Liquidity Bootstrapping Pool (LBP)
DeFi · Deep
A token launch mechanism that uses a time-weighted shifting price curve to enable fair price discovery. The pool starts with a high weight for the project token (e.g., 95/5 project/USDC) and gradually shifts toward equal weights over a set period, creating natural downward price pressure that discourages front-running and whale accumulation. On Solana, Meteora DLMM Alpha Vaults and Jupiter LFG use LBP-inspired mechanics to distribute tokens with better participation from smaller buyers compared to fixed-price or pure bonding-curve launches.