BID Summer is just getting started
First Curated Launch: Post-Mortem
We have been running a full analysis of what went right on the first V2 launch and how we can improve the next ones.
Overall, we can proudly say that the first launch was a success:
-> The voting system worked exactly as intended.
-> Pre-sale allocation and the AgentAlgo first-snipe feature ran smoothly.
-> Over 1100% overallocation (a clear proof of strong demand).
-> No issues with the website at TGE or with the tokens claiming process (pre-sale + snipe).
-> AgentAlgo successfully hit the first DEX buy without being front-run.
-> Sale and snipe allocations respected all BID Level mechanics.
-> 100% of participants in both pre-sale and AgentAlgo snipes are still in profit.
-> Bidders base grew significantly and BID demand spiked as a result.
That said, there’s always room to improve. Based on community feedback and our internal review, we’re already making a few key adjustments:
1) The total Algo Snipe amount won’t be fixed moving forward, it will be tailored to each team’s launch. This gives us the flexibility to adapt, learn from different scenarios, and fine-tune the snipe dynamics as we go.
2) We identified users moving staked KAITO to fresh wallets to duplicate BID Levels. As a result and after discussing with the Kaito team, sKaito boost on the BID Level will be suspended for the time being. Kaito will still remain a core infra provider to our system, as your Social Score will still remain as a fundamental pillar to grow your Bid Level. We’re working closely with the Kaito team on solutions that strengthen our integration and align both ecosystems more deeply. gKAITO.
3) Despite existing jeet penalties, we still saw high levels of sell pressure on T0. We're working on stronger mechanics to encourage longer holding and support better post-launch performance.
4) You also gave us clear feedback that a 48-hour voting window was too long. We agree. From now on, voting windows will last 24 hours only.
Overall, we're very happy with how the first launch went and confident in where and how we can improve. Thank you for the feedback, the energy, and the trust.
BID Summer is just getting started and so are we!
gBID
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