Doubloon Token

Galleon is a Set Protocol ecosystem project founded by Andrew from Set. With his experience working and collaborating with Set since the first version iteration of the protocol, two key opportunities have been identified in the sea of on-chain structured products — an ecosystem poised for exponential growth in 2022 and beyond. At present, the infrastructure laid down by Set enables scaled, fully composable, 100% collateralised structured products to be built. However, there has been a distinct lack of reliable strategy creators and implementers that are comfortable developing and managing index products in light of regulatory uncertainty, liquidity and funding. Our goal at Galleon is to research, curate and nurture a pipeline of products with the aim to be developed and deployed alongside Set ecosystem partners (e.g. Index Cooperative) whilst also having the advantage of a methodologist token to bootstrap growth and liquidity via incentives. In addition to launching structured products, Galleon seeks to create a DAO owned distribution platform tapping into the growth loops specific to Set tokens (issuance flows). The Pirate’s Treasure — $DBL DOUBLOON (DBL) will be launched on Arbitrum via a Liquidity Bootstrapping Event (LBE) on Thursday 17th February. DBL holders will have control by participating in voting on off-chain proposals that impact governance within the Galleon product ecosystem. However, unlike commonly used governance voting models that can be cumbersome and slow, Galleon aims to be a fast-paced, aggressive and governance streamlined DAO. DOUBLOON will launch as a simple ERC-20 governance token initially, but Galleon is keen to further experiment with token utility as the project progresses. This includes exploration of Buyback mechanisms with fee revenue to then re-inject back into incentivisation. Other utility includes: Funding DAO contributors. We aim to stay nimble with contributor count, acting heavily in favour of full-time core contributors in contrast to large working groups of part-time members. Community contributors will be leveraged via paid bounties and grants with clear goals and outcomes. Revenue from structured products will initially be accrued back to the DAO treasury under governance control, however, we’re keen to explore fee-sharing utility for DOUBLOON holders in the future, but initially, our focus will be on achieving significant growth. Product incentivisation schemes, grants & bounties. Incentivisation will be focused on long-tail sticky growth (minting Sets, development bounties, partnerships, bootstrapping product liquidity). DOUBLOON holders have the ability to shape how the DAO treasury funds are spent by influencing snapshot votes proposed by the core team. THE RIGHTS ARE NOT BEING OFFERED OR SOLD AND MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN JURISDICTIONS OR TO WHOM SUCH AN OFFER WOULD BE UNLAWFUL. More can be found: Website: https://www.galleon.community/ Blog: https://blog.galleon.community/ GitHub: https://github.com/GalleonDAO/ Twitter: https://twitter.com/galleondao Discord: https://discord.gg/dVx542ng6G

Sale type
Liquidity Bootstrapping Pool
Fjord
Launch partner
Fjord
LP LockNone
Raise typePublic
DBL
Arbitrum One
Doubloon Token
Galleon is a Set Protocol ecosystem project founded by Andrew from Set. With his experience working and collaborating with Set since the first version iteration of the protocol, two key opportunities have been identified in the sea of on-chain structured products — an ecosystem poised for exponential growth in 2022 and beyond. At present, the infrastructure laid down by Set enables scaled, fully composable, 100% collateralised structured products to be built. However, there has been a distinct lack of reliable strategy creators and implementers that are comfortable developing and managing index products in light of regulatory uncertainty, liquidity and funding. Our goal at Galleon is to research, curate and nurture a pipeline of products with the aim to be developed and deployed alongside Set ecosystem partners (e.g. Index Cooperative) whilst also having the advantage of a methodologist token to bootstrap growth and liquidity via incentives. In addition to launching structured products, Galleon seeks to create a DAO owned distribution platform tapping into the growth loops specific to Set tokens (issuance flows). The Pirate’s Treasure — $DBL DOUBLOON (DBL) will be launched on Arbitrum via a Liquidity Bootstrapping Event (LBE) on Thursday 17th February. DBL holders will have control by participating in voting on off-chain proposals that impact governance within the Galleon product ecosystem. However, unlike commonly used governance voting models that can be cumbersome and slow, Galleon aims to be a fast-paced, aggressive and governance streamlined DAO. DOUBLOON will launch as a simple ERC-20 governance token initially, but Galleon is keen to further experiment with token utility as the project progresses. This includes exploration of Buyback mechanisms with fee revenue to then re-inject back into incentivisation. Other utility includes: Funding DAO contributors. We aim to stay nimble with contributor count, acting heavily in favour of full-time core contributors in contrast to large working groups of part-time members. Community contributors will be leveraged via paid bounties and grants with clear goals and outcomes. Revenue from structured products will initially be accrued back to the DAO treasury under governance control, however, we’re keen to explore fee-sharing utility for DOUBLOON holders in the future, but initially, our focus will be on achieving significant growth. Product incentivisation schemes, grants & bounties. Incentivisation will be focused on long-tail sticky growth (minting Sets, development bounties, partnerships, bootstrapping product liquidity). DOUBLOON holders have the ability to shape how the DAO treasury funds are spent by influencing snapshot votes proposed by the core team. THE RIGHTS ARE NOT BEING OFFERED OR SOLD AND MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN JURISDICTIONS OR TO WHOM SUCH AN OFFER WOULD BE UNLAWFUL. More can be found: Website: https://www.galleon.community/ Blog: https://blog.galleon.community/ GitHub: https://github.com/GalleonDAO/ Twitter: https://twitter.com/galleondao Discord: https://discord.gg/dVx542ng6G
LP Lock
None
Raise Type
Public
Completed
Current Price
0.183
Tokens Sold
37.8%
Market Cap
560.4K
FDV
11.15M
Funds Raised
318.4K
Feb 20, 12:00:00
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About Project
Galleon is a Set Protocol ecosystem project founded by Andrew from Set. With his experience working and collaborating with Set since the first version iteration of the protocol, two key opportunities have been identified in the sea of on-chain structured products — an ecosystem poised for exponential growth in 2022 and beyond.
