# TruePNL ## Our mission TruePNL provides users with **high-end,** yet **not overloaded financial products** aimed to deliver **transparency and convenience** in terms of crypto investing & trading. TruePNL Launchpad aims to build a bridge between the **outstanding ideas** struggling with fundraising, and **investors, looking for opportunities to become a part of the up-and-coming projects by participating in the clear and reliable token sale process.** # TruePNL Launchpad Blockchain startups that have already come up with a working product or a solid concept are mostly interested in three things: **funding, forming the community, and running promotional campaigns.** Imagine a place where blockchain projects can attract holders, receive investments, or find partners starting from zero. TruePNL proudly announces the launch of the native launchpad platform to make it all come true. TruePNL introduces a platform to connect hand-picked, groundbreaking blockchain projects and crypto investors, delivering a convenient, transparent, and secure mechanism for raising capital, investing and distributing tokens. \ \ The platform allows cryptocurrency projects to raise funds by creating token exchange pools and launching public or private sales rounds using smart contracts on the Ethereum and Binance Smart Chain networks. The core of the Platform is a **system of pools ruled by smart contracts.** [There are pools](/product/launchpad/pools-introduction) of various blockchain projects, with conditions for participation slightly different from one to another. But the main rule remains the same: a pool accumulates assets of users giving access to the allocation of the newly issued tokens.
### 100% Safe and Robust The platform follows all security standards, making it 100% robust and safe. We never ask for paying in advance and guarantee that no hidden fees or costs will ever be applied. All the users of the platform confirm their identity with a KYC procedure. ### Fair Distribution model Our team has created TruePNL pools in order to maximally and fairly distribute the allocation between real users and exclude the participation of bots and multi-accounts. Any user has a high chance to get a guaranteed allocation in tokensales of TruePNL Launchpad. #### [**Join now**](http://launchpad.truepnl.com/) **and invest in early-stage tokens today. Tomorrow they might go to the moon!** #### **Want to submit your project for an IDO?** [**Apply here**](https://4pkt3csactr.typeform.com/to/w65NVX5L)**.**
# Disclaimer In relations between projects and token buyers, a launchpad platform serves as a facilitator, providing the infrastructure and resources for both parties. TruePNL Launchpad is designed as a convenient and secure application for users to participate in sales of the selected projects, however, TruePNL does not encourage or incite any user for any financial decisions. All users shall rely on their own examination and investigation of the projects. **Risk reminder** The crypto market is highly volatile and may carry unpredictable and unmeasurable losses for users, no mediators, service providers, or individuals are able to predict or guarantee any future profits or losses of funds. A user should not buy tokens unless they are prepared to sustain a total loss of the money they have invested. Every user should always determine their financial decisions by themselves, realizing the risks of their actions. **We strongly advise all our users to DYOR before making any investment decisions.** # TruePNL sales guidelines There are currently 3 options for getting an allocation on the TruePNL Launchpad: PNLg Pool, Lottery Pool, and Vested pool. ### **The Key Points** ### **Public sales** For every Public Sale on the TruePNL Launchpad two pools are created: [The PNLg Pool](/product/launchpad/pools-introduction/pnlg-pool) and [the Lottery Pool](/product/launchpad/pools-introduction/stake-adjusted-lottery-pool). Both pools can be joined by joining the Whitelist, which opens before the actual Public Sale takes place. Users can join the project's Whitelist by contributing a certain amount of PNLg points. The Lottery pool is available for all KYC verified users. * **PNLg Pool** allows users to participate by spending the PNLg points they've earned by staking, or collected by holding or providing liquidity for $PNL token; * To take part in a public sale [using PNLg points](/project/pnlg-points), a user needs to put a certain amount of PNLg points into the PNLg Pool; * Participants will get their **guaranteed token allocations,** which is calculated according to the proportion of their investment of PNLg points in the Pool; * **The Lottery Pool** is available for all registered and KYC verified users. The Lottery winners selection is based on random; * **The Whitelist winners** list is usually calculated and announced 24 hours prior to the launch date; * On the day of launch, the Whitelisted users have limited time to obtain their guaranteed allocations in the “My portfolio” section of the Launchpad. **FCFS Rounds in Public Sales** * If any allocation is left after the sale for Whitelisted users, FCFS (First Come First Served) round opens; * To join the FCFS round, a user needs to be KYC verified and eligible to join the sale; * Only a fixed amount of allocation is available in the FCFS Round, and users can purchase the exact amount of tokens, no more and no less; * The conditions of each FCFS round vary and are subject to change. ### **Vested Sales** For Vested Sales, only the [Vested pool](/product/launchpad/pools-introduction/vested-pool) is available. Users don't need to join the Whitelist to buy the tokens from the Vested Pool. * The Vested Pool is available for entrance for users, who owns a sufficient amount of PNLg points earned by staking, holding, or providing liquidity for $PNL in the PancakeSwap or UniSwap liquidity pools; * Vested sales are FCFS (First Come First Serve) based, every eligible user can take part in the Vested Sale and get an amount of allocation between the minimum and maximum, established for a particular sale; * To join the Vested Sale of the project, a user needs to spend the amount of PNLg points, according to the amount of allocation they wish to get; * For every Vested Sale, a **certain value of PNLg points per $1 of allocation is determined.** Users can find the rules of participation in the Sale guide or calculate the amount of PNLg points they need to spend on the project's page on the TruePNL Launchpad. ***There is a minimum and maximum investment established for every Public or Vested sale, the information for each project is available in the project’s card on the TruePNL Launchpad.*** ### **Token claiming and vesting** * After the sale is concluded, and all the investors' data is checked and verified, token claiming is organized; * The claiming usually becomes available as soon as the token in question is listed on an exchange, or in the timeframe specified by the TGE project; * Token claiming can take place either on the side of the project or on the TruePNL dashboard; * A particular method of claiming is announced beforehand in both official TruePNL and project's social channels; * In case a vesting scheme is applied, users are able to claim their tokens in accordance with the vesting schedule; * **The vesting conditions for the Public and Vested sale of the project may be different.** The Vested sale usually follows the vesting scheme of the project's private round. Thus, if the user invests in both Vested and Public sales, the token unlock will follow each round's token release schedule. **NOTE: For all users, a KYC verification is required to join any sale on the TruePNL Launchpad.** # Pools introduction **We’ve analyzed today’s practices of IDOs and Launchpad Launches and found weak points, which negatively affect all participants and projects:** * **Complicated conditions for obtaining the allocation.** Investors are disappointed if they don’t get allocation while doing lots of tasks and investing money into launchpad tokens. * **Sniper bots.** Without a competent protection mechanism, tokens are instantly sold out by bots, so the real investors are forced to buy tokens at inflated prices. Only people behind the bots benefit from this, but they quickly withdraw the funds from the market as they are not interested in the further support of the project. * **Centralization of token distribution.** A public sale hosted on a centralized platform such as an IEO lacks transparency since only organizers control the allocation process, and actual lists of participants are never being verified on the blockchain. * **Whales** are allowed to obtain the biggest piece of the pie in the Public sale. This way the whales take the allocation of ordinary investors, which leads to large volumes being accumulated in the hands of the few who then manipulate the market price. **To solve these issues, we have created The TruePNL Pools.