquidity: For security reasons, we require that you lock at least 70% of your liquidity at launch. This can be done for free using the liquidity locker on Poodl Exchange.
Anti-whale practices: New projects should consider how they can help to prevent whales from dominating their token and implement some initiatives which make sense for their project.
Multi-signature wallets: To minimize the risk of your wallets being hacked, a team member going rogue, or other manipulation of the project and its holdings, we require new projects to use multi-signature wallets for all of their project wallets.
Website live at time of launch: You should have a website that provides further information on your project and details about your token's utility. We will highlight your website on the swap page as well.
Safety vetting: To ensure that there is nothing malicious in your contract, we require a security audit with a reputable firm. Furthermore, we'll also want to learn more about your core team / founders to ensure that there are no bad actors involved. This will be done through an intro call. Not doxed? Don't worryβPoodl isn't doxing anyone who isn't ready to dox.