> For the complete documentation index, see [llms.txt](https://healthbot.gitbook.io/healthpaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://healthbot.gitbook.io/healthpaper/healthcoin-usdhltc/lbp.md).

# LBP

A <mark style="color:purple;">Liquidity Bootstrapping Pool</mark> (LBP) aims to facilitate fair and transparent token launches. It operates on a high-to-low pricing mechanism, similar to a Dutch Auction, where prices start high and decrease over time.&#x20;

This mechanism is a strategic choice as it mitigates the influence of sniper bots and large investor (whale) manipulation. Participants have the opportunity to engage in community-driven price discovery, buying tokens at a price point they find equitable.

More information: \[[<mark style="color:purple;">Fjord Foundry</mark>](https://help.fjordfoundry.com/fjord-foundry-docs/welcome-info/what-is-a-liquidity-bootstrapping-pool-lbp-+-features)]

$HLT LBP: Coming soon

| Proceed of Funds:                                                              |
| ------------------------------------------------------------------------------ |
| Liquidity and Tier-1 Exchange Listing (Targeting for Bybit, OKX, Kucoin) - 50% |
| Development and team building - 30%                                            |
| Marketing and Partnership - 20%                                                |


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