** Pools are blockchain smart contracts that guarantee the investors transparent and secure project token allocation. An allocation is an opportunity to buy project tokens at a fixed price in a certain amount. Allocation is usually tied to a specific address of the blockchain network - Ethereum/Binance Smart Chain/Polkadot/etc. **The conditions for obtaining the tokens, the price, and other technical aspects differ from project to project, but there are three general types of pools on the TruePNL platform:** * [PNLg Pool](/product/launchpad/pools-introduction/pnlg-pool) * [Lottery Pool](/product/launchpad/pools-introduction/stake-adjusted-lottery-pool) * [Vested Pool](/product/launchpad/pools-introduction/vested-pool) **For each type of pool, we’ve built a simple and fair token distribution mechanism, working for both Public and Vested sales.** # PNLg Pool **PNLg pool lets an investor get a guaranteed allocation which depends on his contribution to the TruePNL ecosystem.** The pool is built on the basis of the [off-chain PNLg point,](/project/pnlg-points) showing the value of every user’s contributions. The users can participate in PNLg pools if they collect PNLg points by: * Staking PNL tokens; * Holding PNL tokens; * Provides $PNL liquidity on PancakeSwap or Uniswap liquidity pools; * Inviting the referrals. PNLg points can be earned by users if they [stake $PNL](https://app.gitbook.com/o/-MjnIrSV7n665hatk8XL/s/-MX701pmmsr72AtwQ4Fh/c/DXz36VBtK8ZnD9o7gbuI/project/usdpnl-staking) for a period from 3 to 24 months. Holders earn **1 PNLg point per day** for each $PNL they hold in their wallets. For each PNL in the liquidity pool for any trading pair, the user receives **2.5 PNLg tokens per day.** Each referral brings the referrer **20% of all the PNLg tokens the referral earned.** Any amount of the accumulated PNLg points can be invested in any PNLg pool for a project which is currently in a Whitelist period. All users who have invested PNLg tokens in the pool are ranked by the number of PNLg tokens. The number of users receiving an allocation is determined in accordance with the agreement with the particular project. *If the user's share is more than 0,25% of the sum of all PNLg points invested in the pool, the user receives guaranteed allocation equal to his share, but not more than 5%. The remaining allocation will be distributed among the rest of the PNLg points contributors.* #### IMPORTANT: The minimum and maximum pool shares are subject to change. We usually announce the min/max pool shares for each project before the whitelist start. *This rule is introduced in order to maintain interest from both large and small market players. **The participants who have not received an allocation will get their PNLg points back to their accounts.*** ### Here is the exact formula: Participants who haven't reached the minimum share threshold (0.25% for the recent projects) are being excluded from the distribution. Their PNLg deposited are being refunded. ***N*** participants who managed to pass the threshold can take part in the distribution process. All users have ***An*** ***PNLg points*** deposited to the pool with the sum of all the tokens in the pool indicated as ***P.*** The share for each ***(Sn)*** user is calculated by the formula ***Sn = An / P.*** There is also the maximum share threshold (5% for the recent project). All shares of ***Sn> 5% (the maximum threshold)*** are taken as 5*%.* The remaining shares are indicated as ***Dn,*** where ***Dn = Sn–*****5*****%.*** These shares are summed up and the sum is indicated as ***R.*** This remainder ***(R)*** is distributed among all the participants whose share ***(Sn)*** is less than 5%.\ If a participant has deposited more PNLg and got bigger share than the maximum, **the excess PNLg will be burnе, no PNLg will be refunded.**
# Lottery Pool The Lottery pool is available for all users of the TruePNL Ecosystem, irrespective of their contribution to it. Every Launchpad user can enter a Lottery Pool. After the Whitelist period ends, we randomly distribute allocations among all the participants. **Getting allocation is not guaranteed. The amount of allocation is defined between the minimum and the maximum allocation established for the particular project.