At present, the infrastructure laid down by Set enables scaled, fully composable, 100% collateralised structured products to be built. However, there has been a distinct lack of reliable strategy creators and implementers that are comfortable developing and managing index products in light of regulatory uncertainty, liquidity and funding. Our goal at Galleon is to research, curate and nurture a pipeline of products with the aim to be developed and deployed alongside Set ecosystem partners (e.g. Index Cooperative) whilst also having the advantage of a methodologist token to bootstrap growth and liquidity via incentives.
In addition to launching structured products, Galleon seeks to create a DAO owned distribution platform tapping into the growth loops specific to Set tokens (issuance flows).
The Pirate’s Treasure — $DBL
DOUBLOON (DBL) will be launched on Arbitrum via a Liquidity Bootstrapping Event (LBE) on Thursday 17th February. DBL holders will have control by participating in voting on off-chain proposals that impact governance within the Galleon product ecosystem. However, unlike commonly used governance voting models that can be cumbersome and slow, Galleon aims to be a fast-paced, aggressive and governance streamlined DAO.
DOUBLOON will launch as a simple ERC-20 governance token initially, but Galleon is keen to further experiment with token utility as the project progresses. This includes exploration of Buyback mechanisms with fee revenue to then re-inject back into incentivisation.
Other utility includes: Funding DAO contributors. We aim to stay nimble with contributor count, acting heavily in favour of full-time core contributors in contrast to large working groups of part-time members. Community contributors will be leveraged via paid bounties and grants with clear goals and outcomes.
Revenue from structured products will initially be accrued back to the DAO treasury under governance control, however, we’re keen to explore fee-sharing utility for DOUBLOON holders in the future, but initially, our focus will be on achieving significant growth.
Product incentivisation schemes, grants & bounties. Incentivisation will be focused on long-tail sticky growth (minting Sets, development bounties, partnerships, bootstrapping product liquidity).
DOUBLOON holders have the ability to shape how the DAO treasury funds are spent by influencing snapshot votes proposed by the core team.
THE RIGHTS ARE NOT BEING OFFERED OR SOLD AND MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN JURISDICTIONS OR TO WHOM SUCH AN OFFER WOULD BE UNLAWFUL.
More can be found:
Website: https://www.galleon.community/
Blog: https://blog.galleon.community/
GitHub: https://github.com/GalleonDAO/
Twitter: https://twitter.com/galleondao
Discord: https://discord.gg/dVx542ng6G
Sale Details
Price Discovery
Start Price Per Token
0.0₂₀653 WETHWETH
Start Weights:
99.0%DBL
1.0%WETH
End Weights:
58.0%DBL
42.0%WETH
Max Raise(Hard Cap)
0 WETHWETH
Sale Network:
Arbitrum One
Raise Type
public
Token Type
ERC-20
Learn more about sale types and financial data in our Fjord Docs
Public Sale Duration
The Public Sale may start earlier if the previous stages finish ahead of schedule. However, it will always end at the set final date and time.
Expected Start Date:
Feb 17, 2022, 12:00 PM UTC
Duration
3 days
End Date
Feb 20, 2022, 12:00 PM UTC
Post Sale Details
Token Vesting
No Token Vesting
LP Lock
Locks the sale’s liquidity after the sale to guarantee ongoing trading and prevent sudden withdrawals.
No LP Lock
Token Redemption
Redemption Opens
Sun 20, 2022, 12:00 PM UTC
Previous Investment Rounds
Review key information from prior fundraising rounds, including funds raised, valuations, TGE percentages, and vesting periods, to gain a clear financial snapshot of the project's journey. Please verify all information independently and do your own research (DYOR).
No Previous Investment Round Details
FAQ
Connect your wallet, review the sale details, then choose the token and amount you want to contribute. If approval is required, approve the spending limit first, then confirm the purchase in your wallet.
Sale tokens are normally claimed after the sale closes. If the project configured a claim delay or token vesting, the sale page will show the timing and claim options.