RSS3 Will Start TLA on Copper at 14:00 UTC on February 12
TokenInsight news, RSS3 will start TLA (Token LBP Auction) on copper at 14:00 UTC on February 12. This TLA will adopt the BLBP (Balancer Liquidity Bootstrapping Pool) mechanism. The starting price is $0.6, and the initial weight will be set to 95:5 ($RSS3 / $USDC). As the duration of TLA gradually decreases to the final weight of 50:50 (when the purchase demand continues to generate, the price of $RSS3 will increase accordingly, and when the demand is 0, the price will decrease). This TLA will end at 22:00 on February 15.