Liquidity Bootstrap Event

Announcing the Spartacadabra Liquidity Bootstrap Event
We will be utilizing Liquidity Bootstrap Pool (LBP) on Beethoven X.
The Spartacadabra LBP Event is a two-day liquidity bootstrapping event for the Spartacadabra community. This is the first opportunity for the general public to buy CHARM and to bootstrap liquidity foundation for Spartacadabra protocols.
What is Liquidity Bootstrap Pool (LBP)? 
The LBP on Beethoven X is an LBP fork of Balancer LBP. Unlike in a regular Balancer pool, the price will start high to disincentivize bots, front-running and speculation. Over time, downwards price pressure will be created by the change of relative weights between the two assets. Please DYOR and only participate if you know what you are doing.
Please refer to the following resources below on how to safely participate in the LBP. 
1.​ICO investor: What is a Balancer Liquidity Bootstrapping Pool (LBP) ​
2.​Balancer Docs on Liquidity Bootstrapping FAQ​
Details on the LBP:
The LBP will use the allocated 20% of the total supply of CHARM (42B) and $100,000 worth of USDC. Spartacadabra tokenomics here.
42B CHARM tokens will be distributed using a Liquidity Bootstrapping Pool (LBP). Usually only 60-80% of the allocation will be sold based on historic data on LBP. Unsold CHARM will be sent back to the Global Incentive Pool.
The LBP will run for 48 hours. Open to anyone.
The LBP is not like a regular weighted pool. The price will start relatively high to disincentivize bots, front-running, and speculation.
Below is a graph that shows the CHARM/USDC pool weight starting at 99/1 (with a relatively high CHARM price) and declining to 20/80 (lower CHARM price) over 48 hours.
At the end of the 48 hour period, part of the funds will be used to initial liquidity of CHARM-USDC on Spooky, and Lambda-2Pool on Curve.
A minimum of $400K, or 40% of the total raised fund, whichever is greater, will be used to bootstrap liquidity pools.
Rest of the proceeds will be reserved for development and community growth fund for future development of the product, project operations and marketing.
The graph below shows the price action of the LBP assuming there is no buy/sell. The actual price can fluctuate based on market buy pressure. If there is no market buy, the price will go down quickly as the weights of the pool change. This prevents front-running and price speculations. 
When LBP?
This will be a fair launch for all. We will announce the exact time in advance very soon. Everyone will get a fair chance to participate. 
Please stay tuned in our discord.
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Join us in discord.gg/spartacadabra should you have any questions/suggestions.
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Announcing the Spartacadabra Liquidity Bootstrap Event

What is Liquidity Bootstrap Pool (LBP)?

Details on the LBP:

When LBP?