FAQ

Launches and auctions

Did Boardwalk approve this launch? No. Launches through Boardwalk are permissionless. A token launching through Boardwalk is not an endorsement, recommendation, or approval from the team.

What is the graduation threshold? Currently 10 ETH or the chain-specific raise token equivalent. A launch must reach this amount during its auction window to graduate and seed liquidity. If it does not, contributors can claim a full refund.

What happens if a launch does not reach its threshold? Contributors can claim a full refund of the raise token they deposited from the launch page after the auction window closes.

Can a launch be canceled while it is live? No. The auction window and graduation threshold are set at launch. If the threshold is not met by the deadline, the auction does not graduate and refunds become claimable.

What is the difference between Express and Advanced? Express: no start delay, 24-hour auction, 50/50 auction-to-liquidity split, one issuer fee recipient, no referrer, no vesting. Advanced: 24-hour start delay, 7-day auction by default, 25–50% auction allocation (in 5% steps), one to four issuer fee recipients, optional referrer, vesting support.

Can a launch take unlimited deposits? Yes. A Raise Goal may be shown, but it does not cap the raise and it does not change the graduation threshold.

Does contributing earlier change my allocation? Yes. The bonus starts at 10% and decays to 0% by the end of the auction. That changes how the allocation is split among contributors but does not change whether the launch meets threshold.

What is the raise token? The asset contributors deposit into the auction. If the launch succeeds, it later pairs with token supply for liquidity. The raise token depends on the chain.

Does every launch include vesting? No. Express launches do not include vesting. Advanced launches can include vesting, and Advanced launches with an auction below 50% require it.

Between auction and claim

What happens if I lose access to my wallet between the auction and the claim? Auction allocations and refunds are tied to the contributing address. If the user no longer controls that address, they cannot claim. Boardwalk cannot redirect a claim to a different address.

Can I sell or transfer my auction allocation before the claim cliff ends? No. Auction allocations are claimable only after the 7-day cliff ends, and only by the contributing address.

What happens during the gap between a successful auction and liquidity being seeded? There is a short transition step with a visible countdown. Liquidity seeding is permissionless after a 1-hour delay. Once liquidity is seeded, the 7-day claim cliff begins.

After launch

What does locked liquidity mean? The raised asset is paired with token supply, the LP tokens are burned to the dead address, and the seeded position cannot be withdrawn.

Can launch settings be changed after a token goes live? The core fee percentages are fixed. Some recipient addresses can change through a timelocked flow (see Technical Appendix), but the percentages and vesting schedule do not.

Why does the token have a higher fee right after launch? That is the anti-sniper window. The fee starts at 40% right after liquidity is seeded and decays to the base fee over the first 90 minutes.

Where does the liquidity for Boardwalk-launched tokens live? In v2-style pools paired with the chain’s raise token, with a 0.1% swap fee. Adding or removing liquidity through Boardwalk does not trigger the built-in fee. Sophisticated strategies operating outside of these pools do trigger it, so in practice liquidity tends to live in standard pools.

Why can’t I claim my full issuer fee balance at once? Each issuer fee recipient can claim up to 10% of their unclaimed balance every 24 hours. If the unclaimed balance is small enough that 10% rounds to zero, the full amount becomes claimable in one call. On Advanced launches with multiple issuer recipients, each has its own 24-hour clock.

Liquidity and participation

What are Participation Points? Points that build over time while an LP participant stays staked. They affect that participant’s allocation of fee distributions and, where applicable, vesting distributions. Non-transferable, no monetary value.

What happens to my Participation Points if I unstake? Points burn proportionally. Full exit burns all related points. Partial withdrawal reduces them proportionally.

If no one is staked, what happens? Those accrued token fees are lost rather than carried forward. (Regular swap fees from the pool itself accrue as normal.)

BMX and Vote Direction of Designated Fees

What are Voter Points? Points that build over time while BMX stays staked. Added on top of staked BMX to form total Voting Power. Non-transferable, no monetary value.

What is the difference between holding BMX and staking BMX? Holding means holding the token. Staking creates voting eligibility.

Can I vote as soon as I stake? Not necessarily. Voting requires Voter Points equal to at least 1.5% of staked BMX. That ratio builds over time.

What are the four vote options? BMX Buy & Burn, Route to Operations Reserve, Perma-Lock BMX/WETH, and Route to BMX Stakers. The winning option directs designated fees for the next epoch.

Can the same option keep winning? Up to three epochs in a row. After that it sits out one epoch, then returns.

What happens if not enough people vote? Boardwalk uses a 51% quorum. If not reached, designated fees revert to the Operations Reserve for that epoch.

Do BMX holders control everything in Boardwalk? No. Stakers direct a designated portion of Boardwalk’s fees through onchain rules. It does not imply broad control over every part of the protocol.

Why does using Upvote or Downvote burn BMX? Upvote and Downvote use BMX as a one-way cost. Once burned, it does not come back.

Do Participation Points or Voter Points have monetary value? No. Both are non-transferable and tracked inside the system only.

Discovery

Are Upvotes and Downvotes recommendations? No. They are community signals that affect default visibility, not team ratings or safety reviews.

How often can I use Upvote or Downvote? Each address can use one Upvote and one Downvote per token or auction every 30 days.

Fee recipients and referrers

What kinds of fee recipients can a launch include? An issuer recipient and, depending on the setup, other issuer-directed routing (entity, public good, growth team). The fee schedule also includes chain-specific recipients such as an integrator allocation, with the exact configuration depending on the chain.

What does a referrer mean on Boardwalk? Someone who helped the issuer discover Boardwalk or get the auction set up. When included, the referrer address can be part of fee routing and, in some launch types, vesting.

Is every recipient optional? Every launch has issuer-side routing. Express supports one issuer recipient and no referrer. Advanced supports one to four issuer recipients and can include a referrer.

Post-launch address changes

Which addresses can change after launch? Issuer fee recipient addresses (changed by the current recipient for that position), the referrer address (changed by the current referrer), and vesting recipient addresses (changed by the launch issuer). These use a 7-day timelocked flow: signal, wait 7 days, execute within a 7-day window. Integrator addresses can also change, but with a 14-day delay — only the current integrator for that position can signal the change, and the replacement address cannot already be held by another integrator. Stale signals expire automatically.

What happens when a vesting recipient address is changed? Vested but unclaimed tokens for the outgoing recipient are automatically claimed before the new address takes over.

Can the ability to change a vesting recipient be turned off permanently? Yes. The issuer can permanently burn that ability for a specific vesting recipient.

Do the fee percentages or vesting schedule change? No. Only addresses can change. The economic split and vesting schedule are fixed at launch.