# kaal:claim:4015908-029

**Claim.** Technology platforms can make launch abuses less likely by mandating fair auctions in which tokens are released only in tranches, offering a limited number of tokens for a limited number of days, which makes rug pulls overall less likely.

**Type.** design  **Support.** argued

**Holds when.**

- fair launch platform mandates auction format with tranche release

**Source quote.**

> During such fair auctions, the tokens that are listed on the fair launch platforms may only be released in tranches, which makes rug pulls overall less likely. Such token tranche listings may offer a limited number of tokens for a limited number of days.

**From.** Wulf A. Kaal, *Fair Token Launch* (2022), IV. Fair Launch Protocols, page 14

**Cite as.** Wulf A. Kaal, Fair Token Launch (2022). SSRN: https://ssrn.com/abstract=4015908

**Verify.** sha256 of source PDF `e0925afde0c42a16cd5310983789fae3eb3d1f121e2954a72afa64191d00fe37` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202022%20-%20Fair%20Token%20Launch.pdf

**Topics.** smart-contracts

**Keywords.** auction, tranches, rug-pull, smart-contracts, fair-launch

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