IBRL

Gavel is a sophisticated platform built on the Solana blockchain that focuses on on-chain token distribution and liquidity bootstrapping. It is designed to bring transparency, fairness, and efficiency to token launches by addressing some of the critical challenges that are prevalent in decentralized capital markets. These challenges include sniping attacks by bots, maximum extractable value (MEV) exploitation, and liquidity management inefficiencies, making token distributions on Gavel a significant departure from conventional, often centralized, models. Leveraging Solana’s high throughput infrastructure, Gavel supports a range of public issuance methods, such as Dutch auctions and fixed-price sales, which are customizable to meet individual project needs. The platform utilizes a cutting-edge Automated Market Maker (AMM) model and automated, on-chain processes to protect against front-running and sandwich attacks, which are common in the DeFi ecosystem. By employing smart contracts, the Gavel platform ensures autonomy and transparency, as none of the tokens or funds raised are retained by the team. This strategic design not only encourages fair distribution but also includes mechanisms like an exponential decay schedule to repurchase and burn tokens gradually, thus managing liquidity in a dynamic way. Gavel charges a minimal transaction fee within AMM interactions while offering fee-free service during initial distributions, which enhances cost efficiency and appeal to launching projects. Despite this, the platform remains highly focused on equitability, making use of proportionate allocations to ensure participants receive a fair share of the distributed tokens without the risk of exploitative trading behaviors. Consequently, Gavel seeks to democratize access to token offerings and provide a streamlined, on-chain alternative to traditional token launch models, fostering a more robust and trustable market dynamic.