# Launch ## **Stargate Protocol Launch Details** Join the Stargate protocol & launch omnichain DeFi. The launch is separated into 2 different phases: * Launch Auction - Bootstrapping an STG-USDC pool on Ethereum * Bonding - Building protocol owned liquidity with Stargate ### **Phase 1: Launch Auction** #### **Swap USDC for STG to create STG-USDC DEX liquidity.** How it works: * The launch auction will remain open for 48 hrs or until 25M USDC is added to the launch auction contract, whichever occurs first. * 10% of the STG token supply will be auctioned and are locked for 1-year and unlock linearly over 6 months thereafter. * This liquidity plus an additional 5% of the STG supply will bootstrap the STG-USDC Curve pair and will be protocol owned. * Because their STG is locked, contributors will receive aSTG, which represents their ownership share of the 10% STG token. Here's how contributors can calculate their share of the auction: * (Contributor aSTG balance / Total aSTG balance) \* 100M STG = contributor STG balance * While their STG is locked, contributors will also receive veSTG (voting escrow STG). Learn more on Stargate governance. * Once the launch auction closes: * The STG-USDC Curve pair will go live. * The bonding phase will begin. ### **Phase 2: Bonding** **Add stablecoin to Stargate bonding curves and receive STG tokens while building Stargate’s protocol owned liquidity.** How it works: * 15.95% of the STG supply will go towards 12 STG bonding curves. * The initial bonding price will be the opening STG price on the STG-USDC Curve pool. * The bonding price will increase linearly as contributors purchase STG tokens on individual chains. * Unlike the Auction, contributors will receive their STG tokens immediately. * Bonding curves will stay open for 72 hours or until STG reaches 3x the opening bonding price, whichever occurs first. * Token allocations across all chains are: * Ethereum - 40M STG * BNB - 22M STG * Avalanche - 27M STG * Polygon - 27M STG * Fantom - 22.5M STG * Arbitrum - 13M STG * Optimism - 8M STG --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://stargateprotocol.gitbook.io/stargate/user-docs/tokenomics/launch.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.