** The number of the Lottery pool winners varies from project to project. The amount of allocation also depends on the project and can constitute the amount from 0.05% to 5% of the total Lottery pool. ![](/files/-MlJudjGnXge0KsJ-r0-) After the Whitelist period ends, we publish the list of Lottery Pool winners in our social channels, and those users who won an allocation can buy it out during the Public Sale of the project on TruePNL. # Vested Pool Vested pool is open for all KYC verified users and requires investing with PNLg points Vested sales are private presales: TruePNL redeems an allocation of the project’s tokens and allows the community to buy them. **The Vested pool works on a first-come, first-served basis and grants the opportunity of getting an allocation by utilizing PNLg points, earned by the following actions:** * [**Staking PNL tokens**](https://app.gitbook.com/o/-MjnIrSV7n665hatk8XL/s/-MX701pmmsr72AtwQ4Fh/c/DXz36VBtK8ZnD9o7gbuI/project/usdpnl-staking)**: by staking, users are able to get substantial amounts of PNLg points** * **Holding PNL token** * **Providing liquidity for $PNL on PancakeSwap or Uniswap liquidity pools** For every Vested Sale, **we estimate the amount of PNLg points worth $1 of the allocation.** The amount of PNLg varies from sale to sale and depends on the project's popularity, demand, and current market conditions. Vested Sale can be performed in multiple rounds: **Round 1 is held according to the initial calculation; for Round 2 and further, the PNLg equivalent for $1 may be increased, or decreased.** If the value decreases, the users, who invested at the higher rate will be reimbursed the difference in PNLg points. In the case of an increase in the value, users, who have not invested at the previous rate, need a greater amount of PNLg to buy an allocation. No extra PNLg points will be taken from the users who bought an allocation at a decreased rate in the previous round. **To invest in the Vested pool, a user can calculate the amount of PNLg points by entering the amount of USDT they want to invest in the in-built calculator on the project's page.** For private sales, to the price of the token, established in the project’s documentation, a markup is added. The reason is that Vested Sales are exclusive opportunities to join the projects at the pre-sale stage, and by adding a cover charge TruePNL contributes to the project's development and covers its own expenses for deployment, fundraising, and token distribution. # Launchpad features The key benefits for projects provided by the TruePNL Launchpad :thumbsup:Creation of a comprehensive summary of the IDO campaign profile page :speaking\_head:**Advisory and marketing support** for selected projects in order to get help getting in front of the investors :gem:Access to a network of 20000+ active investors and 120+ influencers :loud\_sound:PR support 🕵🏼‍♀️Advanced standards for initial screening and due diligence of projects reduce the risks for investors :muscle:The flexibility of the platform opens an array of opportunities for projects to plan and promote IDO campaigns :handshake:By actively contributing to the marketing of its TGE, a project increases its success rates and drives more private investors directly to the platform #### ***Get ready for tomorrow with the TruePNL Launchpad!*** #### **Looking for a launchpad for your project? To apply for a Private Vested sale or an IDO, please follow** [**this link.**](https://truepnl.typeform.com/to/w65NVX5L?typeform-source=4pkt3csactr.typeform.com) # Token utility $PNL is designed as a native token of the TruePNL platform. ## Utility benefits ### Off-chain: #### Payment unit $PNL can be used as means of payment in the collateral commission pool and allow users to receive significant discounts. All paid tokens are being burned. PNL can also be used to participate in Public Sales on TruePNL Launchpad. ### **Staking** **Features of Staking of $PNL tokens:** * [PNLg rewards for $PNL stakers](/project/pnlg-points) * APY rewards in PNL tokens * Fee reduction for using the [TruePNL products](/product/launchpad). TruePNL prime subscription (free access to the basic products). * Lending and farming of $PNL tokens with the opportunity to redeem the staked funds at any moment – **coming soon.