A liquidity bootstrapping pool (LBP) is a mechanism for discovering a fair, market-set price for a new token - while resisting snipers and bots. JIL.ai uses one before the public sale.
Launching a token at a fixed price is a guessing game - set it too low and bots buy the whole supply in the first block; set it too high and nobody buys. A liquidity bootstrapping pool solves this by letting the market find the price over a short window, in a way that is deliberately hostile to front-runners. It is a fairer starting line.
An LBP is a special automated market maker pool with two features that ordinary pools lack:
The effect is that patient participants and aggressive bots face the same downward-drifting price, so there is little advantage to racing to the front. The price the pool settles on is a genuine, market-discovered number rather than a figure someone picked in advance.
A fixed-price launch rewards whoever can transact first - usually automated snipers with better infrastructure than a normal buyer. An LBP inverts that incentive. Starting high and drifting down means the earliest buyers pay the most, not the least, which removes the reason to snipe and gives a more honest read on price. It is one of the more level-headed ways to open price discovery.
JIL.ai runs its price discovery through an LBP before the public sale. The design:
The LBP's job is narrow but important: set a fair, market-discovered reference price ahead of the public sale. It is not the sale itself.
Sequencing matters here. The LBP before the public sale discovers price. The public sale and secondary trading on ProofDEX open on 2026-11-01, once licensing and counsel's opinion are in place - with a 30-day post-purchase hold and a 10%-per-72-hours sell cap to protect the market. Before 2026-11-01 there is no listing and no trading. No regulatory approval is claimed or held for JIL.ai; nothing here is investment advice. See the full sequence on the roadmap.