** ### On-chain: The TruePNL protocol is going to be built on Web 3.0 utilizing the Polkadot substrate. $PNL token is planned to be used in: * Fee reduction for DeFi products utilizing the TruePNL protocol * Liquidity staking in DeFi products # $PNL Staking The $PNL Staking is an off-chain feature of the PNL token. By staking $PNL, users can earn PNLg points, receive additional boosts and APY rewards [The PNL Staking](https://launchpad.truepnl.com/staking) allows users to receive substantial PNLg rewards on the spot. The PNLg points earned by staking $PNL can be used to buy allocations in any Sale hosted on the TruePNL Launchpad. Staking $PNL means locking up PNL tokens for a particular time and allows users to get rewards depending on the number of tokens they stake and the timeframe they choose. By staking PNL tokens for a certain period of time, users earn PNLg points. For extending a lock-up period of $PNL, users receive **additional PNLg boosts** and earn more PNL **APY** **(Annual Percentage Yield).** **There are 4 options for staking periods: 3, 6, 12, and 24 months.** The longer the period of lock-up is, the bigger the rewards of PNLg points and potential allocations in projects hosted on the TruePNL Launchpad. ### How to stake $PNL? * To start staking, you need to get $PNL at [PancakeSwap](https://pancakeswap.finance/swap?outputCurrency=0xb346c52874c7023df183068c39478c3b7b2515bc), [UniSwap](https://app.uniswap.org/#/swap?outputCurrency=0x9FC8f0ca1668E87294941b7f627e9C15eA06B459\&use=V2), or [Gate.io](https://www.gate.io/ru/trade/PNL_USDT?ref=5493020), choose the amount you want to stake, and select a lock-up period: from 3 to 24 months; * Log in to your account, connect your MetaMask wallet, select Binance Smart Chain network and [go to the Staking page](https://launchpad.truepnl.com/staking); * Select a staking period. Check the amount of PNLg points you will receive below; * Enter the amount of PNL you want to stake. **You can stake any amount,** starting from 1000 $PNL; * The in-built calculator will show the amount of PNLg you'll get, APY, and boost rewards; * Select an amount, a staking period, and hit Stake; * **Your PNLg points will be added to your account within the next 10 minutes. The APY rewards of 2-6% in $PNL will be added at the end of the staking period;** * The PNLg points you'll receive can be used to **participate in any Public or Vested Sale on** [**the TruePNL Launchpad**](https://launchpad.truepnl.com/app)**.** * **IMPORTANT:** the staked $PNL tokens can't be unlocked before the staking period is over. By proceeding with staking you acknowledge that you’re locking up your tokens for a specified period of time and can get them back only when the lock-up period you’ve chosen ends. #### The $PNL Staking works only on the BSC Network #### PNL tokens can be transferred from ETH to BCS Network via the Gate.io bridge. ERC20 and BEP20 $PNL are equal. #### The Liquidity Staking feature is not yet available and will be implemented soon. ### The video guide on $PNL Staking {% embed url="" %} **For detailed information on the PNL Staking, please** [**read our blog article**](https://blog.truepnl.com/the-most-anticipated-update-of-the-year-pnl-staking-is-now-live-6d8ad1fa0a1c)**.** # Allocation & Distribution ## Overview * **Token Name**: TruePNL Token * **Ticker:** $PNL * **Type:** ERC20 * **Circulation Supply on TGE:** 7,200,000 (7.2%) * **Market cap on TGE:** * **Total Supply**: 100 000 000 \ The total supply will be divided to several pools each having a specific unlock schedule and designated purpose. | Direction | Total, % | | -------------- | -------- | | Team | 18.00% | | Advisors | 5.00% | | Marketing | 16.00% | | Seed sale | 4.00% | | Private sale | 14.00% | | Strategic sale | 5.00% | | Public sale | 3.40% | | Foundation | 28.10% | | Liquidity pool | 1.50% | | Staking | 5.00% | ![$PNL Token Allocation](/files/-MYAjLK1mUUpIf-zlH7X) ### Unlock schedule ![Unlock schedule](/files/-MZnEI-pp3KcZY-99fpE) \* The horizontal scale stays for months since token generation event, the vertical scale stays for the amount of unlocked tokens. # PNLg Points By staking, holding, or providing liquidity for $PNL, users earn PNLg points, which can be used to participate in the allocation pools of their choice. ### **PNLg point is a tool to receive an allocation in projects hosted on the TruePNL Launchpad platform.** If you already have PNLg points you can spend them in a pool of your choice and participate in allocation. Any amount of PNLg points can be spent in any PNLg pool for the upcoming sales. The more PNLg points a user has, the bigger the allocation he can be entitled to. **There are several ways to get PNLg points:** ### **PNLg points for Staking** By [staking PNL tokens,](/project/usdpnl-staking) users can earn a substantial amount of PNLg points almost immediately. The amount of PNLg points depends on the amount of $PNL a user puts for staking and the timeframe of the staking period. Users can stake any amount of PNL tokens starting from **1000 $PNL, and lock up the tokens for 3, 6, 12, or 24 months.** After choosing the staking amount and the staking period, users can see the amount of PNLg points they will receive in [**the in-built calculator on the Staking page.**](https://launchpad.truepnl.com/staking) The PNLg reward will be added to the user's account during the next 10 minutes after PNL tokens are staked. The PNLg points earned by staking can be immediately used for [joining the sales on the TruePNL Launchpad.](/product/launchpad/truepnl-sales-guidelines) The [**video guide on $PNL staking**](https://youtu.be/fW7YYHYg_XY) [**Detailed information about the $PNL staking feature**](https://blog.truepnl.com/the-most-anticipated-update-of-the-year-pnl-staking-is-now-live-6d8ad1fa0a1c) ### **PNLg point rewards for holders** **For each $PNL a user holds in the wallet, he receives 1 PNLg point per day.** **In order to start collecting, you need to follow these easy steps:** * To get PNL tokens, go to [PancakeSwap](https://pancakeswap.finance/swap?outputCurrency=0xb346c52874c7023df183068c39478c3b7b2515bc), [Gate.io](https://www.gate.io/trade/PNL_USDT?ref=5493020), or [Uniswap](https://app.uniswap.org/#/swap?outputCurrency=0x9FC8f0ca1668E87294941b7f627e9C15eA06B459\&use=V2) and buy the desired amount; * Open ; * Connect your wallet; * Check the account page to make sure you see your $PNL balance. :moneybag:**The next day you’ll get as many PNLg points as the amount of $PNL tokens in your wallet. You can check your PNLg balance and today’s income in your account.** ### PNLg rewards for providing liquidity for $PNL **For each $PNL in the liquidity pool for any trading pair, the user receives 2.5 PNLg points per day.** * Open * Connect your wallet * Check the account page to make sure you see your $PNL balance * Hit the “Stake $PNL” button * You will be redirected to the PancakeSwap or UniSwap webpage where you can provide liquidity for $PNL :moneybag:**The next day you’ll get 2.5 times more PNLg points than the amount of $PNL you put in the liquidity pool the day before. You will receive PNLg points every day, as long as you provide liquidity for $PNL. You can check your PNLg balance and today’s income in your account.** ### PNLg points for referrers **Each referral brings the referrer 20% of all the PNLg tokens the referral earns.** * Open your account page * Find your referral link * Every user who connects the wallet via your referral link will bring you 20% from every PNLg point they collect. ![To utilize your earned PNLg points, select a pool on the Launchpad and use any amount of PNLg to get the desired amount of the project’s tokens. The more PNLg you put into the pool, the bigger your guaranteed allocation will be.](/files/tEIP5sDsOzzutKp2KY0f) # Project roadmap **Q1 2020: Project initiation** * Market research. **Q2 2020: Development started** * Customer development. * Documentation preparation. * Proof-of-concept robo-trading system created. * Analytical tool for crypto trading via API developed. **Q3-Q4 2020: MVP** * Robo-trading MVP launch. **Q1 2021: Kick-starting TruePNL** * Seed sale completed. * Platform and network development. * $PNL token designed. **Q2 2021: Launch** * Robo-strategy aggregation framework. * Robo-trading on Binance service release. * DEX listings. * Private and Public sales. * $PNL stacking program launch **Q3 2021: Growing the ecosystem** * Connecting FTX, Bitmex and Binance Spot to the robo-trading system. * Hackathons and portfolio management contests launch. * CEX listings. **Q4 2021: Entering DeFi space** * Impact mining implementation. * Community ETF launch. * More available exchanges for off-chain services. **Q2 2022: Polkadot integration** * Launching DeFi portfolios on Polkadot substrate.